NOT LISTED FOR SALE

968 Banyan Dr Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $2,831,848 - $3,823,000

4 Beds
4.5 Baths
4,000 Sq Ft
$834/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $2,875,000 $719 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $20,967/month

61 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Property has ocean access
  • Canal View
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Vaulted Ceiling

About This Home

As of May 2024

HUGE PRICE REDUCTION $200,000!!BEST PRICED WATERFRONT HOME ON THE MARKET W/ SOUTHERN EXPOSURE! LOCATED IN ONE OF DELRAY BEACHES PRESTIGIOUS WATERFRONT COMMUNITY TROPIC ISLE. THIS 4 BR 4.5 BA HOME IS ONE LOT FROM THE INTRACOASTAL WITH 90FT OF SEAWALL A BOATER'S DREAM HOME, RESORT STYLE PATIO W/ OVERSIZE POOL/JACUZZI, BOAT LIFT, OUTDOOR CABANA BATH, ONLY 2 MILE TO ATLANTIC AVE, SHOPPING, RESTAURANTS, ART GALLERIES & THE BEACH. INTERIOR HIGHLIGHTS INCLUDE 20 ' CEILINGS WITH BEAUTIFUL FIREPLACE, GORGEOUS KITCHEN, WINE FRIDGE, FORMAL DINING ROOM & LIVING ROOM, ELEVATOR AND MORE!!! HAS A GENERATOR, IMPACT WINDOWS AND A LARGE CIRCULAR DRIVEWAY, SELLER WANTS IT SOLD SO DON'T MISS OUT ON THIS OPPORTUNITY IT WILL NOT LAST!!!

Last Agent to Sell the Property

Frank Gentile

Compass Florida LLC License #519255 Listed on: 02/01/2024

Compass Florida LLC

Last Buyer's Agent

Shavendra Roopchand

Compass Florida, LLC License #3461723

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,213

Year Built

  • Built in 1997

Lot Details

  • 8,956 Sq Ft Lot
  • 90 Feet of Waterfront
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Canal Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Pool

  • Private Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Tropic Isle 2Nd Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628020001850

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,213

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FEDERAL HIGHWAY SOUTH OF LINTON BLVD MAKE RIGHT AT THE FIRST TRAFFIC LIGHT THEN A RIGHT AT STOP SIGN TO BANYAN DRIVE MAKE A LEFT HOUSE AT THE END OF THE STREET ON THE RIGHT SIDE.
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Elevator, Fireplace, Living/Dining Room, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Attic
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 4000.0
  • Dining Room Type: Attic, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity 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 #: 12434628020001850
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8956.0
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 30213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 3, 2024
Sold by
Ellenberg Marc
Bought by
Roopchand Hemraj and Roopchand Sookranie
Seller's Agent
Frank Gentile
Compass Florida LLC
Buyer's Agent
Shavendra Roopchand
Compass Florida, LLC
List Price
$3,395,000
Sold Price
$2,875,000
Premium/Discount to List
-$520,000
-15.32%
Views
98
Current Estimated Value
$3,337,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,712
Avg. Annual Appreciation
10.69%
Original Mortgage
$675,000
Outstanding Balance
$665,427
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$2,672,285

Purchase Details

Listed on
Nov 30, 2020
Closed on
Jan 8, 2021
Sold by
Anita S Family Partnership
Bought by
Ellenberg Marc
Seller's Agent
Chad Carroll
Compass Florida, LLC
Buyer's Agent
Lorna Clause
London Foster Realty
List Price
$2,175,000
Sold Price
$2,120,000
Premium/Discount to List
-$55,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$548,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 9, 2019
Sold by
Sabatino Anita
Bought by
Anitas Family Partnership
Seller's Agent
Cameron Sydenham
The Corcoran Group
Buyer's Agent
Karen Ferguson
United Realty Group, Inc
Sold Price
$8,500

Purchase Details

Closed on
Dec 12, 2017
Sold by
Anita Family Partnerhip Llc
Bought by
Sabatino Anita

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jan 30, 2015
Sold by
Fischer Mark
Bought by
Anitas Family Partnership Llc
Seller's Agent
Jessica Rosato
Inactive Member
Buyer's Agent
Karen J. Anderson
Compass Florida LLC
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Dec 2, 2009
Sold by
Fischer Mark
Bought by
Fischer Mark and Fischer Mark S

