701 S Ocean Boulevard, Delray Beach, FL 33483 (MLS# R11033961)

701 S Ocean Boulevard, Delray Beach, FL 33483

$59,000,000
Property Type: Residential Bedrooms: 6 Baths: 11 Square Footage: 16,853 Lot Size (sq. ft.): 51,836 Status: Closed
Current Price: $59,000,000 List Date: 11/04/2024 Last Modified: 1/13/2026

Description

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.

Supplements: New Tropical Georgian-Inspired Gated Oceanfront Estate Delray Beach, Florida 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. Luxurious Innovation One expects such exceptional features and finishes as volume detailed ceilings, custom cabinetry and wallpaper, boutique-crafted closets in a bespoke property of this magnitude. Even so, it surprises and delights with such innovative features as the scalloped, glass railed, circular concrete grand staircase; underlit drop tray ceiling with chandelier; stunning freestanding fireplace; and après beach surfboard outdoor shower. Creature Comforts A porte cochere guarantees a comfortably dry arrival. Smarthouse technology delivers fingertip convenience and control. Sliding doors ensure well-served and undisturbed formal dining. Poolside pavilions (air conditioned) with nano doors facilitate indoor/outdoor all-season living. The full cabana bath enables comfort by the pool. Protected Privacy This residence is of a size that ensures personal space, with a plan that assures personal privacy, and built-in safeguards to support security and viability. Come what may, this walled, gated property on a coveted oceanfront lot offers a secure retreat. One where space is luxurious, and the panoramic ocean views daily expand your perspective on what constitutes idyllic living. Location South Ocean Boulevard, Delray Beach, Florida. Historic Delray Beach is a beautifully preserved oceanfront community in the heart of South Florida's famed Gold Coast. This ultraluxury residence, directly fronting 120'± of public ocean beachfront, is situated in a highly coveted location along A1A, midway between Linton and Atlantic Boulevards, just minutes from the eclectic shops, cafes and restaurants that line vibrant Atlantic Avenue. It is barely 10± minutes from Boca Raton's private executive airport, and an easy 25± minute commute to Palm Beach International Airport. Property Truly an idyllic oasis, this gated walled property sits 19.5± feet above sea level on a manicured estate-sized lot of well over an acre, verdantly landscaped with privacy hedges, expansive no-maintenance turf, tropical shrubs, and coconut palms. The residence is set back from its 120± feet of direct Atlantic Ocean beachfront behind protective dunes evocative of The Hamptons. It is introduced by a serpentine drive of Tabby concrete leading to an auto plaza that provides ample guest parking, with additional parking under the porte cochere between the twin two-car garages. The rear entertaining area is comprised of two glass enclosed air-conditioned pavilions. One connects the family room and the other connects the grand salon to the oceanside pool area via French nano doors (accordion fold sliders) that blur the line between indoor/outdoor living. The family room pavilion (pecky cypress ceiling, terazzo floor) has a built-in summer kitchen (Alfresco grill, Scotsman icemaker, mini fridge) for alfresco dining and conversation. Both pavilions open to a resort-style 30' x 60' heated saltwater pool with dual sun shelves. An expansive turf lawn beyond the pool area is framed with hedges that create a privacy barrier without obscuring the breath-taking panoramic ocean view. Residence First Level: This light-infused, open-plan residence is defined by its stellar lines, superb finishes, volume detailed ceilings, high-end cabinetry, top-tier appliances, expansive indoor/outdoor all-season pavilions, and covered balcony. Guests arrive in a 2-story foyer with marble floor and dramatic glass railed grand circular cement staircase. They look directly into a sun-infused grand salon with a stunning freestanding fireplace. At the heart of the residence, the grand salon is bordered by a professional sit-down wet bar and expansive poolside pavilion with endless ocean views. The north wing encompasses a formal dining room for 10, beautifully served by a gourmet chef's island kitchen with custom cabinetry, quartz counters, top-tier Sub-Zero and Wolf appliances, and a spacious walk-in pantry, open to a separate breakfast area and the family room beyond, with accordion sliders to an air conditioned pavilion with full summer kitchen for alfresco ocean/poolside dining, and a cabana bath. Twin two-car garages separated by a porte cochere, bath, laundry, and back staircase complete this wing. The south wing is dedicated to the secluded ocean/pool view primary suite with morning bar, expansive bedroom with under-lit drop ceiling and sliders to the pool, his/hers spa-inspired marble baths (hers with pocket glass doors opening to a free-standing soaking tub perched on a marble base) amid impressive boutique fitted walk-in closets. A powder room, and a second ensuite (usable as a guestroom or private office) complete this wing. Second Level: The second level mirrors the first, with a central loft game room opening to an expansive ocean/pool-view covered balcony; two front-facing guest ensuites; a second laundry; and ocean/pool-view VIP and guest ensuites. Atop the back staircase, over the twin garages, the elongated 1990± square foot bonus room with vaulted ceiling and storage is plumbed for two bathrooms and easily converts to a guesthouse. Special Features: foundation-to-roof concrete structure, La Finestra impact windows/doors, 100 KW whole-house Kohler generator, two 75-gallon hot water heaters, 10 Lennox AC units in main residence and 2 Mitsubishi garage units, volume detailed ceilings, oak/marble/porcelain/tile/terrazzo floors, windows pre-wired for auto blinds, solid core Tru Stile interior doors, elevator, fire sprinklers, smart house technology, top-tier wallpapers, individual bedroom thermostats, two Electrolux utility rooms, full cabana bath, surfboard outdoor shower, glass-tiled 7' deep pool with pebble Brilliance coating has 2 gas heaters. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All Rights Reserved.

