1171 S Ocean Blvd
Delray Beach, FL 33483
$13,175,731 Trulia Estimate

1171 S Ocean Blvd
Delray Beach, FL 33483

  • 8 baths
  • 9,761 sqft
  • 0.9 acres lot size
  • Single-Family Home
Off Market · Public Record
$13,175,731 Trulia Estimate
1171 S Ocean Blvd
  • 10
  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Palm Beach county.

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  • 90% of residents commute by car.

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  • 46 Restaurants

    3 Grocery stores

    6 Nightlife

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  • Get a feel for the community.

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Off Market · Public Record

Home Details

Overview
  • Single-Family Home
  • 8 Baths
  • Built in 1994
  • 0.9 acres lot size
  • 9,761 sqft
Description

This property is no longer available to rent or buy. This description is from September 30, 2015
Extremely rare opportunity in the Estate Section of Delray Beach. This oceanfront residence adorns the Estate Section of Delray Beach's Coastline. The completely gated and private estate is nestled off A1A just south of Atlantic Avenue's shops and restaurants and an easy and scenic drive to Palm Beach and Boca Raton. With 100 feet of direct ocean frontage and over 408 feet of depth, the nearly one acre parcel is the perfect setting for this resort-style residence boasting over 12,000 square feet. The private gated main entry and decorative motorcourt lead to the majestic estate and manicured grounds. A Coquina stone arched entryway complete with iron gate and custom wood and glass door unveil the opulent living room with cathedral wood beamed ceilings; stone columns, millwork and fireplace; limestone floors and stunning ocean vistas. The gourmet kitchen with gas range, dual sinks and Sub-Zero refrigerator/freezer opens to the breakfast nook and family room with fireplace and is flanked with numerous windows providing an abundance of natural light and views of the pool, spa and ocean. The formal dining room is complete with a full-service catering kitchen and butler's pantry. Enjoy the home theatre room and wood paneled library and game room. The first floor master suite is complete with coffered ceilings, fireplace, office, his-and-her baths, and a private seaside loggia. There are six additional guest rooms including a second master suite with balcony, full bath, closet fireplace and morning bar, as well as a third level observation area displaying the endless ocean views. The resort-style grounds with manicured lawns and sprawling green spaces are the perfect setting for the expansive seaside pool and spa complete with separate cabana bath. Entertaining is easy with the Coquina terraces, covered loggia and outdoor dining area. Recent improvements include brand new air conditioners, several renovated bathrooms, and new exterior and interior paint. Exceptional features include marble and hardwood floors throughout, central lighting system, electric shutters, numerous fireplaces, elevator, ground floor master suite, full service bar off of the living room, additional game room, full service laundry room, central vacuum system, two bedrooms with separate entrances that can serve as staff quarters, custom landscape, incredible trim and woodwork throughout, and a fantastic deep oceanfront lot. Enjoy the opulent architecture and luxury lifestyle in this private oceanfront estate

Price History
Date
Price
Event

05/03/2016
$12,000,000
Sold
Recording Date
05/03/2016
Contract Date
04/28/2015
Sale Price
$12,000,000
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
N/A
Total Transfer Tax
$84,000
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

04/29/2016
$13,000,000
Posting removed

02/26/2016
$13,000,000
Pending

01/08/2016
$13,000,000
Price change
Price Change
$1,050,000 (8.79%)
Source
The Corcoran Group

09/28/2015
$11,950,000
Listed for sale

07/22/2015
$11,999,000
Posting removed

04/30/2015
$10,000,000
Sold
Recording Date
04/30/2015
Contract Date
04/27/2015
Sale Price
$10,000,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
$70,000
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

03/03/2015
$11,999,000
Listed for sale

08/29/2013
$8,812,500
Sold
Recording Date
08/29/2013
Contract Date
08/23/2013
Sale Price
$8,812,500
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
N/A
Total Transfer Tax
$617
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

07/11/2013
$9,800,000
Posting removed

02/10/2013
$9,800,000
Price change
Price Change
$850,000 (9.5%)
Source
The Corcoran Group

02/01/2012
$8,950,000
Price change
Price Change
-$1,550,000 (-14.76%)
Source
The Corcoran Group

02/01/2011
$10,500,000
Listed for sale

12/03/2010
$12,250,000
Posting removed

01/24/2009
$12,250,000
Listed for sale

05/18/2004
$7,000,000
Sold
Recording Date
05/18/2004
Contract Date
05/13/2004
Sale Price
$7,000,000
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
N/A
Total Transfer Tax
$49,000
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

11/26/1996
$4,325,000
Sold
Recording Date
11/26/1996
Contract Date
N/A
Sale Price
$4,325,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
$30,275
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$192,829.84
Assessments
$9,409,906
Land
N/A
Improvements
N/A
Total
$9,409,906
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 33483
$1,407,786
80% below sold price
Median Sale Price for 33483
$510,000
93% below sold price
Average Sale price/sqft for 33483
$352/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
3.46
Single-Family Home
$7,525,000
01/08/18
5
6.5
7,985
2.52
Single-Family Home
$9,150,000
11/02/17
4
5.5
6,454
7.83
Single-Family Home
$8,450,000
12/07/17
-
3
3,222

Contact Info


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