$1,740,000
SOLD JUN 16, 2023
0.23 Acre
$7,467,811 Price per Acre
10,170 Sq Ft Lot

Recently Sold

$689 Per Sq Ft

15% Below List Price

99 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Boca Raton Community Middle School Rated A-

About This Lot

As of April 2024

Looking for a premium waterfront property to build your dream home? Look no further! This 90-foot vacant lot in highly sought-after Tropic Isle, Delray Beach, is now available for purchase. Boasting stunning waterfront views and easy access to the ocean, this lot offers the perfect opportunity to live a luxurious waterfront lifestyle. Take a quick golf cart ride to the beautiful public beach nearby, or enjoy the convenience of ocean access right from your backyard. And if you're in need of plans, we can include it in the price! Don't miss out on the chance to own this exceptional piece of property. Text LA with any questions.

Last Agent to Sell the Property

Stephanie Didonato

Deco Realty Group Inc. License #3508458 Listed on: 03/08/2023

Co-Listed By

Ashley Gaffoglio

Deco Realty Group Inc. License #3253975

Last Buyer's Agent

Diana Edwards

Serhant License #3477998

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,147

Lot Details

  • 10,170 Sq Ft Lot
  • 90 Feet of Waterfront
  • Home fronts a canal
  • Dirt Road
  • South Facing Home
  • Property is zoned R-1-AA-B

Additional Features

  • Canal Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 12434628010000220

Community Details

Overview

  • Tropic Isle Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$25,147

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: See GPS
  • Special Features: None

Exterior Features

  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Dirt
  • Waterfront Features: Canal Front, Dock Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: South

Utilities

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

Lot Info

  • Parcel #: 12434628010000220
  • Development Status: Raw Land
  • Lot Size Acres: 0.233
  • Lot Size: 10,170
  • Lot Size Sq Ft: 10170.0
  • Number Of Lots: 1
  • Zoning Description: R-1-AA-B
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 25147.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Apr 18, 2024
Sold by
939 Eve Llc
Bought by
Dockside Homes 939 Llc
Seller's Agent
Nicholas Craig
Serhant
Buyer's Agent
Brad Kuskin
Compass Florida LLC
List Price
$1,999,000
Sold Price
$1,875,000
Premium/Discount to List
-$124,000
-6.2%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.37%
Original Mortgage
$1,312,500
Outstanding Balance
$1,296,057
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$4,335,548

Purchase Details

Listed on
Mar 8, 2023
Closed on
Aug 11, 2023
Sold by
Edwards Daniel E
Bought by
939 Eve Llc
Seller's Agent
Stephanie Didonato
Deco Realty Group Inc.
Buyer's Agent
Diana Edwards
Serhant
List Price
$2,050,000
Sold Price
$1,740,000
Premium/Discount to List
-$310,000
-15.12%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Listed on
Mar 8, 2023
Closed on
Jun 16, 2023
Sold by
Carter Joseph B
Bought by
Edwards Daniel E
Seller's Agent
Stephanie Didonato
Deco Realty Group Inc.
Buyer's Agent
Diana Edwards
Serhant
List Price
$2,050,000
Sold Price
$1,740,000
Premium/Discount to List
-$310,000
-15.12%
Views
35

Purchase Details

Listed on
Oct 19, 2021
Closed on
Mar 31, 2022
Sold by
Franciosa Gerald P and Franciosa Sheila R
Bought by
Carter Joseph B
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Stephanie Didonato
Deco Realty Group Inc.
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.87%
Original Mortgage
$1,615,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1999
Sold by
Perlmutter Penny and Perlmutter Gary R
Bought by
Franciosa Gerald P and Franciosa Sheila R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,875,000 All Country Title
Quit Claim Deed -- Quaker Title & Escrow
Warranty Deed $1,740,000 Trident Title
Warranty Deed $2,000,000 --
Warranty Deed $371,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,312,500 New Conventional
Previous Owner $7,750,000 New Conventional
Previous Owner $1,615,000 New Conventional
Previous Owner $120,000 Unknown
Previous Owner $110,000 Unknown
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $2,900,000 -57.7% --
10/28/2024 10/28/24 For Sale $6,850,000 +265.3% $1,133 / Sq Ft
04/18/2024 04/18/24 Sold $1,875,000 -6.2% $742 / Sq Ft
11/14/2023 11/14/23 For Sale $1,999,000 +14.9% $791 / Sq Ft
06/16/2023 06/16/23 Sold $1,740,000 -13.0% $689 / Sq Ft
05/02/2023 05/02/23 Price Changed $2,000,000 -2.4% $791 / Sq Ft
03/08/2023 03/08/23 For Sale $2,050,000 +2.5% $811 / Sq Ft
03/31/2022 03/31/22 Sold $2,000,000 0.0% $791 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
10/19/2021 10/19/21 For Sale $2,000,000 -- $791 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $29,245 $1,598,154 -- --
2023 $30,545 $1,598,154 $1,596,540 $1,614
2022 $25,147 $1,278,955 $0 $0
2021 $9,013 $476,354 $0 $0
2020 $8,954 $469,777 $0 $0
2019 $8,837 $459,215 $0 $0
2018 $8,470 $450,653 $0 $0
2017 $8,445 $441,384 $0 $0
2016 $8,493 $432,306 $0 $0
2015 $8,719 $429,301 $0 $0
2014 $8,775 $425,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10371066

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-01-000-0220