Purchase Details

Closed on
Dec 21, 2007
Sold by
Schrader Scott K
Bought by
Fischer Mark

Purchase Details

Closed on
Mar 1, 2006
Sold by
Polli Carl M and Polli Sheila J
Bought by
Schrader Scott K

Purchase Details

Closed on
Aug 14, 1997
Sold by
A & V Dev Corp
Bought by
Polli Carl M and Polli Sheil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 1995
Sold by
Kuenzel Lotte E
Bought by
A & V Dev Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.22%
Source: Public Records

Range of Values:

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Average Value
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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
Roopchand Hemraj $2,875,000 None Listed On Document
Ellenberg Marc $2,120,000 Attorney
Anitas Family Partnership -- Attorney
Sabatino Anita -- Attorney
Anitas Family Partnership Llc $1,500,000 Attorney
Fischer Mark -- Attorney
Fischer Mark $1,600,000 Corporate Title Inc
Schrader Scott K $1,750,000 Blade Title Company
Polli Carl M $725,000 --
A & V Dev Corp $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roopchand Hemraj $675,000
Previous Owner Ellenberg Marc $548,000
Previous Owner Polli Carl M $580,000
Previous Owner A & V Dev Corp $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $2,875,000 -10.0% $719 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $3,195,000 -5.9% $799 / Sq Ft
02/01/2024 02/01/24 For Sale $3,395,000 +60.1% $849 / Sq Ft
01/08/2021 01/08/21 Sold $2,120,000 -2.5% $530 / Sq Ft View Prior Sale
12/17/2020 12/17/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $2,175,000 0.0% $544 / Sq Ft
06/17/2019 06/17/19 For Rent $8,500 0.0% --
06/17/2019 06/17/19 Rented $8,500 0.0% --
01/30/2015 01/30/15 Sold $1,500,000 -16.7% $375 / Sq Ft View Prior Sale
12/31/2014 12/31/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $1,800,000 0.0% $450 / Sq Ft
11/01/2012 11/01/12 Rented $8,334 -7.4% --
10/02/2012 10/02/12 Under Contract -- -- --
09/18/2012 09/18/12 For Rent $9,000 -- --
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
2024 $41,967 $2,286,488 -- --
2023 $30,213 $1,621,637 $0 $0
2022 $30,089 $1,574,405 $0 $0
2021 $30,234 $1,528,549 $900,000 $628,549
2020 $30,345 $1,479,715 $900,000 $579,715
2019 $30,603 $1,475,876 $900,000 $575,876
2018 $29,568 $1,498,532 $947,556 $550,976
2017 $29,005 $1,400,415 $877,367 $523,048
2016 $29,466 $1,382,766 $0 $0
2015 $22,525 $1,060,484 $0 $0
2014 $22,679 $1,052,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Gentile

    Seller's Agent in 2024

    Frank Gentile

    Compass Florida LLC

    (561) 441-6722

    3 in this area

    35 Total Sales

    Frank Gentile
    Section Image

  • S

    Buyer's Agent in 2024

    Shavendra Roopchand

    Compass Florida, LLC

    (954) 653-5000

    1 in this area

    27 Total Sales

    Shavendra Roopchand
    Section Image

  • C

    Seller's Agent in 2021

    Chad Carroll

    Compass Florida, LLC

    (614) 668-1478

    1 in this area

    224 Total Sales

    Chad Carroll
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Andres Garcia Voelkl

    Serhant

    (305) 677-5000

    1 in this area

    50 Total Sales

    Andres Garcia Voelkl
    Section Image
  • Lorna Clause

    Buyer's Agent in 2021

    Lorna Clause

    London Foster Realty

    (786) 991-3482

    1 in this area

    1 Total Sale

    Lorna Clause
    Section Image
  • Cameron Sydenham

    Seller's Agent in 2019

    Cameron Sydenham

    The Corcoran Group

    (561) 777-6667

    7 in this area

    89 Total Sales

    Cameron Sydenham
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10955636

BeachesMLS

APN: 12-43-46-28-02-000-1850

Florida Palm Beach County Delray Beach 33483 Tropic Isle

968 Banyan Dr, Delray Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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