NOT LISTED FOR SALE

Estimated Value: $3,933,000 - $25,950,022

1.24 Acres
$9,464,791 Price per Acre
54,014 Sq Ft Lot

Last Sold September 05, 2014

Last sale price $10,775,000

Est. 9% increase in value since last sale

Current estimated payment $87,262/month

117 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • No HOA
  • Property has ocean access
  • 1.24 Acre Lot
  • 4-minute walk to Anchor Park

About This Lot

As of September 2014

Welcome to one of the most incredible direct oceanfront land parcels the Florida Coastline has to offer. Not only is the land one of a kind, but the location is second to none. The site is located in the Delray Beach Estate section which is known for having some of the deepest oceanfront land parcels in all of South Florida. Just minutes from the famed Atlantic Avenue, just north of Boca Raton’s Mizner Park, and south of Palm Beach and Worth Avenue; ideal not only for nightlife and entertaining but also for privacy. The land features 125 feet of oceanfront and has over 580 feet of depth which is extremely rare and difficult to find. The property lends itself to the most discerning of oceanfront buyers who demand nothing less than the best of the best when it comes to oceanfront living. The

Last Agent to Sell the Property

Randolph Ely

Douglas Elliman License #563399 Listed on: 04/29/2014

Douglas Elliman

Co-Listed By

NICHOLAS MALINOSKY

Douglas Elliman License #3103961

Last Buyer's Agent

Randolph Ely

Douglas Elliman License #563399 Listed on: 04/29/2014

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $119,018

Lot Details

  • 1.24 Acre Lot
  • Waterfront
  • West Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed

Additional Features

  • Ocean Views
  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434621000010090

Community Details

Overview

  • No Home Owners Association
  • 21 46 43 Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$119,018

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: A1A between Linton Blvd and Atlantic Ave on east side
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • View: Ocean
  • Fencing: Fenced
  • Lot Features: 1-2 Acres, Cleared, City Lot
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Access
  • Association: No

Lot Info

  • Parcel #: 12434621000010090
  • Current Use: Single Family, Unimproved
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.24
  • Lot Size: DP 368 AF 127.1 EF 125
  • Lot Size Sq Ft: 54014.0
  • Number Of Lots: 1
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: SINGLE FAMILY

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 119018.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Aug 28, 2014
Sold by
Gusky Michael H and Gusky Robin L
Bought by
Cmr Holdings Llc
Seller's Agent
Randolph Ely
Douglas Elliman
Buyer's Agent
Randolph Ely
Douglas Elliman
List Price
$11,750,000
Sold Price
$10,775,000
Premium/Discount to List
-$975,000
-8.3%
Current Estimated Value
$11,736,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$961,341
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
Nov 17, 2005
Sold by
705 South Ocean Llc
Bought by
Gusky Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,400,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2005
Sold by
Ginter Van Leonard and Cox Beverly Creasy
Bought by
705 South Ocean Llc

Purchase Details

Closed on
Jul 19, 2000
Sold by
Boca Marina Ltd
Bought by
Ginter Van L
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cmr Holdings Llc $10,775,000 None Available
Gusky Michael H $8,000,000 --
705 South Ocean Llc $7,900,000 --
Ginter Van L $2,254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gusky Michael H $6,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $10,775,000 -8.3% --
08/06/2014 08/06/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $11,750,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $315,803 $15,944,532 -- --
2024 $315,803 $14,495,029 -- --
2023 $279,571 $13,177,299 $0 $0
2022 $250,439 $11,979,363 $0 $0
2021 $224,246 $11,550,300 $11,550,300 $0
2020 $201,509 $9,900,300 $9,900,300 $0
2019 $203,751 $9,900,300 $9,900,300 $0
2018 $216,758 $10,946,235 $10,946,235 $0
2017 $204,286 $10,425,000 $10,425,000 $0
2016 $197,885 $8,821,230 $0 $0
2015 $175,477 $8,019,300 $0 $0
2014 $130,370 $5,445,363 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10036747

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-00-001-0090