$26,000,000
SOLD MAR 27, 2026
1.2 Acres
$21,666,667 Price per Acre
52,272 Sq Ft Lot

Sale Details

Date Sold: March 27, 2026

Highlights

  • Waterfront
  • No HOA
  • Paved or Partially Paved Lot
  • 1.2 Acre Lot

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.

Last Agent to Sell the Property

Nicholas Malinosky

Douglas Elliman License #3103961 Listed on: 03/27/2026

Douglas Elliman

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $239,434

Lot Details

  • 1.2 Acre Lot
  • Waterfront
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R-1-AA (city)

Utilities

  • Water Not Available

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

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

Exterior Features

  • Lot Features: 1-2 Acres
  • Road Surface Type: Paved
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 12434621000010240
  • Current Use: Residential, Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.2
  • Lot Size Sq Ft: 52272.0
  • Mobile Dim Units: Feet
  • Additional Parcels: No
  • Zoning: R-1-AA (city)

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 239434.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2026
Closed on
Mar 27, 2026
Sold by
941 Delray Ocean Llc
Bought by
941 S Ocean Blvd Land Trust and 941 Trust
Seller's Agent
Nicholas Malinosky
Douglas Elliman
Buyer's Agent
Michael O'Connor
Douglas Elliman
List Price
$26,000,000
Sold Price
$26,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.80%
Original Mortgage
$14,300,000
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving

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
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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 $26,000,000 Rtc Title
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
Previous Owner $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
03/27/2026 03/27/26 Sold $26,000,000 0.0% --
03/27/2026 03/27/26 For Sale $26,000,000 +18.2% --
03/26/2026 03/26/26 Pending -- -- --
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: 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: B26007814

BeachesMLS (Greater Fort Lauderdale)

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

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