$22,000,000
SOLD JUL 29, 2025

941 S Ocean Blvd Delray Beach, FL 33483

Beachside Delray Beach Neighborhood
1.08 Acres
$20,311,992 Price per Acre
47,180 Sq Ft Lot

Recently Sold

0 Day on Market

Highlights

  • Beach Front
  • Ocean View
  • 47,180 Sq Ft 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: 07/29/2025

Douglas Elliman

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 07/29/2025

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200,072

Lot Details

  • 1.08 Acre Lot
  • Beach Front
  • Site Plan Filed
  • Property is zoned R-1-AA

Property Views

  • Ocean Views

Community Details

  • Delray Beach Estate Secti Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621000010240

Property Details

Property Type

Land

Est. Annual Taxes

$200,072

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Exterior Features

  • View: Ocean
  • Lot Features: Beach Front
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Lot Info

  • Parcel #: 12434621000010240
  • Development Status: Site Plan Filed
  • Lot Size: 1 to < 2 Acres,East of U
  • Lot Size Sq Ft: 47180.0
  • Zoning Description: 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 29, 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
$10,502,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,497,988
Avg. Annual Appreciation
-82.09%
Original Mortgage
$14,300,000
Outstanding Balance
$14,287,832
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$3,785,820

Purchase Details

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

Purchase Details

Listed on
Mar 12, 2013
Closed on
Mar 28, 2013
Sold by
Sealaska Range Ltd Company Llc
Bought by
Rothbaum Wayne
Seller's Agent
Randolph Ely
Douglas Elliman
Buyer's Agent
Randolph Ely
Douglas Elliman
List Price
$8,850,000
Sold Price
$8,250,000
Premium/Discount to List
-$600,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.91%

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 Prior Sale
07/29/2025 07/29/25 Sold $22,000,000 0.0% --
07/29/2025 07/29/25 For Sale $22,000,000 +166.7% --
03/28/2013 03/28/13 Sold $8,250,000 -6.8% -- View Prior Sale
03/12/2013 03/12/13 For Sale $8,850,000 -- --
Source: BeachesMLS

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 $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

  • N

    Seller's Agent in 2025

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    49 in this area

    135 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • R

    Seller's Agent in 2013

    Randolph Ely

    Douglas Elliman

    (561) 271-2762

    1 in this area

    8 Total Sales

    Randolph Ely
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11111779

BeachesMLS

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

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

941 S Ocean Blvd, Delray Beach, FL

Sold

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