tomo logo

$8,595,000

Beds
5
Baths
5.5
sq ft
4,297

3424 N Ocean Blvd, Delray Beach, FL 33483

3424 N Ocean Blvd

Gulfstream, FL 33483

  • <1 day on market
Located in the heart of Gulf Stream, 3424 N Ocean Blvd is a meticulously maintained Bermuda-style estate offering private beach access just steps away. This architectural gem spans 5,875 square feet, featuring a 4-bedroom, 4.5-bath main residence and a separate guest house with an additional bedroom and bath. Designed for effortless luxury, the home showcases vaulted tongue-and-groove wood ceilings, impact windows and doors, marble and hardwood flooring, and custom moldings. The gourmet kitchen, outfitted with top-tier appliances and a spacious island, flows seamlessly into the sunlit gathering room.

Details

Property type

Single Family Residence

Est. home value

$7,916,659

Lot size

0.41 acres

Price per sq ft

$2,001

Year built

2017

Annual property taxes

$70,138

HOA

Yes

Price History

02/05/2025
Beaches

Beaches #R11059337

Listed
$8,595,000
+83.85%
04/25/2019
Beaches

Beaches #R10497421

Sold
$4,675,000
+1.63%
11/21/2017
Beaches

Beaches #R10135418

Sold
$4,600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$5,226,978
Asking price
$8,595,000
Closing costs (~8% of asking)
-$687,600
Est. remaining loan balance
-$2,680,422
Cash to seller
$5,226,978

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2019

Original loan amount

$3,000,000

Est. remaining balance

$2,680,422

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Philip C Timon and Isabella Timon

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: 02/05/2025 at 2:50 PM

Listing updated: 02/05/2025 at 11:55 AM

Listed by: Candace Friis, The Corcoran Group Phone #: (561) 655-9081

MLS: Beaches #R11059337

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