NOT LISTED FOR SALE

Estimated Value: $3,320,000 - $5,407,000

4 Beds
4.5 Baths
4,140 Sq Ft
$1,047/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,450,000 $350 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $27,926/month

Highlights

  • Intracoastal View
  • Private Pool
  • Wood Flooring
  • Boca Raton Community Middle School Rated A-
  • Waterfront
  • High Ceiling

About This Home

As of December 2023

For lease seasonally or annually in vibrant Delray Beach, this new contemporary masterpiece leaves nothing to be desired. The well-conceived floorplan, with four bedrooms, four-and-a-half bathrooms, and 5,212 +/- total square feet, accommodates Intracoastal and canal views from almost every room. Overall features include wood and large-format ceramic-tile flooring, custom cabinetry, dedorator ceiling details, and handsome modern paneling. Introduced by the two-story foyer with a dramatic floating stairway, the elegant living room features a wall of glass sliding doors that open to the poolside waterview dining loggia. In an open layout, the chef's kitchen and dining room are fronted by glass sliding doors that also access the loggia and pool patio. The kitchen is fitted with an island/breakfast bar, contemporary cabinetry, and high-end appliances. Sliding doors from the first-floor primary bedroom suite access the putting green, and the suite includes a huge custom-fitted closet and a spa-inspired marble bathroom. Upstairs, the gallery with a breakfast bar serves the VIP suite, two guest bedroom suites and a fully equipped gym, all with balconies. Completing the floor plan are a powder room, office, first- and second-floor laundry rooms, and an attached two-car air-conditioned garage, with driveway parking that can accommodate three cars. LOCATION
927 Allamanda Drive, Delray Beach, Florida. Tropic Isle, a desirable yachting community fronting the Intracoastal Waterway with a yacht harbor and deep-draft canals, is located just minutes from the ocean beach at Atlantic Dunes Park and famous Atlantic Avenue in vibrant downtown Delray Beach, known for its shopping, dining, and entertainment venues. PROPERTY
Enjoy canal and the Intracoastal Waterway panoramas from the dining loggia, just adjacent to the pool and spa. A putting green and a fully equipped outdoor kitchen invite outdoor entertaining, and with 147 feet of deepwater frontage, boaters will appreciate the dock and the 25,000-pound boat lift. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial compensation will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial compensation will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 by the listing company. All Rights Reserved.

Last Agent to Rent the Property

Evan Musa

MJ Newell Realty LLC License #3455778 Listed on: 10/31/2023

Last Renter's Agent

Maggie Armbrust

EXP Realty LLC License #3216155

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • Waterfront
  • North Facing Home

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Driveway

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Central Vacuum
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Intracoastal Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $49,500
  • Property Available on 10/31/23
  • Assessor Parcel Number 12434628020001550

Community Details

Overview

  • Tropic Isle 2Nd Sec Subdivision

Recreation

  • Putting Green

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water
  • Available Date: 2023-10-31
  • Security Deposit: 49500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2023
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Closet Cabinetry, Central Vacuum, Dual Sinks, Entrance Foyer, High Ceilings, Custom Mirrors, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Freezer, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Flooring: Tile, Wood
  • Living Area: 4140.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • View: Intercoastal
  • Lot Features: < 1/4 Acre
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Screened, Balcony

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Fire Alarm
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Putting Green(s)

Lot Info

  • Parcel #: 12434628020001550
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2020
Closed on
Apr 30, 2021
Sold by
Obrien Robert E
Bought by
Cambridge Street Realty Llc
Seller's Agent
Patricia Prosje
A-1 Florida Real Estate
Buyer's Agent
Patricia Prosje
A-1 Florida Real Estate
List Price
$1,695,000
Sold Price
$1,450,000
Premium/Discount to List
-$245,000
-14.45%
Current Estimated Value
$4,335,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,885,740
Avg. Annual Appreciation
25.16%

Purchase Details

Closed on
Mar 31, 1997
Sold by
Munshower Robert P and Munshower Rebecca R
Bought by
Obrien Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cambridge Street Realty Llc $1,450,000 Attorney
Obrien Robert E $361,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien Robert E $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2023 12/07/23 Rented $40,500 -18.2% --
10/31/2023 10/31/23 For Rent $49,500 0.0% --
04/30/2021 04/30/21 Sold $1,450,000 -14.5% $503 / Sq Ft View Prior Sale
03/31/2021 03/31/21 Pending -- -- --
12/05/2020 12/05/20 For Sale $1,695,000 -- $588 / Sq Ft
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 $64,386 $3,781,784 -- --
2024 $64,386 $3,454,231 -- --
2023 $33,359 $1,626,405 $0 $0
2022 $28,849 $1,478,550 $0 $0
2021 $10,870 $568,447 $0 $0
2020 $10,802 $560,599 $0 $0
2019 $10,542 $547,995 $0 $0
2018 $10,224 $537,777 $0 $0
2017 $10,198 $526,716 $0 $0
2016 $10,260 $515,882 $0 $0
2015 $10,534 $512,296 $0 $0
2014 $10,603 $508,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10932172

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-02-000-1550

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