NOT LISTED FOR SALE

951 Iris Dr Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $4,335,000 - $5,543,000

6 Beds
5.5 Baths
5,293 Sq Ft
$895/Sq Ft Est. Value

Last Sold March 12, 2025

Last sale price $4,400,000 $831 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $28,458/month

39 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Intracoastal View
  • Sauna
  • Boca Raton Community Middle School Rated A-
  • Pool is Self Cleaning
  • Canal Access

About This Home

As of March 2025

Luxurious Waterfront Estate in Tropic Isle - Minutes from Downtown Delray BeachLocated in the exclusive Tropic Isle community, just minutes from the vibrant downtown Delray Beach and its renowned beaches, this custom 5-bedroom (with optional 6th), 5.5-bath estate embodies the pinnacle of luxury waterfront living. Set on a deep-water canal just three lots off the Intracoastal, the home welcomes you with soaring double-height ceilings and sweeping water views, creating an immediate sense of tranquility and grandeur.The gourmet chef's kitchen is a true showstopper, featuring an oversized island, top-tier Thermador and Sub-Zero appliances, a walk-in pantry, and a wet bar--ideal for both intimate gatherings and grand entertaining.

Last Agent to Sell the Property

Mark Balsom

Douglas Elliman License #3416700 Listed on: 02/01/2025

Douglas Elliman

Last Buyer's Agent

Denise Silk

RE/MAX Select Group License #3340299

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,872

Year Built

  • Built in 2010

Lot Details

  • 9,148 Sq Ft Lot
  • 90 Feet of Waterfront
  • Sprinkler System
  • Property is zoned R-1-AA

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Canal

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 5,293 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Pool is Self Cleaning
  • Canal Access
  • Seawall
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Tropic Isle 3Rd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628030003780

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,872

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Exit I95 at Linton Boulevard. Head East to Federal Highway. Turn right onto Federal Highway. Left onto Lamat Ave. RIght onto FLorida Blvd. Left onto Iris Drive.
  • Year Built: 2010
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bidet, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, Fireplace, Garden Tub/Roman Tub, Jetted Tub, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Main Level Bedrooms: 1
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Water Purifier, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 5293.0
  • Dining Room Type: Den, Family Room, Sauna, Storage Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal, Intercoastal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Cleaning System, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

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, Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434628030003780
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 42872.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Mar 6, 2025
Sold by
Mattone Randi and Peter Schorr Revocable Trust
Bought by
Weiss Marcella
Seller's Agent
Mark Balsom
Douglas Elliman
Buyer's Agent
Denise Silk
RE/MAX Select Group
List Price
$4,500,000
Sold Price
$4,400,000
Premium/Discount to List
-$100,000
-2.22%
Views
4
Current Estimated Value
$4,735,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,616
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Schorr Peter
Bought by
Schorr Peter

Purchase Details

Listed on
Apr 29, 2013
Closed on
Jul 8, 2014
Sold by
Netznik Phillip J and Wimmer Karen A
Bought by
Schorr Peter
Seller's Agent
Jodi Schulefand
Champagne & Parisi Real Estate
Buyer's Agent
Lisa Lipsky
Luxury Partners Realty
List Price
$2,495,000
Sold Price
$2,175,000
Premium/Discount to List
-$320,000
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Gold Coast Homes Inc
Bought by
Netznik Phillip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2009
Sold by
Carlo Louis E
Bought by
Gold Coast Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weiss Marcella $4,400,000 None Listed On Document
Weiss Marcella $4,400,000 None Listed On Document
Schorr Peter -- Attorney
Schorr Peter $2,175,000 New Urban Title & Escrow Inc
Netznik Phillip J $2,300,000 New Urban Title & Escrow Inc
Gold Coast Homes Inc $520,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Netznik Phillip J $1,840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2025 03/12/25 Sold $4,400,000 -2.2% $831 / Sq Ft
02/01/2025 02/01/25 For Sale $4,500,000 +106.9% $850 / Sq Ft
07/10/2014 07/10/14 Sold $2,175,000 -12.8% $411 / Sq Ft View Prior Sale
06/10/2014 06/10/14 Pending -- -- --
04/29/2013 04/29/13 For Sale $2,495,000 -- $471 / Sq Ft
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 $42,872 $3,622,180 -- --
2024 $42,872 $2,374,471 -- --
2023 $43,191 $2,305,312 $0 $0
2022 $43,011 $2,238,167 $0 $0
2021 $43,232 $2,172,978 $0 $0
2020 $42,999 $2,142,976 $0 $0
2019 $42,487 $2,094,796 $0 $0
2018 $40,787 $2,055,737 $0 $0
2017 $40,741 $2,013,454 $0 $0
2016 $41,043 $1,972,041 $0 $0
2015 $42,164 $1,958,333 $0 $0
2014 $44,189 $1,961,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Balsom

    Seller's Agent in 2025

    Mark Balsom

    Douglas Elliman

    (561) 278-5570

    2 in this area

    35 Total Sales

    Mark Balsom
    Section Image
  • Denise Silk

    Buyer's Agent in 2025

    Denise Silk

    RE/MAX

    (561) 400-3272

    1 in this area

    40 Total Sales

    Denise Silk
    Section Image

  • J

    Seller's Agent in 2014

    Jodi Schulefand

    Champagne & Parisi Real Estate

    (561) 901-3373

    1 Total Sale

    Jodi Schulefand
    Section Image
  • Lisa Lipsky

    Seller Co-Listing Agent in 2014

    Lisa Lipsky

    Luxury Partners Realty

    (561) 706-3139

    14 Total Sales

    Lisa Lipsky
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11058038

BeachesMLS

APN: 12-43-46-28-03-000-3780

Florida Palm Beach County Delray Beach 33483 Tropic Isle

951 Iris Dr, Delray Beach, FL

Not Listed for Sale

Detached

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