NOT LISTED FOR SALE

Estimated Value: $5,403,439

5 Beds
5.5 Baths
6,083 Sq Ft
$888/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2024

Last sale price $5,175,000 $851 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $35,562 / mo

223 Days on Market

Highlights

  • Property has ocean access
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms
  • Pool
  • Waterfront
  • Vaulted Ceiling

About This Home

As of July 2024

This exquisitely renovated home, boasting a seven-figure investment from interior to exterior, features a brand new cement tile roof installed in May 2024. Come sit by the pool and watch the boats pass by, as this home is just one lot off the Intracoastal waterway. Nestled on 100' of waterfront within the prestigious Tropic Isle community, 955 Iris Drive features over 7,700 sqft of living in Delray Beach and offers an unparalleled living experience. This meticulously renovated residence effortlessly harmonizes classical grace with contemporary refinement, showcasing impeccable craftsmanship and taste. In Delray Beach, this 5-bedroom, 5.1-bathroom home with 7,727 square feet is indeed a rare find. Upon entering the formal foyer, guests are welcomed into a spacious great room with soaring ceilings and expansive windows that flood the interior with natural light. A floor-to-ceiling stone fireplace adds a touch of warmth and grandeur to the space. A new epicurean kitchen, suited to the best of chefs, offers top-of-the-line cabinets, two large islands, quartz countertops, a butler pantry with access to a large dining room, Viking appliances, and a six-burner gas stove top. Adjacent to the kitchen is a spacious and inviting gathering room with a custom built in entertainment center, and a breakfast area with picturesque water views that seamlessly connect to the pool/patio area, spa, and outdoor summer kitchen creating an oasis of relaxation. The first floor also accommodates a private office, a fitness space, and an elegantly designed guest suite with direct access to the pool area, offering stunning water vistas. The second floor features four bedrooms including three guest suites and a loft area. The grand owner's suite includes a spacious sitting room, his/her spa-like bathrooms, two walk-in closets, a separate shower, and a tub bringing a sense of Zen within its doors. Complementing the owner's suite is a beautiful balcony with breathtaking views of the direct Intracoastal and inviting gentle coastal breezes. Additional features of this exceptional home include a 3-car garage, an elevator, two laundry rooms, marble and wood floors, and a dock with a 20,000-pound boat lift, electrical panel, and shore power outlets. A home to be proud of located only moments to a cornucopia of fine restaurants, boutiques, and lively entertainment along famed Atlantic Avenue and minutes to Boca Raton. For homebuyers eager to begin living "the good life" on the water, this is a coveted and rare offering. For discerning homebuyers seeking the epitome of the good life, this offering is truly one-of-a-kind and not to be missed.

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

The Corcoran Group

Last Buyer's Agent

Ingrid Sedan

Silver Sky Realty, LLC License #3251616

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,844

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 100x100
  • Waterfront
  • South Facing Home
  • Property is zoned R-1-AA

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,083 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Partially Furnished
  • Bar
  • Vaulted Ceiling
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Den
  • Loft
  • Utility Room

Kitchen

  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • Fire and Smoke Detector

Pool

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access

Listing and Financial Details

  • Assessor Parcel Number 12434628030003790

Community Details

Overview

  • No Home Owners Association
  • Tropic Isle 3Rd Sec Subdivision

Recreation

  • Community Pool

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,844

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: FLL607002
  • Co List Office Phone: 561-278-0433
  • Directions: Federal Hwy, East on Ave. L to Spanish Trail, East on Iris Dr.
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Lot Size: 100x100
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Subdivision Name: TROPIC ISLE 3RD SEC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 5175000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Bar, Elevator, Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Loft, Other, Utility Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Marble, Wood
  • Furnished: Partially
  • Living Area: 6083
  • Other Equipment: Automatic Garage Door Opener, Elevator, Natural Gas
  • Stories: 2
  • Window Features: Complete Impact Glass
  • Bedroom Features: Primary Bath Shower, Sitting Area - Primary Bedroom, Primary Bath Tub
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Loft, Other, Pantry, Utility Room
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Shower Only, Tub Only

Exterior Features

  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Livable
  • Pool Private: Yes
  • View: No
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector
  • Utilities: Cable Connected, Sewer Connected, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Elevator(s), None, Private Pool
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 12434628030003790
  • Zoning: R-1-AA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 50844

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
Oct 30, 2023
Closed on
Jul 9, 2024
Sold by
Bought by
Buyer's Agent
Ingrid Sedan
Silver Sky Realty, LLC
List Price
$7,500,000
Sold Price
$5,175,000
Premium/Discount to List
-$2,325,000
-31%
Current Estimated Value
$5,403,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,439
Avg. Annual Appreciation
2.08%

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jan 10, 2020
Sold by
Bought by
Seller's Agent
Pam Thomes
Compass Florida LLC
Buyer's Agent
Toni Valentino
Compass Florida LLC
List Price
$2,795,000
Sold Price
$2,415,000
Premium/Discount to List
-$380,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.46%
Original Mortgage
$2,000,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 26, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
4.25%

Purchase Details

Closed on
Jul 11, 1996
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 Tropic Isle, 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
$5,175,000 None Listed On Document
$2,415,000 Attorney
-- Attorney
$2,425,000 --
$775,000 --
-- --
$280,000 --
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 $1,960,000
Previous Owner $2,000,000
Previous Owner $900,000
Previous Owner $1,561,500
Previous Owner $480,000
Previous Owner $1,500,000
Previous Owner $760,000
Previous Owner $487,000
Previous Owner $100,000
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
07/09/2024 07/09/24 Sold $5,175,000 -31.0% $851 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
10/30/2023 10/30/23 For Sale $7,500,000 +210.6% $1,233 / Sq Ft
01/10/2020 01/10/20 Sold $2,415,000 -13.6% $397 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $2,795,000 -- $459 / Sq Ft
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 $69,668 $3,910,899
2024 $69,668 $3,805,513
2023 $51,204 $2,729,285 $0 $0
2022 $51,025 $2,649,791 $0 $0
2021 $51,292 $2,572,613 $1,000,000 $1,572,613
2020 $49,448 $2,418,547 $1,000,000 $1,418,547
2019 $49,840 $2,410,860 $1,000,000 $1,410,860
2018 $46,991 $2,322,050 $985,458 $1,336,592
2017 $45,526 $2,204,655 $912,462 $1,292,193
2016 $46,319 $2,179,992 $0 $0
2015 $45,333 $2,061,787 $0 $0
2014 $43,384 $1,907,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10931771

MIAMI REALTORS® MLS

APN: 12-43-46-28-03-000-3790

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