NOT LISTED FOR SALE

901 S Ocean Blvd Delray Beach, FL 33483

Estimated Value: $5,507,000 - $43,982,684

5 Beds
8 Baths
13,087 Sq Ft
$1,891/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $26,750,000 $2,044 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $171,022/month

51 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • 47,623 Sq Ft lot
  • Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms

About This Home

As of March 2018

Sensational Coastal Contemporary by Mark Timothy, Affiniti Architects & Marc Michaels Interiors situated in the Estate Section of Delray. Highly appointed finishes & unmatched attention to detail within this custom Beachfront Estate, which sits on a 1.1 Acre lot boasting great elevation & privacy on the best stretch of sand south of Palm Beach. Over 17,000 SF including 5 BD / 5 BA / 3 HB, this trophy estate features every amenity imaginable including $1 Million Low Voltage AV & Security System , Elevator, Summer Kitchen, High Ceilings, Oversize Pool & Spa, His & Hers Offices, His & Hers Master Baths, dual laundry rooms, Generator, 4 Car air conditioned garage, Temperature controlled Wine Cellar, bonus room for Staff Quarters or Gym, lush landscaping & a boardwalk down to your own beach.

Last Agent to Sell the Property

Devin Kay

Douglas Elliman License #3282307 Listed on: 10/23/2017

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $310,424

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 1.09 Acre Lot
  • 100 Ft Wide Lot
  • Ocean Front
  • West Facing Home
  • Property is zoned R-1-AA (

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 13,087 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Blinds
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Wood Flooring
  • Direct Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Turtle Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621820000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$310,424

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TURTLE BEACH
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Cooking Island, Elevator, Pantry, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 13087
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • Roof: Barrel Roof, Concrete
  • View: Ocean, Direct Ocean, Water
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TURTLE BEACH
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Other Subdivision - See Remarks
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: None, Other

Lot Info

  • Parcel Number: 12434621820000010
  • Lot Size Sq Ft: 47623
  • Zoning: R-1-AA (
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 310424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Mar 15, 2018
Sold by
Powers William C and William C Powers Trust
Bought by
Qcre Vii Llc
Seller's Agent
Devin Kay
Douglas Elliman
List Price
$28,995,000
Sold Price
$26,750,000
Premium/Discount to List
-$2,245,000
-7.74%
Current Estimated Value
$24,744,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,005,158
Avg. Annual Appreciation
-1.02%
Original Mortgage
$187,250
Outstanding Balance
$160,686
Interest Rate
4.44%
Estimated Equity
$24,584,156

Purchase Details

Listed on
Nov 26, 2013
Closed on
Feb 10, 2015
Sold by
Delray 901 S Ocean Llc
Bought by
Powers William C and The William C Powers Trust
Seller's Agent
Randolph Ely
Douglas Elliman
Buyer's Agent
Lori Bennett
Coldwell Banker
List Price
$19,950,000
Sold Price
$19,000,000
Premium/Discount to List
-$950,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$11,400,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2011
Closed on
Feb 20, 2013
Sold by
901 South Ocean Blvd Db Llc
Bought by
Delray 901 S Oceana Llc
Seller's Agent
Veronica Cudmore
VLC Property Group, Inc
Buyer's Agent
Randolph Ely
Douglas Elliman
List Price
$6,295,000
Sold Price
$6,075,000
Premium/Discount to List
-$220,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.92%

Purchase Details

Closed on
Apr 10, 1998
Sold by
Alexander Quentin and Alexander Elisabeth H
Bought by
Iacobucci Edward E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Qcre Vii Llc $26,750,000 Attorney
Powers William C $19,000,000 Attorney
Delray 901 S Oceana Llc $6,075,000 None Available
Iacobucci Edward E $5,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iacobucci Edward E $187,250
Previous Owner Powers William C $11,400,000
Previous Owner Iacobucci Edward E $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2018 03/15/18 Sold $26,750,000 -7.7% $2,044 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $28,995,000 +52.6% $2,216 / Sq Ft
02/10/2015 02/10/15 Sold $19,000,000 -4.8% $1,563 / Sq Ft View Prior Sale
01/11/2015 01/11/15 Pending -- -- --
11/26/2013 11/26/13 For Sale $19,950,000 +228.4% $1,642 / Sq Ft
02/25/2013 02/25/13 Sold $6,075,000 -3.5% -- View Prior Sale
01/26/2013 01/26/13 Pending -- -- --
05/24/2011 05/24/11 For Sale $6,295,000 -- --
Source: MIAMI REALTORS® MLS

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
2024 $494,948 $22,946,306 -- --
2023 $469,413 $20,860,278 $0 $0
2022 $431,938 $18,963,889 $0 $0
2021 $347,950 $17,239,899 $9,450,300 $7,789,599
2020 $348,349 $17,108,422 $8,100,300 $9,008,122
2019 $365,193 $17,738,791 $8,100,300 $9,638,491
2018 $305,189 $15,187,944 $8,513,805 $6,674,139
2017 $310,424 $15,141,148 $8,108,400 $7,032,748
2016 $333,226 $15,801,270 $0 $0
2015 $255,133 $11,482,435 $0 $0
2014 -- $5,197,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Devin Kay

    Seller's Agent in 2018

    Devin Kay

    Douglas Elliman

    (305) 695-6300

    68 Total Sales

    Devin Kay
    Section Image

  • R

    Seller's Agent in 2015

    Randolph Ely

    Douglas Elliman

    (561) 271-2762

    1 in this area

    8 Total Sales

    Randolph Ely
    Section Image

  • N

    Seller Co-Listing Agent in 2015

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    49 in this area

    138 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • L

    Buyer's Agent in 2015

    Lori Bennett

    Coldwell Banker

    (561) 400-0746

    2 Total Sales

    Lori Bennett
    Section Image

  • V

    Seller's Agent in 2013

    Veronica Cudmore

    VLC Property Group, Inc

    (561) 985-0151

    2 Total Sales

    Veronica Cudmore
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10427832

MIAMI REALTORS® MLS

APN: 12-43-46-21-82-000-0010

Florida Palm Beach County Delray Beach 33483

901 S Ocean Blvd, Delray Beach, FL

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