More Information MLS# R11033961

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: Yes Listing Contract Date: 2024-11-04 Status: Closed Original List Price: 74000000 Sold Price: $59,000,000 Current Price: $59,000,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Delray Beach Postal Zip: 33483 Geographic Area: PB05 Special Assessment YN: No Country: United States Street Number: 701 Street Direction Prefix: S Street Name: Ocean Street Suffix: Boulevard State Or Province: FL Postal Code: 33483 Subdivision Name: Ocean Boulevard Area: 4140 Parcel Number: 12434621000010080 Zoning: R-1-AA Directions: On the east side (Ocean side) of A1A between Linton and Atlantic Ave.

General Property Information

Community Development District YN: No Living Area Main: 14425 Lot Size Dimensions: 120.0 ft x 367.0 ft Gated Community YN: No Lot Size Area: 51684 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Furnished Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Spa YN: Yes Year Roof Installed: 2023 Property Sub Type: Single Family Residence Bedrooms Total: 6 Bathrooms Total: 11 Bathrooms Full: 9 Bathrooms Half: 2 Building Area Main: 16853 Building Area Source: Plans Year Built: 2023 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 4 Covered Spaces: 4 Lot Size Acres: 1.19 Frontage Length: 120 Waterfront YN: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Membership Fee Required YN: No Tax Annual Amount: 533524 Tax Year: 2024 Tax Legal Description: 21-46-43, S 120 FT OF N 1055 FT OF GOV LT 1 LYG E OF OCEAN BLVD

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2025-10-17T00:32:27Z Major Change Type: Status Change Status Change Date: 2025-10-16 Under Contract Date: 2025-08-26 Close Date: 2025-10-14 Close Price: 59000000

Amenities

None: 1

Dining Area

Family/Dining Combination: 1 Formal Dining: 1 Kitchen Dining: 1 Snack Bar/Counter: 1

Entry Information

Entry Location: Entry Level Living Area Y

Exterior Features

Built-in Barbecue: 1 Outdoor Shower: 1 Summer Kitchen: 1

Flooring

Carpet: 1 Marble: 1 Terrazzo: 1 Wood: 1

Parking Features

Decorative: 1 Driveway: 1 Garage Door Opener: 1 Attached Garage: 1 Garage: 1

Property Condition

New Construction: 1

Short Sale Details

Short Sale Addendum: No

Spa Features

In Ground: 1

Other Structures

Cabana: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Heating

Central: 1

Water View

Ocean: 1

Window Features

Storm Window(s): 1

Appliances

Dishwasher: 1 Dryer: 1 Gas Range: 1 Oven: 1 Refrigerator: 1

Construction Materials

CBS: 1

Interior Features

Cabana Bath: 1 Elevator: 1 Entrance Foyer: 1 Kitchen Island: 1 Upstairs Living Area: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Inside: 1 Laundry Closet: 1 Laundry Tub: 1

