NOT LISTED FOR SALE

Estimated Value: $5,206,000 - $6,633,000

4 Beds
4.5 Baths
4,904 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $5,300,000 $1,081 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $36,242/month

59 Days on Market

Highlights

  • Saltwater Pool
  • Wood Flooring
  • Balcony
  • Colonial Architecture
  • High Ceiling
  • Skylights

About This Home

As of November 2024

Have you ever wondered what it would be like to have a private resort in the heart of one of South Florida's most esteemed neighborhoods? At 132 NE 7th Avenue in Delray Beach's Palm Trail, tropical fantasy becomes coastal reality. Comprising 6,235 total square feet, 4,778 of which are under air, this vast 2022 construction has 4 bedrooms and 4.1 bathrooms along with a home office, media room, gym/flex area, and so much more to offer the highest level of luxury in a superb location. This organic-modern style home features a private courtyard gated entrance along with a massive 4-car garage that leads directly into a mudroom and powder room. From there, the home expands into its open kitchen and great room, which feature airy 12-foot ceilings and panoramic sliding glass doors that overlook the backyard and pool. The stunning kitchen includes organic modern custom cabinetry, Caesarstone/quartz countertops with concrete textured finish throughout, a walk-in pantry and appliance garage, island with designer pendant lighting and Sub-Zero wine refrigerator, Wolf gas cooktop and dual ovens, and a Sub-Zero bottom freezer refrigerator. The island overlooks the cavernous great room, which opens directly to the backyard. The home's dazzling outdoor spaces are enclosed by privacy walls and verdant landscaping with 12-16' trees to ensure tranquil seclusion for pool days, backyard lounging, or entertaining. Outdoor amenities include a 43' resort-style saltwater pool with sunshelf, spa, pebble finish deck jets, and fountains; covered outdoor loggia, natural gas fire pit with seating, and summer kitchen with porcelain bookmark wall feature, beverage center and natural gas grill. No matter the season or the occasion, this backyard offers everything a host could ever need to entertain for the perfect outdoor gathering. Back inside and across from the kitchen is the home's office/Bedroom 4 suite currently being used as an intimate sitting area, which includes an ensuite bathroom and walk-in closet, as well as the staircase and elevator for access to the second floor. Upstairs, the second floor is illuminated by ceiling-height windows and abundant skylights, and houses the home's main living spaces, which include the primary suite along with two additional bedroom suites, each of which includes its own walk-in closet and ensuite bathroom. The spacious primary suite begins with a private hallway lined with floor-to-ceiling glass overlooking the pool, which features a morning bar with Caesarstone countertops, designer tile, undercounter beverage center and open shelving, and leads to the bedroom and bathroom areas. The primary bedroom has ceiling-height glass sliders that open to a private balcony overlooking the pool, while the primary bathroom includes dual floating vanities, a freestanding soaking tub, separate shower with dual shower heads, private water closet, and designer tile and pendants throughout. Custom dual built-in closets and a separate linen closet round out the suite and provide ample storage. The second level also houses a dedicated media room and lounge, which includes a wet bar with undercounter beverage center, sink, and floating shelves, along with a unique and convenient flex space, which is currently separated by a glass divider to act as both a secondary home office and exercise area and has its own balcony overlooking the backyard. Tactful interior design features throughout the home include 9-inch wire-brushed white oak wood flooring throughout, dramatic bespoke floor-to-ceiling custom drapes, and designer lighting fixtures and wallpaper. Additional amenities include a massive 4-car garage, elevator, impact glass windows, doors and sliders, 3 AC zones, motorized shades downstairs, a hardwired security system with exterior cameras, and a fully-equipped AV system that includes a Samsung 85" TV, Sonos whole-home indoor and outdoor sound system, and wireless access points both indoors and outdoors. At this immaculate Palm Trail residence, the best of contemporary in-home convenience blends with the charisma of South Florida's Village by the Sea to offer the epitome of luxury coastal lifestyle. Nothing has been left to the imagination at 132 NE 7th Avenue it's all right in front of you. 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: 07/28/2024

The Corcoran Group

Last Buyer's Agent

Donna Incorvaja

Related General Realty, LLC. License #3157289

Related General Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,656

Year Built

  • Built in 2022

Lot Details

  • 8,263 Sq Ft Lot
  • East Facing Home

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,904 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Skylights
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Community Details

