1240 Seaspray Avenue, Delray Beach, FL 33483
$7,050,000
Property Type:
Land & Docks
Lot Size (sq. ft.):
38,768
Status:
Closed
Current Price:
$7,050,000
List Date:
5/09/2017
Last Modified:
1/24/2026
Overview
Description
Opportunity to purchase two oceanfront lots in multimillion dollar area with an existing structure in need of repair just north of Atlantic Avenue in highly desirable Delray Beach location. Potential to build two homes (one oceanfront and one dry lot (1240 Seaspray)) without subdividing. 344 N. Ocean Blvd. is included in sale with 1240 Seaspray.
Listing Details MLS# F10066980
General Property Information
- Property Sub Type
- Unimproved Land
- Number Of Lots
- 2
- Lot Size Acres
- 0.88
- Lot Size Square Feet
- 38768
- Lot Size Dimensions
- 38760
- Additional Parcels Description
- 12434616240000280
- Waterfront YN
- Yes
- Water Frontage Feet
- 143
- Direction Faces
- East
- LP/Assessed Value
- 8.74
- LP/SqFt
- 245.02
Property Features
Current Use:
Check Land Use Plan; Residential; Single Family
Development Status:
Other
Location of Property:
Corner Unit
Other Structures:
Other
Possession:
Negotiable
Possible Use:
Single Family
Trees:
Other
Vegetation:
Other
Listing Terms:
Other
Lot Features:
Other
Road Frontage Type:
Public Road
Road Surface Type:
Paved
Water Access:
Other
Water View:
Ocean
Waterfront Features:
Ocean Front
Showing Requirements:
See Remarks
Contingencies:
Inspection
Acreage Description:
1/2 To Less Than 1 Acre Lot
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2017-05-09
- Original List Price
- 9499000
- LP/Acre
- 10794318.18
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 1240
- Street Name
- Seaspray
- Street Suffix
- Avenue
- City Name
- Delray Beach
- State Or Province
- FL
- Postal Code
- 33483
- Postal Code +4
- 7142
- Postal Zip
- 33483
- Subdivision Name
- Sea Spray Estates
- Area
- 4140
- Geographic Area
- PB02
- Parcel Number
- 12434616240000270
- Zoning
- R-1-AAA
Financial Information
- Tax Year
- 2016
- Tax Annual Amount
- 19780
- Tax Assessed/SOH Value
- 1086691
- Tax Legal Description
- SEA SPRAY ESTATES LT 27
- Assessor Market Value
- 1086691
Status Change Information
- Major Change Timestamp
- 2017-10-18T19:30:19Z
- Major Change Type
- Status Change
- Status Change Date
- 2017-10-19
- Under Contract Date
- 2017-07-22
- Close Date
- 2017-10-18
- Close Price
- 7050000
- Buyer Financing
- Cash
- SP/Acre
- 8011363.64
More Information
Short Sale Details
- Short Sale Addendum
- No
Listing Terms Description
- Listing Terms Description
- Cash, Finance, As-Is
Concessions
- Seller Concessions
- No
Price Calculations
- Current Price To SqFt
- 181.85
- Original List Price To Close Price
- 0.74
Section Details
- Parcel Number MLX
- 0270
Originating Details
- Originating System Key
- 437775060
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- FLL
Current Use
- Check Land Use Plan
- Yes
- Residential
- Yes
- Single Family
- Yes
Development Status
- Other
- Yes
Location of Property
- Corner Unit
- Yes
Other Structures
- Other
- Yes
Possession
- Negotiable
- Yes
Possible Use
- Single Family
- Yes
Trees
- Other
- Yes
Vegetation
- Other
- Yes
Water Access
- Other
- Yes
Water View
- Ocean
- Yes
Listing Terms
- Other
- Yes
Lot Features
- Other
- Yes
Road Frontage Type
- Public Road
- Yes
Road Surface Type
- Paved
- Yes
Waterfront Features
- Ocean Front
- Yes
Showing Requirements
- See Remarks
- Yes
Contingencies
- Inspection
- Yes
Acreage Description
- 1/2 To Less Than 1 Acre Lot
- Yes
Listing Office:
The Keyes Company
Last Updated: January - 24 - 2026
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