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  • $15,716,500

    978 Gardenia Dr, Delray Beach, FL 33483

    9beds
    18,100sqft
    SingleFamily
    Built in 2003
    0.54 Acres Lot
    $15,716,500 Zestimate®
    $868/sqft
    $80,145 Estimated rent

    Home value

    $15,716,500

    $12.73M - $19.02M

    $80,145/mo

    Zestimate® history
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    $107,026/mo

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    What's special

    "Villa Magnifico" Call Sergio Commissso, JSM Realty Services, at 561-929-7482 for more details or to schedule a private tour. A true masterpiece of Venetian / Mediterranean design, this spectacular, double point lot, Intracoastal Estate is situated within a magnificent setting in one of East Delray Beach’s most prestigious waterfront communities. The gated and lushly landscaped grounds encompass over a 1/2 acre, representing one of the community’s largest deepwater properties. Spanning 365+/- feet of waterfront, the property’s deepwater shoreline showcases spectacular south east views of the Intracoastal Waterway including ocean views from the 2000 square foot, fully equipped, rooftop patio bar & terrazzo. This rare lot encompasses a vast protected, Mega Yacht or Multiple Vessel, fully powered and equipped marble dockage with Yacht compatible generators. A boat lift and a jet ski lift are currently in place however the property can accommodate up to a 200+/- foot Mega Yacht (230 feet on South end plus 135 feet on East end). Boasting nearly 16,000 living square feet with 7 bedrooms, 9 full and 5 half baths, a 5 Car Garage, private guest, staff or Captains quarters, custom mahogany office with Intracoastal views, a gorgeous veranda & cabana bath off pool with Steam Shower, Full Home Creston “Smart” Media & Security System, backup generator, fitness room, massage room & sooo much more! Superb finishes of imported granites, marbles, onyx and mother of pearl along with beautifully designed, custom woodwork, arches and ceilings are found throughout the entire residence. Architecturally designed by world renowned architect, Shane Ames, abundant in Old World details, this palatial, fully gated compound is comprised of 22,371 total square feet, affording distinctive living and entertaining in supreme elegance and luxury. The property is being offered fully furnished and turnkey including all of the exquisite, custom made furnishings, artwork and electronics that compliment this tastefully and professionally decorated home. Entered through stately iron gates to a large motor court, the estate is lushly landscaped with manicured tropical plantings and palm trees. The dramatic grand foyer introduces the three story soaring stair case and a 40+ foot chandelier that delicately hovers the centered, marble Italian fountain which leads into the grand living room with coffered ceilings, arched windows, a hand carved, marble fireplace and incredible water views. Designed for the ultimate gourmet chef, the main kitchen is augmented by copper ceilings, exquisite cabinetry & granite counter tops, a Wolf 6 burner gas stove, double Sub Zero refrigerators, 2 double ovens & warmers, 2 dishwashers, butler’s pantry, wine cooler and large dry storage pantry.First floor lavish entertaining areas include an elegant formal dining room with Venetian plastered ceiling that seats 18, state-of-the-art, European Style Mahogany Pub / Media Room, Grand Living Room, Resort-style pool / spa, a huge loggia with Pecky Cypress ceilings, full summer kitchen, full bar, two grills, custom mounted TV’s and a romantic custom marble fireplace for an outdoor entertaining experience like no other! The seven bedrooms include a grand master suite with incredible water views and terrace, his & hers separate baths and closets, five en-suite bedrooms along with a separate, self contained, spacious guest house or staff quarters with full kitchen, bedroom, living room & 2 terraces. Just a short bike ride to the beach, 978 Gardenia Drive, Delray Beach, FL (Tropic Isle) is Delray Beach’s signature waterfront address of prestige in a prime location. Majestically designed with elaborate attention to every detail & no expense spared, this one of a kind, rare & unique, Fully Furnished & Turn Key, 1/2 acre +, Intracoastal Double Point, Palatial Venetian-Style Estate offering protected Mega-Yacht dockage, a phenomenal location is the true definition of Magnificence!!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 15
    • Full bathrooms: 11
    • 1/2 bathrooms: 4
    Heating
    • Forced air, Electric
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: None
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total interior livable area: 18,100 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Garage - Attached, On-street
    Features
    • Exterior features: Other
    • Has spa: Yes
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.54 Acres
    Details
    • Parcel number: 12434628030003080

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2003

    Community & HOA

    Community
    • Features: Doorman
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $868/sqft
    • Tax assessed value: $12,097,974
    • Annual tax amount: $219,188

