701 S Ocean Boulevard, Delray Beach, FL 33483 (MLS# R10318197)

701 S Ocean Boulevard, Delray Beach, FL 33483

$13,375,000

Virtual Tour

http://tour.vht.com/433562392/idx

Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 7,030 Status: Closed

Current Price: $13,375,000 List Date: 3/20/2017 Last Modified: 7/07/2026

Overview

Description

120 Linear Feet of Prime ocean frontage on 1.25 acre lot, ¼ mile south of Atlantic Avenue in Delray Beach. Ideal location to build your dream home. Excellent elevation. This over sized lot is the only one in this area of significant size. Priced to sell, lowest price per square foot. Existing Mediterranean house (MAR-CIELO) can also be renovated to capture the “Old Florida” charm. See it today.

Listing Details MLS# R10318197

General Property Information

Number Of Units In Community: Yes
Total Units In Building: Yes
Unit Floor #: Yes
Property Sub Type: Single Family Residence
Bedrooms Total: 5
Bathrooms Total: 6
Bathrooms Full: 5
Bathrooms Half: Yes
Building Area Main: 7030
Building Area Source: Public Records
Living Area Main: 4564
Year Built: 1948
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Lot Size Area: 51688
Lot Size Acres: 1.19
Lot Size Dimensions: 125.0 ft x 367.0 ft
Frontage Length: 125
Senior Community YN: No
Waterfront YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: East
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Fireplace Features: Decorative Flooring: Ceramic Tile; Parquet Parking Features: Attached Garage; Garage Property Condition: Resale Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bar; Bedroom Layout - Split; Closet Cabinetry; Entrance Foyer; Walk-In Closet(s); Wet Bar Levels: Multi/Split Listing Terms: Cash; Conventional Other Equipment: None Pets Allowed YN: Yes Pool Features: In Ground Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Call Listing Agent Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 14750000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 701
Street Direction Prefix: S
Street Name: Ocean
Street Suffix: Boulevard
City Name: Delray Beach
State Or Province: FL
Postal Code: 33483
Postal Zip: 33483
Subdivision Name: Gout Lot
Area: 4140
Geographic Area: PB05
Special Assessment YN: No
Parcel Number: 12434621000010080
Zoning: R-1-AA
Directions: A1A just north of Linton Blvd, directly on the ocean

Financial Information

Membership Fee Required YN: No
Tax Annual Amount: 219950
Tax Year: 2016
Tax Legal Description: 21-46-43, S 120 FT OF N 1055 FT OF GOV LT 1 LYG E OF OCEAN BLVD

Status Change Information

Major Change Timestamp: 2017-05-16T14:36:52Z
Major Change Type: Status Change
Status Change Date: 2017-05-16
Under Contract Date: 2017-05-08
Close Date: 2017-05-16
Close Price: 13375000
Buyer Financing: Cash

More Information

Guest House Area Details

Building Area Guest House: 30000

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock Details: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main

Price Calculations

Current Price To SqFt: 2930.54
Original List Price To Close Price: 1.1

Originating Details

Originating System Key: 20170320183849608811000000
Originating System ID: M00000170

Room Information

Room Name	Length	Width	Level
Living Room	30.00	30.00	Main
Kitchen	20.00	15.00	Main
Master Bedroom	20.00	15.00	Main

Listing Office: The Corcoran Group

Last Updated: July - 07 - 2026

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