NOT LISTED FOR SALE

941 Cypress Dr Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $2,435,000 - $4,007,000

4 Beds
4 Baths
3,886 Sq Ft
$856/Sq Ft Est. Value

Highlights

  • Boat Ramp
  • Property has ocean access
  • Intracoastal View
  • Boca Raton Community Middle School Rated A-
  • Home fronts navigable water
  • Attic

About This Home

As of May 2014

Tropic Isle is a very desirable waterfront community in Delray Beach. This property is a boater's dream with 90 feet of water frontage, dock with dolphin posts for larger boats, electricity, water and a recently updated jet ski lift. The home shows like new, has stunning pool with Jacuzzi, a three car garage, and all stainless steel appliances. Both the exterior and the interior have recently been painted. One of south Floridas most desirable boating communities with an incredible opportunity to rent this extremely desirable property close to shopping, beaches, and Atlantic Avenue.

Last Agent to Rent the Property

Carol Corey

One Sotheby's International Realty License #3216159 Listed on: 03/21/2014

One Sotheby's International Realty

Co-Listed By

John Paul Giuffre

Inactive Member License #596604

Last Renter's Agent

Jason Kaczwara

Swordfish Realty Inc. License #3200419

Home Details

Home Type

  • Single Family

Year Built

  • 1997

Lot Details

  • Home fronts navigable water
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Canal
  • Pool

Interior Spaces

  • 3,886 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Family Room
  • Den
  • Attic

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/15/14
  • Assessor Parcel Number 12434628020002060

Community Details

Overview

  • Tropic Isle Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Community Pool

Home Details

Home Type

Single Family

Year Built

1997

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2014-05-15

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Tropic Blvd, Spanish Trail South to Cypress Drive
  • Carport Y N: No
  • Special Features: None
  • Year Built: 1997

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, High Ceilings, Separate Shower, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3886.0
  • Dining Room Type: Attic, Den, Family Room, Great Room, Laundry, Storage Room

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Canal, Intercoastal, Pool
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Association, Community
  • View: Yes
  • Waterfront Features: Dock Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Pool
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628020002060

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2011
Sold by
Bahr Michael
Bought by
Benturk Nuri and Benturk Ferda
Current Estimated Value
$3,326,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$266,335
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,060,424

Purchase Details

Closed on
Nov 2, 2009
Sold by
Bahr Michael J and Bahr Sharon
Bought by
Bahr Michael J

Purchase Details

Closed on
Oct 12, 2004
Sold by
Ridenour John T and Ridenour Gloria W
Bought by
Bahr Michael J and Bahr Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2001
Sold by
Debarros Leonard and Debarros Glenia
Bought by
Ridenour John T and Ridenour Gloria W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.5%

Purchase Details

Closed on
Aug 4, 1997
Sold by
Kramer Avalon R and Kramer Ricky
Bought by
Debarros Leonard and Debarros Glenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1996
Sold by
Intracoastal Development Inc
Bought by
Avalon R J and Kramer Ricky

Purchase Details

Closed on
Oct 11, 1995
Sold by
Applegate Robert W and Applegate Madeline E
Bought by
Intracoastal Development Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Benturk Nuri $825,000 Attorney
Bahr Michael J -- Attorney
Bahr Michael J $1,470,000 Corporate Title Inc
Ridenour John T $1,025,000 Corporate Title Inc
Debarros Leonard $675,000 --
Debarros Leonard $100 --
Avalon R J $100 --
Intracoastal Development Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benturk Nuri $417,000
Previous Owner Bahr Michael J $1,000,000
Previous Owner Ridenour John T $820,000
Previous Owner Intracoastal Development Inc $796,250
Previous Owner Intracoastal Development Inc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Rented -- -- --
04/27/2014 04/27/14 Under Contract -- -- --
03/21/2014 03/21/14 For Rent $6,750 +3.8% --
03/04/2013 03/04/13 For Rent $6,500 +8.3% --
03/04/2013 03/04/13 Rented $6,000 -7.7% --
02/07/2012 02/07/12 For Rent $6,500 +8.3% --
02/07/2012 02/07/12 Rented $6,000 -- --
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
2025 $35,340 $1,949,732 -- --
2024 $35,340 $1,772,484 -- --
2023 $35,590 $1,611,349 $0 $0
2022 $30,974 $1,464,863 $0 $0
2021 $27,991 $1,461,138 $900,000 $561,138
2020 $24,870 $1,210,631 $700,000 $510,631
2019 $25,074 $1,207,119 $700,000 $507,119
2018 $25,228 $1,241,156 $682,240 $558,916
2017 $24,362 $1,174,420 $631,704 $542,716
2016 $24,841 $1,163,995 $0 $0
2015 $23,675 $1,071,671 $0 $0
2014 $22,581 $996,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2014

    Carol Corey

    One Sotheby's International Realty

    (561) 926-1300

    43 Total Sales

    Carol Corey
    Section Image

  • J

    Landlord's Co-Listing Agent in 2014

    John Paul Giuffre

    Inactive Member

  • Jason Kaczwara

    Tenant's Agent in 2014

    Jason Kaczwara

    Swordfish Realty Inc.

    (561) 704-5640

    13 Total Sales

    Jason Kaczwara
    Section Image

  • J

    Buyer Co-Listing Agent in 2014

    Janet Kaczwara

    Swordfish Realty Inc.

    (561) 371-8448

    67 Total Sales

    Janet Kaczwara
    Section Image

  • K

    Buyer's Agent in 2013

    Kathleen D'Lando

    Berkshire Hathaway Florida Realty

    (561) 393-7000

    5 Total Sales

    Kathleen D'Lando
    Section Image

  • D

    Buyer's Agent in 2012

    David Lawrence

    Home Hunters Real Estate

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10026383

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-02-000-2060

Florida Palm Beach County Delray Beach 33483 Tropic Isle

941 Cypress Dr, Delray Beach, FL

Not Listed for Sale

Detached

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