NOT LISTED FOR SALE

Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $1,305,000 - $1,792,000

3 Beds
2 Baths
1,118 Sq Ft
$675/mo HOA Fee

Last Sold January 28, 2022

Last sale price $1,100,000 $984 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,593/month

22 Days on Market

Highlights

  • Gated Community
  • Marble Flooring
  • Built-In Features
  • Deck
  • Community Pool
  • Card or Code Access

About This Home

As of January 2022

Contemporary urban living --steps away from Atlantic Ave in Downtown Delray. 111 First Delray Beach is a sleek 66-unit, smart building with beautifully designed units. This unit has upgraded kitchen counters and backsplash. Large balcony plus a private rooftop terrace. Units equipped with Bosch appliances and modern-day technology and security. Home automation system Designer selected finishes with upgrade options Secure and covered resident parking with extraordinary guest parking Up to 1GB internet download speeds Air conditioned Secure bicycle parking and private storage space State-of-the-art fitness center Entertainment deck includes swimming pool, cabanas, summer kitchen, bar, billiards, fire pit, and TVs Atrium lobby

Last Agent to Sell the Property

Howard Chatoff

Premiere Luxury Homes License #3510494 Listed on: 01/05/2022

Last Buyer's Agent

Howard Chatoff

Premiere Luxury Homes License #3510494 Listed on: 01/05/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,236

Year Built

  • Built in 2019

Lot Details

  • 1.12

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 1,118 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Marble Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 12434616Q20005180

Community Details

Overview

  • Association fees include amenities
  • First Delray Condominum Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,236

Year Built

Built in 2019

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: One and one half block south of Atlantic Avenue on SE 1st Avenue.
  • Year Built: 2019
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Central Vacuum, Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 1118.0
  • Stories: 5

Exterior Features

  • Exterior Features: Deck
  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Elevator Secured, Key Card Entry, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 675.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Pool
  • Association #2 Fee: 675.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities

Lot Info

  • Parcel #: 12434616Q20005180

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17236.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Chatoff Gary
Bought by
Armata Chris
Current Estimated Value
$1,506,122

Purchase Details

Listed on
Jan 5, 2022
Closed on
Feb 11, 2022
Sold by
Chatoff and Rochelle
Bought by
Chatoff Gary
Seller's Agent
Howard Chatoff
Premiere Luxury Homes
Buyer's Agent
Howard Chatoff
Premiere Luxury Homes
List Price
$900,000
Sold Price
$1,100,000
Premium/Discount to List
$200,000
22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$800,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2019
Sold by
Sofa I Lllp
Bought by
Chatoff Jules and Chatoff Rochelle
Source: Public Records

Range of Values:

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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
Armata Chris $1,450,000 Florida Select Title
Chatoff Gary $1,067,000 Florida Select Title
Chatoff Jules $1,110,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chatoff Gary $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $1,100,000 +22.2% $984 / Sq Ft
01/05/2022 01/05/22 For Sale $900,000 -- $805 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

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
2024 $24,225 $1,296,088 -- --
2023 $24,327 $1,258,338 $0 $0
2022 $19,887 $960,182 $0 $0
2021 $18,574 $872,893 $0 $872,893
2020 $17,236 $802,972 $0 $802,972
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Howard Chatoff

    Premiere Luxury Homes

    (561) 212-5019

    2 in this area

    31 Total Sales

    Howard Chatoff
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10313413

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-Q2-000-5180

Florida Palm Beach County Delray Beach 33444

Downtown Delray Beach

This home since 05 January 2022 and is currently estimated at $1,506,122, approximately $1,347 per square foot. This property was built in 2019. This home is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Community Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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