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Sold for $2,500,000
  • $2,500,000

    248 NE 1st Avenue, Delray Beach, FL 33444

    4beds
    2,724sqft
    Single Family Residence
    Built in 1925
    10,425 Square Feet Lot
    $2,557,000 Zestimate®
    $918/sqft
    $6,584 Estimated rent

    Home value

    $2,557,000

    $2.28M - $2.86M

    $6,584/mo

    Zestimate® history
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    What's special

    On historic Bankers Row just off Atlantic Ave, this 1925 Mizner-style estate offers timeless elegance and modern luxury. The 3BR/2BA main home features impact windows, a new barrel tile roof, and curated designer finishes. A detached 1BR/1BA guest cottage with private entrance and kitchenette provides space for guests or rental income. Gated and walled for privacy, the lush grounds include a stone courtyard, tranquil fountain, and a majestic century-old banyan. A rare offering in Delray's most coveted historic district.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Derrickson 954-655-0714,

    Keller Williams Coastal Partners,

    Connor Kenney 508-397-6443,

    Keller Williams Coastal Partners

    Bought with:

    Vicky Sinni, 3355986

    Illustrated Properties

    Source: BeachesMLS,MLS#: R11099622MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Dining Room, Florida Room
    Primary bedroom
    • Description: Estimate - please verify
    • Level: Upper
    • Area: 270
    • Dimensions: 18 X 15
    Primary bedroom
    • Description: Estimate - please verify
    • Level: Upper
    • Area: 270
    • Dimensions: 18 X 15
    Kitchen
    • Description: Estimate - please verify
    • Level: Main
    • Area: 204
    • Dimensions: 17 X 12
    Kitchen
    • Description: Estimate - please verify
    • Level: Main
    • Area: 204
    • Dimensions: 17 X 12
    Living room
    • Description: Estimate - please verify
    • Level: Main
    • Area: 330
    • Dimensions: 22 X 15
    Living room
    • Description: Estimate - please verify
    • Level: Main
    • Area: 330
    • Dimensions: 22 X 15
    Heating
    • Electric
    Cooling
    • Central Air, Other
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Breakfast Area, High Ceilings, Kitchen Island, Pantry, Upper Level Primary, Walk-In Closet(s)
    • Flooring: Wood
    • Doors: French Doors
    • Windows: Arched, Bay Window(s), Plantation Shutters, Storm Window(s)
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,372
    • Total interior livable area: 2,724 sqft

    Property

    Parking
    • Total spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Open, Patio, Balcony
    • Exterior features: Balcony, Lighting, Outdoor Living Area, Room For Pool
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Size: 10,425 Square Feet
    • Features: Corner Lot, Sprinklers Automatic, Sprinkler System, < 1/4 Acre
    Details
    • Parcel number: 12434616010660091
    • Zoning: OSSHAD
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame, Stucco
    • Roof: Barrel
    Condition
    • Resale
    • New construction: No
    • Year built: 1925
    Details
    • Warranty included: Yes

    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
    • Subdivision: DELRAY TOWN OF (DOWNTOWN DELRAY BEACH)
    HOA
    • Has HOA: No
    • Amenities included: Beach Rights, Dog Park, Park, Sidewalks, Trail(s)
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $918/sqft
    • Tax assessed value: $1,780,275
    • Annual tax amount: $35,957
    • Date on market: 6/29/2025
    • Cumulative days on market: 24 days
    • Listing terms: Cash,Conventional,Owner Will Carry

