NOT LISTED FOR SALE

Estimated Value: $5,520,000 - $25,987,874

1.2 Acres
$10,537,188 Price per Acre
52,272 Sq Ft Lot

Sale Details

Date Sold: March 26, 2026

Last sale price $26,000,000

Current estimated payment $86,172 / mo

Highlights

  • Waterfront
  • 1.2 Acre Lot
  • No HOA

About This Lot

As of March 2026

941 South Ocean Boulevard is one of the most extraordinary oceanfront land offerings in all of South Florida. Situated in the heart of Delray Beach's prestigious Estate Section, this remarkable parcel features 110 feet of direct ocean frontage and an impressive 700+ feet of depth from the road to the ocean, creating a scale and presence that is exceptionally rare. Set high on the dune, the property offers superior elevation, breathtaking vantage points, and the kind of setting that is becoming increasingly difficult to find along this coveted stretch of coastline. With its depth, privacy, and commanding position, this is a truly unique opportunity to create a world-class oceanfront estate in one of the most desirable enclaves in Palm Beach County.

Co-Listed By

Michael O'Connor

Douglas Elliman License #3380134

Douglas Elliman

Last Buyer's Agent

Michael O'Connor

Douglas Elliman License #3380134

Douglas Elliman
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $239,434

Lot Details

  • 1.2 Acre Lot
  • Waterfront
  • Property is zoned R-1-AA (city)

Community Details

  • No Home Owners Association
  • Delray Estate Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621000010240

Property Details

Property Type

Land

Est. Annual Taxes

$239,434

Lot Details

1.2 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Agriculture
  • Co List Office Mls Id: FLL276540760
  • Co List Office Phone: 561-278-5570
  • Horses: No
  • Lot Size Acres: 1.2
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Unimproved Agri/Recreatn/Moblhome
  • Subdivision Name: Delray Estate Section
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 26000000
  • Special Features: None

Exterior Features

  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Water Source: Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Lot Info

  • Parcel Number: 12434621000010240
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 52272
  • Zoning: R-1-AA (city)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 239434

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2026
Closed on
Mar 27, 2026
Sold by
Bought by
Buyer's Agent
Michael O'Connor
Douglas Elliman
List Price
$26,000,000
Sold Price
$26,000,000
Current Estimated Value
$12,644,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,355,375
Avg. Annual Appreciation
-86.50%

Purchase Details

Listed on
Jul 31, 2025
Closed on
Jul 30, 2025
Sold by
Bought by
Seller's Agent
Nicholas Malinosky
Douglas Elliman
Buyer's Agent
Nicholas Malinosky
Douglas Elliman
List Price
$22,000,000
Sold Price
$22,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.31%
Original Mortgage
$14,300,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 18, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2013
Sold by
Bought by

Purchase Details

Closed on
May 3, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Beachside Delray Beach, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$26,000,000 Rtc Title
$22,000,000 None Listed On Document
-- None Listed On Document
$8,250,000 Attorney
-- --
$3,150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $14,300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2026 03/26/26 Sold $26,000,000 0.0% --
03/26/2026 03/26/26 For Sale $26,000,000 +18.2% --
07/30/2025 07/30/25 Sold $22,000,000 0.0% -- View Prior Sale
07/29/2025 07/29/25 For Sale $22,000,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: B26007814

MIAMI REALTORS® MLS

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

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