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.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 2023
Stories: 2
Living Area: 14,425 SqFt
Listing Office:
Office Name: Premier Estate Properties, Inc
Office Phone: (561) 278-8188
Listing Agent: Pascal J Liguori
Interior Features
Interior Information:
Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Gas Range, Refrigerator, Oven
This property is $73.6M more than the Median Sold Price and $4.8K/SqFt more than other homes in Delray Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #RX-11033961
Listing Office:
Office Name: Premier Estate Properties, Inc
Office Phone: (561) 278-8188
Listing Agent: Pascal J Liguori
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 16, 2020
Sep 16, 2020Home Sold
$11,048,000
May 18, 2017
May 18, 2017Home Sold
$13,375,000
May 11, 2015
May 11, 2015Home Sold
$12,000,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$183,197
$9,000,300
2019
$185,234
$9,000,300
2018
$210,834
$10,459,749
2017
$213,621
$10,387,180
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$369.3K
Per Month
Principal & Interest
$369.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$221.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Pine Grove Elementary School
400 SW 10th St
Distance between this listing and this school1.17 miles
Public District Grades EE-5
5
/10
S. D. Spady Elementary School
901 NW 3rd St
Distance between this listing and this school1.85 miles
Public Magnet Grades PK-5
5
/10
Orchard View Elementary School
4050 Germantown Rd
Distance between this listing and this school3.55 miles
Public District Grades PK-5
Nearby Schools
6
/10
Plumosa School of the Arts
2501 Seacrest Blvd
Distance between this listing and this school2.61 miles
Public Magnet Grades KG-8
3
/10
Carver Community Middle School
101 Barwick Rd
Distance between this listing and this school3.34 miles
Public Magnet Grades 6-8
2
/10
Congress Middle School
101 S Congress Ave
Distance between this listing and this school5.28 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Village Academy On The Art & Sara Jo Kobacker Campus
400 SW 12th Ave
Distance between this listing and this school1.64 miles
Public Magnet Grades PK-12
5
/10
Atlantic Community High School
2455 W Atlantic Ave
Distance between this listing and this school2.47 miles
Public Magnet Grades 9-12
1
/10
South Area Secondary Intensive Transition Program
1300 SW 3OTH Avenue
Distance between this listing and this school3.55 miles
The neighbors living near this home have an average income of $93,519. Typical income of Delray Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 701 S Ocean Blvd
What is the listing price of this property?
The listing price of 701 S Ocean Blvd property is $74,000,000.
What type of property is this?
The property 701 S Ocean Blvd is a house located in Delray Beach, Florida, 33483.
Is this property for sale now?
Active Listing: 701 S Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $183,197 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 16, 2020 for $11,048,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 701 S Ocean Blvd has 6 bedrooms and 9 full and 2 half bathrooms.
What is the square footage of this property?
The property 701 S Ocean Blvd is 14,425 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 701 S Ocean Blvd is 2023.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 701 S Ocean Blvd in Delray Beach, FL and zip code 33483. This 14,425 square foot home was built in 2023. Features: 6 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $74,000,000.
In November 2024 more than 2 listings in Delray Beach, FL were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 129 were sold below. In November 2024 in Delray Beach, FL there were 9.6% more homes for sale than in October 2024. In November 2024 median list price was $373,687 and the average listing age was 71 days.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
Live Theatre
Live Theatre
Hiking/backpacking
Men's Tennis
Bloomingdales
Nordstrom Rack
Crate & Barrel
Boston Market
Starbucks
The Cheesecake Factory
Mercedes
Audi
Volvo
News
Alternative