Listing Terms

Cash: 1

Pool Features

Gunite: 1 Heated: 1 In Ground: 1

Roof

Concrete: 1 Metal: 1 Tile: 1

Security Features

Security System: 1 Security System Owned: 1 Smoke Detector(s): 1

Water Source

Public: 1

Waterfront Features

Directly on Sand: 1 Ocean Front: 1

Architectural Style

Traditional: 1

Cooling

Central Air: 1

Showing Requirements

Appointment Only: 1 Listing Agent Must Accompany: 1 See Remarks: 1

Main Level Rooms

Main Level Bathrooms: 6 Main Level Bedrooms: 2

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Ground: 1 Master Bdrm - Sitting: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete Permanent Generator: Whole House

Tax Information

City/County: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1

Patio Details

Patio - Open: 1

Contingencies

None: 1

Room Types

Bedroom 2: 1 Bedroom 2 Level: First Bedroom 3: 1 Bedroom 3 Level: Second Bedroom 4: 1 Bedroom 4 Level: Second Bedroom 5: 1 Bedroom 5 Level: Second Dining Room: 1 Dining Room Level: First Great Room: 1 Kitchen: 1 Kitchen Level: First Laundry: 1 Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 4090.12 Original List Price To Close Price: 1.25

Acreage Description

1 To Less Than 2 Acre Lot: 1

Originating Details

Originating System Key: 20241014134132780947000000 Originating System ID: M00000170

Property Features

Dining Area: Family/Dining Combination; Formal Dining; Kitchen Dining; Snack Bar/Counter Exterior Features: Built-in Barbecue; Outdoor Shower; Summer Kitchen Flooring: Carpet; Marble; Terrazzo; Wood Parking Features: Decorative; Driveway; Garage Door Opener; Attached Garage; Garage Property Condition: New Construction Spa Features: In Ground Appliances: Dishwasher; Dryer; Gas Range; Oven; Refrigerator Architectural Style: Traditional Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Cabana Bath; Elevator; Entrance Foyer; Kitchen Island; Upstairs Living Area; Walk-In Closet(s); Wet Bar Laundry Features: Inside; Laundry Closet; Laundry Tub Listing Terms: Cash Other Structures: Cabana Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Gunite; Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Concrete; Metal; Tile Security Features: Security System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Tax Information: City/County Utilities: Natural Gas Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Directly on Sand; Ocean Front Window Features: Storm Window(s) Showing Requirements: Appointment Only; Listing Agent Must Accompany; See Remarks Outdoor Living Spaces: Balcony; Patio Patio Details: Patio - Open Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: 1 To Less Than 2 Acre Lot

Room Information

Living Room Length: 36.00 Length: 36.00 Width: 24.00 Width: 24.00 Level: First Kitchen Length: 21.00 Length: 21.00 Width: 18.00 Width: 18.00 Level: First Master Bedroom Length: 19.00 Length: 19.00 Width: 17.80 Width: 17.80 Level: First Dining Room Length: 18.80 Length: 18.80 Width: 15.00 Width: 15.00 Level: First Bedroom 2 Length: 15.00 Length: 15.00 Width: 13.00 Width: 13.00 Level: First Bedroom 3 Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Level: Second Bedroom 4 Length: 22.00 Length: 22.00 Width: 16.00 Width: 16.00 Level: Second Bedroom 5 Length: 16.00 Length: 16.00 Width: 16.00 Width: 16.00 Level: Second Great Room Laundry
Listing Office: Premier Estate Properties, Inc
IDX
Last Updated: January - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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