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$799,000

Beds
5
Baths
5.5
sq ft
4,548

1280 S Ocean Blvd, Delray Beach, FL 33483

1280 S Ocean Blvd

Delray Beach, FL 33483

  • 16 days on market
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Seamless indoor/outdoor living awaits in Seagate, 5 BD / 5.5-BA minutes from the beach. Inspired by the tropics, east-facing courtyard features an inviting saltwater pool and spa, plus an irresistible loggia, outdoor kitchen and bar. Natural light pours through floor-to-ceiling windows into the spacious open plan living space. The dream kitchen features custom cabinets, top-of-the-line appliances, an oversized island and a butler's pantry. The main floor includes a luxurious primary suite with a spa-like en suite bathroom, spacious closets and access to your pool with private outdoor shower. Plenty of room with first floor guest suite & 3 bright bedrooms. 2 car garage & professionally decorated.

Details

Property type

Single Family Residence

Est. home value

$5,845,934

Lot size

Unknown

Price per sq ft

$176

Year built

2022

Annual property taxes

$10,000

Price History

10/23/2024
Beaches

Beaches #R11030832

Listed
$799,000
-85.46%
04/28/2022
Beaches

Beaches #R10718826

Sold
$5,495,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

April 2022

Original loan amount

$3,022,250

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Commercial

Seller

1280 S Ocean Blvd Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 10:30 AM

Listing updated: 10/25/2024 at 1:30 PM

Listed by: Bailey Vonnegut, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #R11030832

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