$1,575,000
SOLD MAY 29, 2025
4 Beds
3.5 Baths
3,722 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$423 Per Sq Ft

10% Below List Price

39 Days on Market

Highlights

  • Private Pool
  • 2.5 Car Garage
  • North Facing Home

About This Home

As of May 2025

Modern Masterpiece in Palm Trail - A Rare Development Opportunity (Offering just lot and plans) Set in the heart of the highly coveted Palm Trail neighborhood in East Delray Beach, just four blocks north of Atlantic Avenue, this shovel-ready project offers an exceptional opportunity for investors and developers alike. Surrounded by $10M+ estates, Palm Trail is one of Delray's most prestigious streets—and this property is your chance to make an iconic mark on its landscape.
Priced at $1.75M, this offering includes working architectural plans by renowned Darius Zubrowski of DAZP Architects, Boca Raton, for a 5,432 total sq. ft. contemporary custom residence (3,722 sq. ft. under air). Thoughtfully designed with sleek, modern elegance, the home features 10-foot-tall window systems, expansive sliding glass doors, and floating staircaseinviting you into a space defined by natural light and sophisticated style.
The first floor's open concept layout seamlessly blends the living and dining areas, chef's kitchen, and club room, all offering stunning views of the resort-style pool and lush tropical landscaping through walls of glass. An elevator leads to the second floor, where the gracious primary suite awaits, complete with dual walk-in closets and a spa-like ensuite bath. Two additional ensuite bedrooms, a gym/4th bedroom, and a convenient upstairs laundry room complete this thoughtfully designed level.
For those eager to dive into Delray Beach's booming luxury development scene, this project is an unmatched opportunity. Whether you're an investor looking for your next high-end build or a visionary ready to create a custom dream home, Palm Trail offers the perfect canvas. The information published and provided including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations are subject to errors, omissions or changes without notice. All such information should be independently verified. All parties should perform their own due diligence to verify all information.

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 03/06/2025

The Corcoran Group

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 03/06/2025

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,118

Year Built

  • Built in 2026

Lot Details

  • 6,750 Sq Ft Lot
  • North Facing Home

Parking

  • 2.5 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,722 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Private Pool

Community Details

  • Las Palmas Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609310000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,118

Year Built

Built in 2026

Lot Details

6,750 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave to north on Federal. Turn right on 4th Street, Turn left on Palm Trail to home on the right.
  • Year Built: 2026
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: None
  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 3722.0
  • Stories: 2

Exterior Features

  • Lot Features: 1-2 Acres, < 1/4 Acre
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.5
  • Garage Spaces: 2.5
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Other Equipment: None
  • Cooling: Other
  • Heating: Other
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Street Lights
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 12434609310000300
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 21117.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2025
Closed on
May 29, 2025
Sold by
Fisch Laurence and Rispo Joseph
Bought by
Mehanovic Edin and Mehanovic Elizabeth
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%
Views
41
Current Estimated Value
$1,624,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,892
Avg. Annual Appreciation
3.98%

Purchase Details

Listed on
Jan 19, 2024
Closed on
Aug 15, 2024
Sold by
Nix Paul S and Nix Barbara J
Bought by
Fisch Laurence and Rispo Joseph
Seller's Agent
Evan Musa
MJ Newell Realty LLC
Buyer's Agent
Evan Musa
MJ Newell Realty LLC
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.08%

Purchase Details

Listed on
Nov 22, 2023
Closed on
Nov 20, 2023
Sold by
Cameron Karen Sharmilla
Bought by
Nix Paul S and Nix Barbara J
Seller's Agent
Evan Musa
MJ Newell Realty LLC
Buyer's Agent
Evan Musa
MJ Newell Realty LLC
List Price
$1,300,000
Sold Price
$1,100,000
Premium/Discount to List
-$200,000
-15.38%
Views
117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.15%

Purchase Details

Closed on
Feb 29, 2008
Sold by
Rosmarin Irwin
Bought by
Cameron Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1999
Sold by
Schwartz Martin J and Schwartz Penny A
Bought by
Rosmarin Irwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Capriati Jennifer
Bought by
Schwartz Martin J and Schwartz Penny A

Purchase Details

Closed on
May 6, 1997
Sold by
Davis John M and Davis Deborah M
Bought by
Capriati Jennifer

Purchase Details

Closed on
Jun 15, 1993
Sold by
Oleary Arthur D
Bought by
Davis John M and Davis Deborah M Cohen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.42%
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 Type Sale Price Title Company
Warranty Deed $1,575,000 None Listed On Document
Warranty Deed $1,400,000 None Listed On Document
Warranty Deed $1,400,000 None Listed On Document
Warranty Deed $1,100,000 None Listed On Document
Warranty Deed $465,000 Princeton Title & Escrow Llc
Warranty Deed $339,000 --
Warranty Deed $312,500 --
Warranty Deed $266,000 --
Warranty Deed $183,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 New Conventional
Previous Owner $241,000 New Conventional
Previous Owner $237,300 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2025 05/29/25 Sold $1,575,000 -10.0% $423 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $1,750,000 +7.7% $470 / Sq Ft
04/13/2025 04/13/25 Price Changed $1,625,000 -7.1% $437 / Sq Ft
03/06/2025 03/06/25 For Sale $1,750,000 +25.0% $470 / Sq Ft
08/15/2024 08/15/24 Sold $1,400,000 -3.4% $984 / Sq Ft View Prior Sale
03/16/2024 03/16/24 Price Changed $1,450,000 -3.3% $1,019 / Sq Ft
11/28/2023 11/28/23 For Sale $1,500,000 -- $1,054 / 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 $21,118 $1,110,213 -- --
2024 $21,118 $1,144,976 -- --
2023 $7,139 $404,700 $0 $0
2022 $7,087 $392,913 $0 $0
2021 $7,099 $381,469 $0 $0
2020 $7,050 $376,202 $0 $0
2019 $6,955 $367,744 $0 $0
2018 $6,663 $360,887 $0 $0
2017 $6,639 $353,464 $0 $0
2016 $6,672 $346,194 $0 $0
2015 $6,848 $343,787 $0 $0
2014 $6,891 $341,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11068784

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-09-31-000-0300

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