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Sold for $2,312,500
  • $2,312,500

    227 NE 1st Avenue, Delray Beach, FL 33444

    5beds
    2,244sqft
    Single Family Residence
    Built in 1937
    7,260 Square Feet Lot
    $2,377,600 Zestimate®
    $1,031/sqft
    $6,885 Estimated rent

    Home value

    $2,377,600

    $2.12M - $2.66M

    $6,885/mo

    Zestimate® history
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    What's special

    An EXCEPTIONAL & RARE offering: a meticulously renovated 1938 historic residence,complemented by a separate guest cottage, nestled on the prestigious 'Bankers Row' of Delray Beach. This unparalleled property, has 4 bedrooms & 3 baths in the main home, plus a 1-bedroom, 1-bath guest cottage, all steps from Atlantic Ave & Pineapple Grove. The main house features hurricane-impact glass, elegant tile-wood flooring, an open kitchen w/ gas appliances, a spacious walk-in pantry, dry bar, & a fenced-in backyard with pet-friendly artificial grass. The charming guest cottage, renovated in 2017 with luxury vinyl flooring, presents a proven rental opportunity! A unique blend of historic elegance and contemporary luxury in one of Delray Beach's most coveted locations! ROOM FOR A POOL! Parallel parking is available in front of the house on 1st Avenue, in the driveway adjacent to the guest house/cottage (can hold up to 4 cars), and in the Bankers Row parking lot with 2 electric car charging stations. Guest house cottage is actively rented and has over 30 5-star reviews on VRBO. Wall-mounted TVs and 4 ring cameras stay. Ring security on doors and windows as well. Primary Bedroom has 2 walk-in closets with built-ins. Primary Bathroom has large shower and 2 sinks. Electric shades in main areas. Backyard wraps around with great space, including Japanese Fern trees (wind-resistant), 2 outdoor storage closets. Furniture is negotiable.

    Zillow last checked:

    Listing updated:

    Listed by:

    Allison Kaufman 561-212-4502,

    Century 21 Stein Posner

    Bought with:

