tomo logo

$22,500,000

Beds
4
Baths
6.0
sq ft
7,493

230 George Bush Blvd, Delray Beach, FL 33444

230 George Bush Blvd

Delray Beach, FL 33444

  • 921 days on market
    • Price drop $950,000↓
The most visible mixed use home & office landmark upon entering downtown Delray Beach'' This unique turnkey ultra-Luxury Custom 3 floor loft has commercial office on the first floor. This home Includes unique zoning for mixed use of residential and commercial office. Put your home above your business, make it all house, or make it all office. It's possible here! And still be steps to ocean, restaurants, and shops. Over 9000 usable sq feet* including 3 covered balconies, garage w/ AC, roof top kitchen, 8 bathrooms, and finished Class A office space (easily converted to more residence). What other ultra-luxury home includes 19 parking spots w/ a private custom 2 car garage w/ AC for collectors. Spanning almost 1/2 acre, on the most visible point lot on beautified George Bush Blvd

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

0.46 acres

Price per sq ft

$3,003

Year built

1959

Annual property taxes

$44,191

Price History

10/03/2024
Beaches

Beaches #R10799136

Price change
$22,500,000
-4.05%
05/10/2022
Beaches

Beaches #R10799136

Listed
$23,450,000

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 Citizens Bank & Trust Co

Loan start date

October 2018

Original loan amount

$2,357,486

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

Building or Construction Loan, 16 year

Seller

S & E Holdings Inc

Lender

Southtrust Bank

Loan start date

November 1998

Original loan amount

$240,000

Est. remaining balance

Not provided

Interest rate

6.49%

Loan type

Commercial

Seller

S & E Holdings Inc

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?

Status: Active

Tomo last checked: 11/15/2024 at 11:25 PM

Listing updated: 10/03/2024 at 3:26 AM

Listed by: Joyce Marie Schneider, Castles By The Beach, Inc. Phone #: (561) 392-8770

MLS: Beaches #R10799136

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