NOT LISTED FOR SALE

Estimated Value: $6,597,804 - $8,814,000

6 Beds
5.5 Baths
4,894 Sq Ft
$1,611/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2016

Last sale price $4,300,000 $879 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $50,797 / mo

47 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Main Floor Primary Bedroom
  • Heated In Ground Pool
  • Marble Flooring
  • Outdoor Living Area

About This Home

As of May 2016

Incredible opportunity to own a rare oceanfront home with an elevation 23 feet above sea level. Ideally located just blocks north of Atlantic Avenue and Downtown Delray Beach and south of George Bush Boulevard, this is one of the few oceanfront parcels along the stretch of A1A. The location is second to none and the home is truly spectacular with absolutely amazing unobstructed ocean views. The home sits on a deep corner lot allowing privacy and expansive space. Original structure from 1951 was rehabbed in 1997 with expansive new addition added on. Major update in 2005 included roof, floors, windows, paint, landscape and more to create a like-new residence. Interior features include lavish master quarters, gourmet kitchen overlooking the ocean with top-of-the-line appliances, formal library with built in bookcases, formal dining, large media room, custom finishes throughout, and a private guest apartment. The exterior of the property offers expansive outdoor space; filled with lots of lush tropical landscape and a tree canopied entrance. The elevation and location of lot provide peace of mind since it is not in a flood zone. The coral loggia overlooks the oversized pool and the courtyard's fountain. The outdoor kitchen includes professional stainless steel gas grill and wood-burning pizza oven. Natural gas sconces light the loggia and four covered terraces overlooking the ocean. This home is wonderful for entertaining and extremely rare to find in Delray Beach.

Last Agent to Sell the Property

Nicholas Malinosky

Douglas Elliman License #3103961 Listed on: 01/04/2016

Douglas Elliman

Co-Listed By

Randolph Ely

Douglas Elliman License #563399

Last Buyer's Agent

Andrew Maggiore

SDG Real Estate LLC License #3281943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,519

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • North Facing Home
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned R1AAA

Parking

  • 2 Car Detached Garage
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,894 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Formal Dining Room
  • Ocean Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Seaspray Estates Delray Bch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1243461624000012

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,519

Year Built

Built in 1997

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North of Atlantic Avenue on A1A
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Elevator, Main Level Primary, Separate Shower, Tub Shower, Upper Level Primary, Bar
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Marble
  • Living Area: 4894.0
  • Stories: 3

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Ocean
  • Fencing: Fenced
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, Guest

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 1243461624000012
  • Mobile Dim Units: Feet
  • Zoning: R1AAA

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 40519.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 18, 2016
Sold by
Bought by
Seller's Agent
Nicholas Malinosky
Douglas Elliman
Buyer's Agent
Andrew Maggiore
SDG Real Estate LLC
List Price
$4,450,000
Sold Price
$4,300,000
Premium/Discount to List
-$150,000
-3.37%
Current Estimated Value
$7,885,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,585,201
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Dec 6, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
8.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
7.2%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,300,000 Attorney
-- Attorney
-- --
$2,800,000 --
-- --
-- --
$1,800,000 --
$435,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $147,500
Previous Owner $304,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $4,300,000 -3.4% $879 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $4,450,000 -- $909 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $96,988 $5,312,995 -- --
2024 $96,988 $4,829,995 -- --
2023 $88,590 $4,338,176 $3,382,060 $1,899,566
2022 $79,455 $3,943,796 $0 $0
2021 $72,649 $3,585,269 $2,310,000 $1,275,269
2020 $70,728 $3,459,724 $2,090,000 $1,369,724
2019 $71,235 $3,446,047 $1,980,000 $1,466,047
2018 $69,220 $3,421,249 $2,221,697 $1,199,552
2017 $68,307 $3,308,820 $2,115,902 $1,192,918
2016 $39,445 $1,891,851 $0 $0
2015 $40,519 $1,878,700 $0 $0
2014 $40,802 $1,863,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10195238

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-24-000-0012

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