NOT LISTED FOR SALE

Estimated Value: $2,783,000 - $9,254,643

4 Beds
5.5 Baths
3,841 Sq Ft
2021 Built

Last Sold November 14, 2024

Last sale price $10,796,000 $2,811 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $46,138/month

13 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Furnished
  • Boca Raton Community Middle School Rated A-
  • Fitness Center
  • Community Pool

About This Home

As of November 2024

Welcome to the best Oceanfront Penthouse in East Delray, nestled on more than 200 feet of private shoreline. Offered furnished and never before available to purchase, this center-top modern masterpiece offers 3 beautifully styled bedrooms, with an optional 4th bedroom/den, and a total of 5.1 bathrooms, spanning 3,841 interior square feet and a spectacular 732 square foot veranda with panoramic views of the Atlantic Ocean. This wonderful gem boasts 10 foot high ceilings with floor-to-ceiling glass windows and private elevator access. Other amenities include a 24-hour concierge, an oversized, air-conditioned 2-car garage and a Fitness Experience Room. Ocean Delray's private beachfront provides the opportunity to unwind oceanside. When not on the sand, residents have

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 09/17/2024

The Corcoran Group

Co-Listed By

Mickel Averick

The Corcoran Group License #3544883

Last Buyer's Agent

Todd Lipsich

Luxury Partners Realty License #613860

Luxury Partners Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $128,704

Year Built

  • Built in 2021

Lot Details

  • West Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 3,841 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Ocean Views

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628a40000190

Community Details

Overview

  • Association fees include common areas
  • Ocean Delray Condo Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$128,704

Year Built

Built in 2021

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A!A just south of Linton Blvd on East side of Road, parking in front of building
  • Year Built: 2021
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Elevator, Kitchen Island, Tub Shower, Bar
  • Main Level Bedrooms: 4
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Oven, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3841.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Shoreline - Sand
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Lobby Secured
  • Cooling: Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 8097.66
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Elevator(s), Fitness Center, Pool
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 12434628a40000190
  • Mobile Dim Units: Feet
  • Zoning: RM—RM-MULTIPLE

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 128704.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 14, 2024
Sold by
Gare Marc S and Gare Amy
Bought by
1901 Ocean Residence Trust and Silverman
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Todd Lipsich
Luxury Partners Realty
List Price
$11,995,000
Sold Price
$10,796,000
Premium/Discount to List
-$1,199,000
-10%
Views
5
Current Estimated Value
$6,794,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,001,119
Avg. Annual Appreciation
-29.22%

Purchase Details

Closed on
Sep 30, 2021
Sold by
Wright By The Sea 1901 Llc
Bought by
Gare Marc S and Gare Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,535,460
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1901 Ocean Residence Trust $10,796,000 Independence Title
Gare Marc S $7,559,100 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gare Marc S $4,535,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $10,796,000 -10.0% $2,811 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $11,995,000 0.0% $3,123 / Sq Ft
01/09/2023 01/09/23 Under Contract -- -- --
01/06/2023 01/06/23 Rented $63,000 -6.3% --
10/19/2022 10/19/22 Price Changed $67,250 -10.3% $18 / Sq Ft
09/22/2022 09/22/22 For Rent $75,000 -- --
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 $129,409 $8,200,000 -- --
2024 $129,409 $7,100,000 -- --
2023 $128,704 $6,800,000 $0 $6,800,000
2022 -- $6,767,000 -- --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11021711

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-28-A4-000-0190

Your Personal Tour Guide

Ask me questions while you tour the home.