    Price history

    DateEventPrice
    8/6/2025Sold$2,500,000-23.1%$918/sqft
    Source: BeachesMLS #R11099622 Report a problem
    7/24/2025Pending sale$3,250,000$1,193/sqft
    Source: BeachesMLS #RX-11099622 Report a problem
    6/29/2025Listed for sale$3,250,000$1,193/sqft
    Source: BeachesMLS #RX-11099622 Report a problem
    11/3/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/31/2023Listed for rent$14,900$5/sqft
    Source: Zillow Rentals Report a problem
    10/30/2023Listing removed--
    Source: BeachesMLS #R10902408 Report a problem
    9/7/2023Price change$14,900-14.9%$5/sqft
    Source: BeachesMLS #R10902408 Report a problem
    7/7/2023Listing removed--
    Source: BeachesMLS #RX-10869506 Report a problem
    7/7/2023Listed for rent$17,500-14.6%$6/sqft
    Source: BeachesMLS #R10902408 Report a problem
    6/1/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/19/2023Listed for rent$20,500$8/sqft
    Source: Zillow Rentals Report a problem
    4/19/2023Listing removed--
    Source: BeachesMLS #R10874418 Report a problem
    4/19/2023Pending sale$3,250,000$1,193/sqft
    Source: BeachesMLS #RX-10869506 Report a problem
    3/20/2023Price change$3,250,000-4.4%$1,193/sqft
    Source: BeachesMLS #RX-10869506 Report a problem
    3/18/2023Listed for rent$20,500$8/sqft
    Source: BeachesMLS #R10874418 Report a problem
    3/15/2023Listed for sale$3,400,000$1,248/sqft
    Source: BeachesMLS #RX-10869506 Report a problem
    3/14/2023Contingent$3,400,000$1,248/sqft
    Source: BeachesMLS #RX-10869506 Report a problem
    3/7/2023Listed for sale$3,400,000+142.9%$1,248/sqft
    Source: BeachesMLS #RX-10869506 Report a problem
    6/8/2021Sold$1,400,000-14.1%$514/sqft
    Source: Public Record Report a problem
    2/26/2019Listing removed$1,630,000$598/sqft
    Source: Douglas Elliman #RX-10434162 Report a problem
    8/28/2018Price change$1,630,000-4.1%$598/sqft
    Source: Douglas Elliman #RX-10434162 Report a problem
    5/24/2018Listed for sale$1,700,000+40.5%$624/sqft
    Source: Pink Palm Properties #RX-10434162 Report a problem
    12/7/2016Sold$1,210,000-10.3%$444/sqft
    Source: Public Record Report a problem
    5/3/2016Price change$1,349,000-3.3%$495/sqft
    Source: Tauriello & Company R.E. #RX-10231468 Report a problem
    3/21/2016Price change$1,395,000-5.4%$512/sqft
    Source: Engel & Volkers Delray Beach #RX-10160914 Report a problem
    2/20/2016Listed for sale$1,475,000+168.2%$541/sqft
    Source: Engel Voelkers #RX-10160914 Report a problem
    4/21/2009Sold$550,000-1.8%$202/sqft
    Source: Public Record Report a problem
    5/8/2002Sold$560,000$206/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$32,631 -9.2%$1,780,275 -3.9%
    2024$35,957 +9.4%$1,852,629 +10%
    2023$32,881 +8.7%$1,684,208 +10%
    2022$30,240 +27.3%$1,531,098 +32.3%
    2021$23,754 +2.7%$1,156,979 +3.6%
    2020$23,134 +1.7%$1,116,822 +5.1%
    2019$22,755 $1,062,927 +10%
    2018$22,755 +14.5%$966,297 +9.4%
    2017$19,869 +7.1%$883,378 +100.8%
    2016$18,555 +110.3%$439,823 +0.7%
    2015$8,822 -3.2%$436,766 +0.8%
    2014$9,115 +0.5%$433,300 +3.2%
    2012$9,069 +1.3%$419,761 +3%
    2011$8,954 -1.1%$407,535 -0.6%
    2010$9,056 -28.9%$409,901 -32.4%
    2008$12,744 +23.6%$606,783 +15.9%
    2007$10,313 -6.2%$523,671 +2.5%
    2006$10,998 $510,899 +3%
    2005-- $496,018 +3%
    2004$6,789 +2491.4%$481,571 +6.6%
    2003$262 -91.3%$451,676 +225.3%
    2002$3,003 +0.7%$138,850 +1.6%
    2001$2,982 +4.4%$136,663 +3%
    2000$2,856 +15.5%$132,683 -0.1%
    1999$2,472 $132,871
    Find assessor info on the county website

    Neighborhood: 33444

    Nearby schools

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    Estimated market value
    $2,557,000
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    Estimated market value
    $2,557,000