$4,550,000
UNDER CONTRACT NEW CONSTRUCTION $300K PRICE DROP

Estimated payment $25,128/month

Total Views 95,677
4 Beds
6 Baths
4,586 Sq Ft
$992 Price per Sq Ft

Highlights

  • Media Room
  • Saltwater Pool
  • High Ceiling
  • New Construction
  • Wood Flooring
  • Great Room

About This Home

In Delray Beach's sought-after Palm Trail neighborhood, 508 NE 7th Avenue, Delray Beach, FL 33483 is a modernist masterpiece by Stamm Development Group. This expansive 4-bedroom, 4.2-bathroom single-family home with an additional flex room, offers 5,531 total square feet of luxurious living,.

Listing Agent

John Hackett

SDG Real Estate LLC License #3615545 Listed on: 03/20/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,615

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,399 Sq Ft Lot
  • Sprinkler System
  • Property is zoned RM(cit

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 4,586 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Media Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Saltwater Pool
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater

Community Details

  • Hofman Add Subdivision
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 12434609240000540
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,615

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Fed Highway or 7th Avenue North of Atlantic to 508 NE 7th Ave
  • Year Built: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4226

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Pantry, Separate Shower
  • Main Level Bedrooms: 1
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Wood
  • Living Area: 4586.0
  • Dining Room Type: Den, Great Room, Laundry, Media Room
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other, Elevator(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609240000540
  • Lot Size: < 1/4 Acre,1/4 to 1/2 Ac
  • Lot Size Sq Ft: 6399.0
  • Zoning Description: RM(cit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14615.0

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $51,918 $2,962,095 -- --
2024 $51,918 $2,822,988 -- --
2023 $13,433 $707,355 $707,355 $0
2022 $14,157 $703,038 $0 $0
2021 $15,617 $751,830 $665,500 $86,330
2020 $15,065 $718,278 $605,000 $113,278
2019 $14,725 $713,156 $605,000 $108,156
2018 $12,993 $626,121 $546,378 $79,743
2017 $12,357 $609,309 $530,464 $78,845
2016 $11,493 $512,882 $0 $0
2015 $10,657 $466,256 $0 $0
2014 $10,298 $442,616 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2025 10/04/25 Off Market $4,550,000 -- --
10/02/2025 10/02/25 For Sale $4,550,000 0.0% $992 / Sq Ft
06/10/2025 06/10/25 Price Changed $4,550,000 -4.2% $992 / Sq Ft
03/25/2025 03/25/25 Price Changed $4,750,000 -2.1% $1,036 / Sq Ft
03/20/2025 03/20/25 For Sale $4,850,000 -- $1,058 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,525,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,010,000 Commercial
Previous Owner $370,000 Purchase Money Mortgage
Previous Owner $138,000 Balloon
Source: Public Records

About the Listing Agent

John Hackett

SDG Real Estate LLC

(561) 462-4502

Section Image

A native of Boca Raton, John Hackett currently spearheads SDG|RE as Managing Director and qualifying Broker of Record. With 25 years of experience in development sales, commercial real estate and luxury residential real estate sales and marketing across South Florida, there are few real estate professionals that can match John’s knowledge of the many faces of the real estate business.

From recruiting top-performing agents and advancing them through all phases of business growth, to

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Source: BeachesMLS

MLS Number: R11073303

BeachesMLS

APN: 12-43-46-09-24-000-0540