$22,000,000
SOLD JUL 30, 2025
1.08 Acres
$20,370,370 Price per Acre
47,045 Sq Ft Lot

Recently Sold

0 Day on Market

Highlights

  • Ocean View
  • Waterfront
  • No HOA
  • Property has ocean access
  • 1.08 Acre Lot

About This Lot

As of July 2025

Oceanfront vacant parcel in East Delray Beach

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 07/31/2025

Douglas Elliman

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 07/31/2025

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200,072

Lot Details

  • 1.08 Acre Lot
  • Waterfront
  • West Facing Home
  • Site Plan Filed

Additional Features

  • Ocean Views
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 12434621000010240

Community Details

Overview

  • No Home Owners Association
  • Delray Beach Estate Section Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$200,072

Lot Details

1.08 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • DelayedMarketingYN: No
  • Special Features: None

Exterior Features

  • View: Ocean
  • Lot Features: 1-2 Acres
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Utilities: None, Other

Condo/Co-op/Association

  • Amenities: Beach Access
  • Association: No

Lot Info

  • Parcel #: 12434621000010240
  • Current Use: Single Family, Unimproved
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.08
  • Lot Size Sq Ft: 47180.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 200072.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2025
Closed on
Jul 30, 2025
Sold by
941 S Ocean Blvd Llc and 941 South Ocean Blvd Llc
Bought by
941 Delray Ocean Llc
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$22,000,000
Sold Price
$22,000,000
Current Estimated Value
$11,248,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,751,716
Avg. Annual Appreciation
-64.94%
Original Mortgage
$14,300,000
Outstanding Balance
$14,225,948
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,977,664

Purchase Details

Closed on
Mar 18, 2025
Sold by
Rothbaum Wayne
Bought by
941 S Ocean Blvd Llc

Purchase Details

Closed on
Mar 28, 2013
Sold by
Sealaska Range Ltd Company Llc
Bought by
Rothbaum Wayne

Purchase Details

Closed on
May 3, 2002
Sold by
Scott A Elk Pa
Bought by
Sealaska Range Ltd Company Llc

Purchase Details

Closed on
Mar 17, 1995
Sold by
Ocean Breeze Ltd
Bought by
Rosenberg William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
8.89%
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 Type Sale Price Title Company
Warranty Deed $22,000,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $8,250,000 Attorney
Deed -- --
Warranty Deed $3,150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,300,000 Credit Line Revolving
Previous Owner $1,100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2025 07/30/25 Sold $22,000,000 0.0% --
07/29/2025 07/29/25 For Sale $22,000,000 -- --
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 $200,072 $10,146,213 -- --
2024 $200,072 $9,223,830 -- --
2023 $177,014 $8,385,300 $0 $0
2022 $159,408 $7,623,000 $0 $0
2021 $142,740 $7,350,000 $7,350,000 $0
2020 $128,272 $6,300,000 $6,300,000 $0
2019 $129,698 $6,300,000 $6,300,000 $0
2018 $131,447 $7,027,020 $7,027,020 $0
2017 $124,034 $6,692,400 $6,692,400 $0
2016 $120,435 $5,190,900 $0 $0
2015 $106,445 $4,719,000 $0 $0
2014 $95,255 $4,290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11111779

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-00-001-0240

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