    Price history

    DateEventPrice
    12/1/2021Sold$10,500,000-4.4%$580/sqft
    Source: BeachesMLS #R10709875 Report a problem
    11/23/2021Pending sale$10,985,000$607/sqft
    Source: BeachesMLS #RX-10709875 Report a problem
    11/8/2021Contingent$10,985,000$607/sqft
    Source: BeachesMLS #RX-10709875 Report a problem
    10/12/2021Listed for sale$10,985,000-8.5%$607/sqft
    Source: BeachesMLS #RX-10709875 Report a problem
    1/20/2021Listing removed$12,000,000$663/sqft
    Source: BeachesMLS #RX-10550134 Report a problem
    11/21/2020Listing removed$59,000$3/sqft
    Source: Lang Realty/Delray Beach #RX-10658875 Report a problem
    9/29/2020Listed for rent$59,000$3/sqft
    Source: Lang Realty/Delray Beach #RX-10658875 Report a problem
    6/25/2020Price change$12,000,000-7.3%$663/sqft
    Source: Lang Realty/Delray Beach #RX-10550134 Report a problem
    7/29/2019Listed for sale$12,950,000+30.2%$715/sqft
    Source: Lang Realty/Delray Beach #RX-10550134 Report a problem
    7/30/2015Listing removed$9,950,000$550/sqft
    Source: ONE Sotheby's International Realty Report a problem
    7/26/2015Listed for sale$9,950,000-5.2%$550/sqft
    Source: One Sotheby's International Realty Report a problem
    8/20/2013Listing removed$10,500,000$580/sqft
    Source: JSM Realty Services, Inc. Report a problem
    5/4/2013Listed for sale$10,500,000+5.5%$580/sqft
    Source: JSM Realty Services, Inc. Report a problem
    3/8/2013Listing removed$9,950,000$550/sqft
    Source: One Sotheby's International Realty Report a problem
    2/12/2013Listed for sale$9,950,000+4.2%$550/sqft
    Source: One Sotheby's International Realty Report a problem
    12/31/2012Sold$9,550,000-9%$528/sqft
    Source: Agent Provided Report a problem
    6/15/2012Price change$10,500,000-8.7%$580/sqft
    Source: Prudential Florida Realty #F1165351 Report a problem
    5/14/2012Price change$11,499,000+9.5%$635/sqft
    Source: JSM Realty Services, Inc. Report a problem
    12/10/2011Price change$10,500,000-8.7%$580/sqft
    Source: Prudential Florida Realty #F1165351 Report a problem
    9/17/2011Listed for sale$11,499,000+15%$635/sqft
    Source: JSM Realty Services, Inc. Report a problem
    6/9/2011Listing removed$9,997,000$552/sqft
    Source: The Corcoran Group #6178 Report a problem
    2/28/2011Listed for sale$9,997,000-13.1%$552/sqft
    Source: The Corcoran Group #6178 Report a problem
    12/25/2010Listing removed$11,500,000$635/sqft
    Source: Illustrated Properties Real Estate #R3094790 Report a problem
    5/23/2010Price change$11,500,000-22.8%$635/sqft
    Source: TLC Realty Group, Inc. #R3094790 Report a problem
    3/20/2010Price change$14,900,000-6.3%$823/sqft
    Source: TLC Realty Group, Inc. #R3094790 Report a problem
    2/19/2010Listed for sale$15,900,000-5.9%$878/sqft
    Source: FLORIDA REALTY OF MIAMI Report a problem
    5/28/2009Listing removed$16,900,000+686%$934/sqft
    Source: Luxury Real Estate #775558 Report a problem
    6/12/2001Sold$2,150,000$119/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$219,188 +8.1%$11,686,552 +10%
    2024$202,824 +10.7%$10,624,138 +10%
    2023$183,172 +0.5%$9,658,307 +3.3%
    2022$182,248 -17.6%$9,348,499 -14.6%
    2021$221,070 +4.6%$10,949,004 +5.5%
    2020$211,406 +0.2%$10,378,170 +1.8%
    2019$210,896 $10,193,353 +10.1%
    2018$210,896 +13%$9,255,957 -1%
    2017$186,597 -3%$9,351,939 +0.2%
    2016$192,354 -2.6%$9,333,599 +6.8%
    2015$197,548 +11.8%$8,739,603 +10%
    2014$176,652 -2.8%$7,945,094 -2.4%
    2013$181,734 +13.7%$8,136,788 +16.7%
    2012$159,793 -2.7%$6,971,473 -0.9%
    2011$164,310 -3.2%$7,035,957 -2.5%
    2010$169,755 -6.1%$7,215,335 -9%
    2009$180,760 +12.8%$7,932,557 +1%
    2008$160,231 -2.4%$7,850,280 -4%
    2007$164,191 -4.1%$8,181,060 +5.2%
    2006$171,162 $7,780,228 -5.3%
    2005-- $8,215,194 +6.7%
    2004$114,534 +72389.9%$7,702,148 +327.8%
    2003$158 -99.6%$1,800,525
    2002$43,507 +231.9%$1,800,525 +223.3%
    2001$13,107 +4.3%$556,970 +3%
    2000$12,572 +5.7%$540,748 +2.5%
    1999$11,898 $527,782
    Find assessor info on the county website

    Neighborhood: Tropic Isle

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pine Grove Elementary School
    • Middle: Boca Raton Community Middle School
    • High: Boca Raton Community High School

    Source: The MLS. 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
    $15,716,500
    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
    $15,716,500