    Joel Rask, 3215127

    Campbell&Rosemurgy Real Estate

    Source: BeachesMLS,MLS#: R11075142MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 4
    • Main level bedrooms: 5
    Primary bedroom
    • Description: Master
    • Level: First
    • Area: 210
    • Dimensions: 15 X 14
    Kitchen
    • Description: Kitchen
    • Level: First
    • Area: 171
    • Dimensions: 19 X 9
    Living room
    • Description: Living
    • Level: First
    • Area: 280
    • Dimensions: 20 X 14
    Heating
    • Central, Wall Furnace
    Cooling
    • Central Air, Ceiling Fan(s), Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Built-in Features, Dual Sinks, Kitchen/Dining Combo, Main Level Primary, Pantry, Separate Shower, Bar, Walk-In Closet(s)
    • Flooring: Ceramic Tile, Laminate
    • Windows: Drapes, Storm Window(s)
    Interior area
    • Total structure area: 2,408
    • Total interior livable area: 2,244 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    • Details: CarportSpaces:0.00
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Outdoor Living Area
    • Has view: Yes
    • View description: City, Garden
    • Waterfront features: None
    Lot
    • Size: 7,260 Square Feet
    • Dimensions: 56.0 ft x 129.6 ft
    • Features: Sprinklers Automatic, < 1/4 Acre
    Details
    • Parcel number: 12434616010740051
    • Zoning: OSSHAD
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Security System Owned, Smoke Detector(s)
    • Subdivision: Bankers Row
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $1,031/sqft
    • Tax assessed value: $1,478,819
    • Annual tax amount: $12,767
    • Date on market: 3/28/2025
    • Cumulative days on market: 33 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/4/2025Sold$2,312,500-7.3%$1,031/sqft
    Source: BeachesMLS #R11075142 Report a problem
    3/28/2025Listed for sale$2,495,000+269.6%$1,112/sqft
    Source: BeachesMLS #RX-11075142 Report a problem
    2/9/2017Sold$675,000-2%$301/sqft
    Source: BeachesMLS #R10288651 Report a problem
    12/3/2016Listed for sale$689,000-1.4%$307/sqft
    Source: Mizner Residential Realty, LLC #RX-10288651 Report a problem
    10/31/2016Listing removed$699,000$311/sqft
    Source: Mizner Residential Realty, LLC #RX-10236470 Report a problem
    9/19/2016Price change$699,000-2.8%$311/sqft
    Source: Mizner Residential Realty, LLC #RX-10236470 Report a problem
    5/20/2016Listed for sale$719,000+119.9%$320/sqft
    Source: Mizner Residential Realty, LLC #RX-10236470 Report a problem
    4/14/2016Listing removed$2,500+25.6%$1/sqft
    Source: Mizner Residential Realty, LLC #RX-10219046 Report a problem
    7/18/2015Listing removed$1,990$1/sqft
    Source: Mizner Residential Realty, LLC #RX-10140992 Report a problem
    7/3/2015Price change$1,990-20.4%$1/sqft
    Source: Mizner Residential Realty, LLC #RX-10140992 Report a problem
    6/3/2015Price change$2,500-7.4%$1/sqft
    Source: Mizner Residential Realty, LLC #RX-10140992 Report a problem
    4/13/2015Listed for rent$2,700+68.8%$1/sqft
    Source: Highland Beach Realty Inc. #RX-10127055 Report a problem
    5/18/2014Listing removed$1,600$1/sqft
    Source: Las Olas International Realty #F1286532 Report a problem
    5/4/2014Price change$1,600-36%$1/sqft
    Source: Las Olas International Realty #F1286532 Report a problem
    4/25/2014Price change$2,500-10.7%$1/sqft
    Source: Las Olas International Realty #F1286532 Report a problem
    3/20/2014Listed for rent$2,800+27.3%$1/sqft
    Source: Postlets Report a problem
    1/11/2014Listing removed$2,200$1/sqft
    Source: Rental Pros Of The Palm Beaches Report a problem
    4/17/2013Listed for rent$2,200+11.4%$1/sqft
    Source: Highland Beach Realty #R3360407 Report a problem
    12/1/2012Listing removed$1,975$1/sqft
    Source: Highland Beach Realty #R3279387 Report a problem
    6/4/2012Price change$1,975-28.2%$1/sqft
    Source: Highland Beach Realty #R3279387 Report a problem
    5/4/2012Listed for rent$2,750+37.8%$1/sqft
    Source: Highland Beach Realty #R3279387 Report a problem
    9/23/2011Listing removed$1,995$1/sqft
    Source: Highland Beach Realty #R3199909 Report a problem
    6/3/2011Price change$1,995-9.3%$1/sqft
    Source: Highland Beach Realty #R3199909 Report a problem
    5/26/2011Listed for rent$2,200$1/sqft
    Source: Highland Beach Realty #R3199909 Report a problem
    11/16/2001Sold$327,000+16.8%$146/sqft
    Source: Public Record Report a problem
    5/23/2000Sold$280,000+180.6%$125/sqft
    Source: Public Record Report a problem
    10/26/1994Sold$99,800$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,406 +5%$776,788 +2.9%
    2024$12,767 -0.3%$754,896 +3%
    2023$12,807 +1%$732,909 +3%
    2022$12,686 -5.9%$711,562 +3%
    2021$13,476 +7.9%$690,837 +8.5%
    2020$12,487 +1.2%$636,930 +2.3%
    2019$12,334 $622,610 +1.9%
    2018$12,334 +4.2%$611,001 +145.9%
    2017$11,833 +156.4%$248,524 +2.1%
    2016$4,615 -0.3%$243,412 +0.7%
    2015$4,629 -3.1%$241,720 +0.8%
    2014$4,778 +0.8%$239,802 +3.2%
    2012$4,739 +1.5%$232,309 +3%
    2011$4,670 +1.4%$225,543 +1.5%
    2010$4,606 +6.6%$222,210 +2.7%
    2009$4,322 -3.8%$216,368 -8.1%
    2007$4,493 $235,391 +18.4%
    2005-- $198,775 +4.6%
    2004$2,455 +977%$190,114 +31.4%
    2003$228 -91.5%$144,696 +13.5%
    2002$2,695 -19.6%$127,458 -0.6%
    2001$3,350 +24.2%$128,188 +25.1%
    2000$2,697 +15.3%$102,506 +3.9%
    1999$2,340 $98,615
    Find assessor info on the county website

    Neighborhood: 33444

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Plumosa School of the Arts K-8
    • High: Atlantic

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,377,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,377,600