$6,750,000
SOLD FEB 28, 2025
5 Beds
6 Baths
4,860 Sq Ft
0.3 Acres

Recently Sold

$1,389 Per Sq Ft

1% Below List Price

81 Days on Market

Highlights

  • Heated Spa
  • Garden View
  • Den
  • Marble Flooring
  • High Ceiling
  • 4-minute walk to Anchor Park

About This Home

As of February 2025

Welcome to 511 Seagate Drive, a residence where modern design meets the timeless allure of coastal living. This 5 bedroom, 4.2 bath home is a 2014 Richard Jones designed residence that showcases clean lines, high ceilings, and an airy focus on open spaces. Nestled in an excellent location on Delray Beach's barrier island in the heart of the Seagate community, the property provides a sanctuary of calm that rests just a stone's throw away from both the Atlantic Ocean and the energetic pulse of Atlantic Avenue.Upon stepping inside, visitors discover a home bathed in natural light, with floor-to-ceiling glass sliders that invite the outdoors in and vice-versa. The interior features warm oak floors and warm accent lighting that complement a refined coastal contemporary aesthetic.

Last Agent to Sell the Property

Cameron Sydenham

The Corcoran Group License #3073556 Listed on: 11/15/2024

The Corcoran Group

Last Buyer's Agent

Cole Devitt

Premier Estate Properties, Inc License #3359382

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,120

Year Built

  • Built in 2014

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Interior Lot
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 4,860 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Plantation Shutters
  • Entrance Foyer
  • Family Room
  • Open Floorplan
  • Den

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434621060030090

Community Details

Overview

  • Seagate Subdivision, Coastal Custom Floorplan

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,120

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A a couple blocks south of Atlantic Ave.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Entrance Foyer, Family/Dining Room, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: Heated, In Ground
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 4860.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room
  • Stories: 2
  • Window Features: Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Pool
  • Lot Features: Interior Lot, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434621060030090
  • Lot Size: 113.0 ft x 117.0 ft
  • Lot Size Sq Ft: 13223.0
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 68120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Feb 28, 2025
Sold by
Hynes John B
Bought by
Chung Paul and Chung Jihae
Seller's Agent
Cameron Sydenham
The Corcoran Group
Buyer's Agent
Cole Devitt
Premier Estate Properties, Inc
List Price
$6,850,000
Sold Price
$6,750,000
Premium/Discount to List
-$100,000
-1.46%
Views
6
Current Estimated Value
$6,910,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,399
Avg. Annual Appreciation
2.80%
Original Mortgage
$4,250,000
Outstanding Balance
$4,210,267
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,700,132

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 28, 2019
Sold by
Keating Timothy J and Keating Ann M
Bought by
Hynes John B
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Pascal Liguori
Premier Estate Properties, Inc
List Price
$4,150,000
Sold Price
$3,800,000
Premium/Discount to List
-$350,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Listed on
Mar 14, 2014
Closed on
Dec 29, 2014
Sold by
Mjh Fern 76 Llc
Bought by
Keating Timothy J
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Jilly Cammisa
Premier Estate Properties, Inc
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$2,030,000
Interest Rate
2.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 4, 2012
Closed on
Dec 28, 2012
Sold by
Smith Robert S and Smith Michelle
Bought by
Mjh Fern 76 Llc
Seller's Agent
Jeffrey Johnson
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$1,175,000
Sold Price
$1,050,000
Premium/Discount to List
-$125,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.04%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Carr Christopher B and Carr Karen
Bought by
Smith Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2000
Sold by
Pr Thomas F Markey Jr
Bought by
Carr Christophe B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.93%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,750,000 None Listed On Document
Warranty Deed $3,800,000 Attorney
Warranty Deed $2,900,000 K Title Company Llc
Warranty Deed $1,050,000 Attorney
Warranty Deed $880,000 Delray Title & Abstract Co
Warranty Deed $437,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,250,000 New Conventional
Previous Owner $2,030,000 Adjustable Rate Mortgage/ARM
Previous Owner $704,000 Purchase Money Mortgage
Previous Owner $140,000 Credit Line Revolving
Previous Owner $43,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $6,750,000 -1.5% $1,389 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
11/15/2024 11/15/24 For Sale $6,850,000 +80.3% $1,409 / Sq Ft
02/28/2019 02/28/19 Sold $3,800,000 -8.4% $782 / Sq Ft View Prior Sale
01/29/2019 01/29/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $4,150,000 +43.1% $854 / Sq Ft
12/29/2014 12/29/14 Sold $2,900,000 -3.2% $633 / Sq Ft View Prior Sale
11/29/2014 11/29/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $2,995,000 +185.2% $654 / Sq Ft
01/04/2013 01/04/13 Sold $1,050,000 -10.6% $485 / Sq Ft View Prior Sale
12/05/2012 12/05/12 Pending -- -- --
07/04/2012 07/04/12 For Sale $1,175,000 -- $542 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

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 $72,712 $3,990,819 -- --
2024 $72,712 $3,628,017 -- --
2023 $68,120 $3,298,197 $0 $0
2022 $63,612 $2,998,361 $0 $0
2021 $55,218 $2,725,783 $1,278,048 $1,447,735
2020 $54,270 $2,655,522 $1,236,000 $1,419,522
2019 $52,181 $2,524,658 $1,200,000 $1,324,658
2018 $52,562 $2,598,730 $1,212,079 $1,386,651
2017 $51,741 $2,507,168 $1,212,079 $1,295,089
2016 $54,407 $2,522,409 $0 $0
2015 $50,393 $2,293,099 $0 $0
2014 $17,568 $788,344 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11037337

BeachesMLS

APN: 12-43-46-21-06-003-0090