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$6,950,000

Beds
3
Baths
3.5
sq ft
3,521

4006 N Ocean Blvd, Delray Beach, FL 33483

4006 N Ocean Blvd

Delray Beach, FL 33483

  • 164 days on market
    • Price drop $1,045,000↓
This Luxury Gulf Stream Townhome is the epitome of Palm Beach elegance with the convenience of ''lock and leave''. The corner residence boasts 300' of deeded beach access plus the highly revered 4001 N Ocean Condo amenities including oceanfront fitness center and beach concierge service. Meticulously renovated and designer decorated throughout by Jan Showers & Associates as featured in Kips Bay Decorators Show Houses. From Murano glass chandeliers to custom wall coverings and mill work; to the lacquer and signature paint; this home is a stunning work of art. The unit lives like a single-family home with over 4,300 total square feet, first floor primary suite, private pool, and two-car garage plus golf cart garage. Enjoy a pleasant drive along A1A to Delray Beach and Palm Beach.

Details

Property type

Townhouse

Est. home value

$5,791,623

Lot size

Unknown

Price per sq ft

$1,974

Year built

2014

Annual property taxes

$59,378

Monthly HOA fee

$1,833

Price History

12/03/2024
Beaches

Beaches #R11014554

Price change
$6,950,000
-13.07%
08/22/2024
Beaches

Beaches #R11014554

Listed
$7,995,000
+173.33%
05/22/2017
Beaches

Beaches #R10299313

Sold
$2,925,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$3,678,524
Asking price
$6,950,000
Closing costs (~8% of asking)
-$556,000
Est. remaining loan balance
-$2,715,476
Cash to seller
$3,678,524

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

Seller’s Loan History

Lender

Stifel Bank & Trust

Loan start date

October 2021

Original loan amount

$2,925,000

Est. remaining balance

$2,715,476

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

James E Woodford Iii and Kellye R Woodford

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?

Similar Homes Nearby

Beaches
$6,250,000
6 bd
|
7 ba
|
5,233 sq ft
|
House

3100 Palm Dr, Delray Beach, FL 33483

Status: Active

Tomo last checked: 02/02/2025 at 8:50 AM

Listing updated: 01/29/2025 at 11:51 AM

Listed by: Nicholas Mal Malinosky, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R11014554

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