701 S Ocean Boulevard, Delray Beach, FL 33483

$59,000,000
Property Type: Residential Bedrooms: 6 Baths: 11 Square Footage: 16,853 Status: Closed
Current Price: $59,000,000 List Date: 11/04/2024 Last Modified: 8/12/2026

Overview

Description

Ideally situated on 120'± feet of direct oceanfront in the exclusive Estate District of Delray Beach, this magnificent new residence redefines ultraluxury living, gracious entertaining. Masterfully crafted by renowned builder Mark Timothy Luxury Homes, with stunning interiors by Jeffrey Strasser, this residence sets a new standard for living beautifully, with a plan that ensures personal privacy, craftsmanship and materials that assure peace of mind, amenities that provide the perfect beachfront lifestyle.

Supplements: New Tropical Georgian-Inspired Gated Oceanfront Estate Delray Beach, Florida Ideally situated on 120'± feet of direct oceanfront in the exclusive Estate District of Delray Beach, this magnificent new residence redefines ultraluxury living, gracious entertaining. Masterfully crafted by renowned builder Mark Timothy Luxury Homes, with stunning int ...

Listing Details MLS# R11033961

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
11
Bathrooms Full
9
Bathrooms Half
2
Community Development District YN
No
Building Area Main
16853
Building Area Source
Plans
Living Area Main
14425
Year Built
2023
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Covered Spaces
4
Gated Community YN
No
Lot Size Area
51684
Lot Size Acres
1.19
Lot Size Dimensions
120.0 ft x 367.0 ft
Frontage Length
120
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
Yes
Spa YN
Yes
Furnished
Furnished
Year Roof Installed
2023

Property Features

Dining Area: Family/Dining Combination; Formal Dining; Kitchen Dining; Snack Bar/Counter Exterior Features: Built-in Barbecue; Outdoor Shower; Summer Kitchen Flooring: Carpet; Marble; Terrazzo; Wood Parking Features: Decorative; Driveway; Garage Door Opener; Attached Garage; Garage Property Condition: New Construction Spa Features: In Ground Appliances: Dishwasher; Dryer; Gas Range; Oven; Refrigerator Architectural Style: Traditional Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Cabana Bath; Elevator; Entrance Foyer; Kitchen Island; Upstairs Living Area; Walk-In Closet(s); Wet Bar Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash Other Structures: Cabana Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Gunite; Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete; Metal; Tile Security Features: Security System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Utilities: Natural Gas Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Directly on Sand; Ocean Front Window Features: Storm Window(s) Showing Requirements: Appointment Only; Listing Agent Must Accompany Outdoor Living Spaces: Balcony; Patio Patio Details: Patio - Open Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
74000000
Negotiable Seller Concessions YN
Yes

Location and Legal

Country
United States
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
Ocean Boulevard
Area
4140
Geographic Area
PB05
Special Assessment YN
No
Parcel Number
12434621000010080
Zoning
R-1-AA
Directions
On the east side (Ocean side) of A1A between Linton and Atlantic Ave.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
533524
Tax Year
2024
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
2025-10-17T00:32:27Z
Major Change Type
Status Change
Status Change Date
2025-10-16
Under Contract Date
2025-08-26
Close Date
2025-10-14
Close Price
59000000
Buyer Financing
Cash

More Information

Entry Information

Entry Location
Entry Level Living Area Y

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
6
Main Level Bedrooms
2

Storm Protection

Impact Glass
Complete
Permanent Generator
Whole House

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
First
Bedroom 3 Level
Second
Bedroom 4 Level
Second
Bedroom 5 Level
Second
Dining Room Level
First
Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First

Price Calculations

Current Price To SqFt
4090.12
Original List Price To Close Price
1.25

Originating Details

Originating System Key
20241014134132780947000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 36.00 24.00 First
Kitchen 21.00 18.00 First
Master Bedroom 19.00 17.80 First
Dining Room 18.80 15.00 First
Bedroom 2 15.00 13.00 First
Bedroom 3 16.00 16.00 Second
Bedroom 4 22.00 16.00 Second
Bedroom 5 16.00 16.00 Second
Great Room
Laundry
IDX
Listing Office: Premier Estate Properties, Inc
Last Updated: August - 12 - 2026
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