NOT LISTED FOR SALE

Estimated Value: $7,398,600 - $8,714,000

6 Beds
5.5 Baths
4,894 Sq Ft
$1,628/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2016

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

Est. 85% increase in value since last sale

Current estimated payment $51,792 / mo

105 Days on Market

Highlights

  • Direct Ocean View
  • Heated Pool
  • Waterfront
  • 1 Bedroom Guest House
  • Garage Apartment
  • Maid or Guest Quarters

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.

Co-Listed By

Randolph Ely

Douglas Elliman License #563399

Douglas Elliman

Last Buyer's Agent

Andrew Maggiore

SDG Real Estate LLC License #3281943

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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
  • Property is zoned R1AAA

Parking

  • 2 Car Detached Garage
  • Garage Apartment
  • Guest Parking
  • Parking Garage Space

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,894 Sq Ft Home
  • Property has 3 Levels
  • Bar
  • Family Room
  • Formal Dining Room
  • Den
  • Direct 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
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Shower Only in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated Pool
  • Balcony
  • Patio
  • Outdoor Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Has A Garage

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1243461624000012

Community Details

Overview

  • No Home Owners Association
  • Seaspray Estates Delray Bc,Seaspray Estates Subdivision

Amenities

  • Secure Lobby
  • Elevator

Recreation

  • Community Pool

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

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Co List Office Mls Id: FLL607002
  • Co List Office Phone: 561-278-0433
  • Directions: North of Atlantic Avenue on A1A
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 3
  • New Construction: No
  • Building Stories: 3
  • Structure Type: House
  • Subdivision Name: SEASPRAY ESTATES DELRAY BC,Seaspray Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Garage
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 4300000
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Washer
  • Interior Amenities: Bar, Elevator, Den/Library/Office, Family Room, Garage Apartment, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Maid'S Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 4894
  • Other Equipment: Elevator, Natural Gas
  • Stories: 3
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Garage Apartment, Separate Guest/In-Law Quarters, Laundry, Maid/In-Law Quarters, Maid'S Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only, Separate Tub & Shower

Exterior Features

  • Roof: Barrel, Barrel Roof
  • View: Ocean, Direct Ocean, Ocean View
  • Exterior Features: Balcony, Built-In Grill
  • Construction Type: Concrete Block Construction, CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Corner Lot, Fenced
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Detached, Guest, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator, Compressed Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Security System, Lobby Secured
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Amenities: Elevator(s), None, Private Pool
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 1243461624000012
  • Zoning: R1AAA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 40519

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
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
$7,967,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,667,900
Avg. Annual Appreciation
6.20%

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

Purchase Details

Closed on
Jan 31, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Attorney
$4,300,000 Attorney
-- --
$2,800,000 --
-- --
-- --
$1,800,000 --
$435,000 --
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: MIAMI REALTORS® MLS

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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10195238

MIAMI REALTORS® MLS

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

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