NOT LISTED FOR SALE

Estimated Value: $8,204,000 - $9,175,000

6 Beds
9 Baths
6,542 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $4,530,000 $692 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $51,103/month

254 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • Marble Flooring
  • Home fronts navigable water
  • Private Pool
  • High Ceiling

About This Home

As of September 2020

Best buy on the water in Delray Beach, reduced over $1.2M! A boater's paradise, this fabulous residence prominently located at 1117 Island Dr. in Delray Beach, Fl. only moments to the beach, Atlantic Ave and the inlet has it all. A spacious direct waterfront estate offering over 9,005 total sqft, six bedrooms, seven full baths and two-half baths features luxurious Brazilian wood floors, living room with fireplace, gourmet kitchen complete with butler's pantry, marble countertops, a slate-adorned island, custom cabinetry and professional appliances, dining room, family room with wet bar, elevator, dual laundry rooms, as well as car air-conditioned three-car garage. Architectural details include coffered ceilings, and intricate millwork evoking elements inspired by historic architects Volk and Fatio, Exceptionally maintained, the freshly-painted exterior and interiors portray refined neutral tones, while floor to ceiling impact-glass French doors and windows provide natural light and spectacular water views from every room. The distinguished master suite is well-appointed with his-and-her baths showcasing beautiful tapware and custom marble, dual walk-in closets and French doors leading to an over-sized veranda providing a secluded spot for rest and relaxation.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 12/10/2019

The Corcoran Group

Co-Listed By

Karen Hammer

One Sotheby's International Re License #3087819

Last Buyer's Agent

Marie Caradonna

Coldwell Banker Realty /Delray Beach License #3284151

Coldwell Banker Realty /Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,982

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 6,542 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Intracoastal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Private Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Seawall
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Delray Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609360000250

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,982

Year Built

Built in 2004

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave. East of Intracoastal, Left on Andrews, Left on Island Dr, house on the Right.
  • Year Built: 2004
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, High Ceilings, Kitchen Island, Multiple En Suite Bathrooms, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Stacked Bedrooms, Upper Level Primary, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6542.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area
  • View: Intercoastal
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Other Equipment: TV Antenna
  • Security: Security System Leased, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434609360000250
  • Lot Size Acres: 0.3
  • Lot Size: 100.0 ft x 130.0 ft
  • Lot Size Sq Ft: 13068.0
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 50982.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Sep 18, 2020
Sold by
Lanoce Carrie Stephens and Carrie Lanoce Home Trust
Bought by
Boris Kyle Aaron
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Marie Caradonna
Coldwell Banker Realty /Delray Beach
List Price
$4,995,000
Sold Price
$4,530,000
Premium/Discount to List
-$465,000
-9.31%
Current Estimated Value
$8,685,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,155,726
Avg. Annual Appreciation
12.79%
Original Mortgage
$3,397,500
Outstanding Balance
$2,939,870
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$5,745,856

Purchase Details

Closed on
May 25, 2005
Sold by
Camec Ltd
Bought by
Lanoce Carrie Stephens and Carrie Stephens Lanoce Home Trust

Purchase Details

Closed on
Aug 9, 2002
Sold by
Troup Judith K
Bought by
Camec Ltd

Purchase Details

Closed on
Apr 24, 2001
Sold by
Judith K Troup I
Bought by
Troup Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2001
Sold by
Michael Troup I
Bought by
Troup Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1998
Sold by
Price Robert M and Price Margaret R
Bought by
Troup Michael J and Troup Judith K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boris Kyle Aaron $4,530,000 Attorney
Lanoce Carrie Stephens $3,600,000 --
Camec Ltd $1,250,000 --
Troup Judith K $60,000 --
Troup Judith -- --
Troup Michael J $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boris Kyle Aaron $3,397,500
Previous Owner Troup Michael J $665,000
Previous Owner Troup Michael J $665,000
Previous Owner Troup Michael J $665,000
Previous Owner Troup Michael J $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $4,530,000 -9.3% $692 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $4,995,000 -- $764 / 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 $76,301 $4,429,304 -- --
2024 $76,301 $4,211,276 -- --
2023 $76,895 $4,088,617 -- --
2022 $76,993 $3,983,640 -- --
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10584377

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-09-36-000-0250

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