  • Delray Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616011150130

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,656

Year Built

Built in 2022

Lot Details

8,263 Sq Ft Lot

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North on Federal. Cross over Atlantic. Turn Right on NE Second Street. Turn Right on NE 7th Avenue to property gate on the Right.
  • Year Built: 2022
  • Architectural Style: Colonial
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Dual Sinks, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Living/Dining Room, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Range, Microwave, Oven, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 4904.0
  • Stories: 2
  • Window Features: Blinds, Drapes, Skylight(s)

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Salt Water
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None

Lot Info

  • Parcel #: 12434616011150130
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning: RM(cit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 55656.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2024
Closed on
Nov 1, 2024
Sold by
Riepma Paul and Petrello Doreen
Bought by
Three Paws Beach Trust and Cutler
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Donna Incorvaja
Related General Realty, LLC.
List Price
$5,495,000
Sold Price
$5,300,000
Premium/Discount to List
-$195,000
-3.55%
Views
37
Current Estimated Value
$6,069,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,956
Avg. Annual Appreciation
10.41%

Purchase Details

Listed on
Apr 4, 2021
Closed on
Aug 12, 2022
Sold by
Azure 132 Ne 7Th Llc
Bought by
Riepma Paul and Petrello Doreen
Seller's Agent
Richard Caster
Azure Development LLC
List Price
$3,190,000
Sold Price
$3,215,132
Premium/Discount to List
$25,132
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.25%
Original Mortgage
$1,000,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2020
Closed on
Jan 21, 2021
Sold by
Mkw Del Llc
Bought by
Azure 132 Ne 7Th Llc
Seller's Agent
Christopher McInnis
Engel & Voelkers Delray Beach
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$925,000
Sold Price
$810,000
Premium/Discount to List
-$115,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.68%
Original Mortgage
$1,636,000
Interest Rate
2.6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2018
Sold by
Chiarenza James and Chiarenza Janna Jean
Bought by
Mkw Del Llc

Purchase Details

Closed on
May 23, 2017
Sold by
Chiarenza Janna Jean and Judith Jean Stone Trust
Bought by
Chiarenza James and Chiarenza Janna Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
3.9%

Purchase Details

Closed on
Jun 29, 2009
Sold by
Stone Judith Jean
Bought by
Stone Judith Jean

Purchase Details

Closed on
Jun 30, 1998
Sold by
Cooney Riley J
Bought by
Stone Judith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 1996
Sold by
Cummings George R
Bought by
Cooney Riley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1994
Sold by
Cummings Goerge R
Bought by
Shively Richard G
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 Buyer Sale Price Title Company
Three Paws Beach Trust $5,300,000 None Listed On Document
Three Paws Beach Trust $5,300,000 None Listed On Document
Riepma Paul $3,215,131 Edgar A Benes Pa
Azure 132 Ne 7Th Llc $810,000 Attorney
Azure 132 Ne 7Th Llc $810,000 None Listed On Document
Mkw Del Llc $565,000 Attorney
Chiarenza James -- Attorney
Stone Judith Jean -- Attorney
Stone Judith J $155,000 --
Cooney Riley J $85,000 --
Shively Richard G $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riepma Paul $1,000,000
Previous Owner Azure 132 Ne 7Th Llc $1,636,000
Previous Owner Cooney Riley J $1
Previous Owner Cooney Riley J $155,500
Previous Owner Cooney Riley J $124,000
Previous Owner Cooney Riley J $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $5,300,000 -3.5% $1,081 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $5,495,000 +70.9% $1,121 / Sq Ft
08/12/2022 08/12/22 Sold $3,215,132 +296.9% $673 / Sq Ft View Prior Sale
07/13/2022 07/13/22 Pending -- -- --
02/05/2021 02/05/21 Sold $810,000 -74.6% $719 / Sq Ft View Prior Sale
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $3,190,000 +244.9% $668 / Sq Ft
07/20/2020 07/20/20 For Sale $925,000 -- $821 / 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 $55,914 $4,115,592 -- --
2024 $55,914 $3,078,587 -- --
2023 $55,656 $2,964,876 $707,355 $2,257,521
2022 $12,906 $649,727 $0 $0
2021 $11,676 $566,584 $484,000 $82,584
2020 $11,190 $537,804 $440,000 $97,804
2019 $11,256 $534,823 $440,000 $94,823
2018 $9,766 $472,514 $384,773 $87,741
2017 $8,932 $477,994 $373,566 $104,428
2016 $4,632 $359,245 $0 $0
2015 $7,675 $326,586 $0 $0
2014 $7,198 $296,896 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11007747

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-01-115-0130

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