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248 NE 1st Avenue, Delray Beach, FL 33444 (MLS# R11099622)

248 NE 1st Avenue, Delray Beach, FL 33444

$2,500,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,372 Status: Closed
Current Price: $2,500,000 List Date: 6/29/2025 Last Modified: 5/13/2026

Overview

Description

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.

Listing Details MLS# R11099622

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
4
Bathrooms Total
3
Bathrooms Full
3
Building Area Main
3372
Building Area Source
Public Records
Living Area Main
2724
Year Built
1925
Gated Community YN
No
Lot Size Area
10425
Lot Size Acres
0.24
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Fireplace YN
Yes
Pool Private YN
No
Year Roof Installed
2024

Property Features

Dining Area: Breakfast Area; Florida/Dining Combination Electric: Three Phase Exterior Features: Custom Lighting Flooring: Wood Guest House Features: 1 Bath; 1 Bedrooms; Kitchen Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Refrigerator; Washer; Water Heater Water Heater Details: Gas Water Heater Architectural Style: Other Construction Materials: CBS; Frame; Stucco Cooling: Central Air; Other Fencing: Fenced Heating: Electric Interior Features: French Doors; High Ceilings; Kitchen Island; Pantry; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional; Owner Will Carry Lot Features: Corner Lot; Room for Pool Membership: Other Membership Available Other Structures: Cottage Pets Allowed YN: Yes Pets Allowed: No Restrictions Restrictions: Historic Designation; Daily Rates Roof: Barrel Sewer: Public Sewer Special Information: Home Warranty; Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Arched; Bay Window(s); Plantation Shutters; Storm Window(s) Showing Requirements: Appointment Only; Listing Agent Must Accompany; Schedule Online; Supra Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Patio Details: Patio - Open Contingencies: None Contributions Detail: Closing Costs Room Types: Great Room; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3250000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
248
Street Direction Prefix
NE
Street Name
1st
Street Suffix
Avenue
City Name
Delray Beach
State Or Province
FL
Postal Code
33444
Postal Zip
33444
Subdivision Name
DELRAY TOWN OF (DOWNTOWN DELRAY BEACH)
Area
4360
Geographic Area
PB06
Special Assessment YN
No
Parcel Number
12434616010660091
Zoning
OSSHAD
Directions
SE corner of NE 1st Ave and NE 3rd St. One block east of Swinton and 2 blocks north of Old School Square.

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
35957.3
Tax Year
2024
Tax Legal Description
TOWN OF DELRAY LT 9 (LESS E 5 FT NE 1ST AVE R/W) & N 25 FT OF LT 10 (LESS E 5 FT NE 1ST AVE R/W) BLK 66 & E 1/2 OF 16 FT

Status Change Information

Major Change Timestamp
2025-08-08T16:11:26Z
Major Change Type
Status Change
Status Change Date
2025-08-08
Under Contract Date
2025-07-23
Close Date
2025-08-06
Close Price
2500000
Buyer Financing
Cash

More Information

Parking Information

Open Parking Spaces
2

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Storm Protection

Impact Glass
Partial
Other Protection
Partial

Showing Details

Pet(s) on Premises
No

Buyer Details

Intended Use
Primary Residence

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
Yes
Buyer Contributions Amount
200000

Room Types

Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Upper
Great Room
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
917.76
Original List Price To Close Price
1.3

Originating Details

Originating System Key
20250609211408321243000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Beach Club Available
Yes
Dog Park
Yes
Jogging Path
Yes
Park
Yes
Sidewalks
Yes

Dining Area

Breakfast Area
Yes
Florida/Dining Combination
Yes

Electric

Three Phase
Yes

Exterior Features

Custom Lighting
Yes

Flooring

Wood
Yes

Guest House Features

1 Bath
Yes
1 Bedrooms
Yes
Kitchen
Yes

Property Condition

Resale
Yes

Fencing

Fenced
Yes

Other Structures

Cottage
Yes

Sewer

Public Sewer
Yes

Special Information

Home Warranty
Yes
Sold As-Is
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Garden
Yes

Heating

Electric
Yes

Sprinkler Description

Auto Sprinkler
Yes
Zoned Sprinkler
Yes

Water Access

None
Yes

Window Features

Arched
Yes
Bay Window(s)
Yes
Plantation Shutters
Yes
Storm Window(s)
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

CBS
Yes
Frame
Yes
Stucco
Yes

Interior Features

French Doors
Yes
High Ceilings
Yes
Kitchen Island
Yes
Pantry
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner Will Carry
Yes

Lot Features

Corner Lot
Yes
Room for Pool
Yes

Roof

Barrel
Yes

Water Source

Public
Yes

Water Heater Details

Gas Water Heater
Yes

Architectural Style

Other
Yes

Cooling

Central Air
Yes
Other
Yes

Showing Requirements

Appointment Only
Yes
Listing Agent Must Accompany
Yes
Schedule Online
Yes
Supra
Yes

Master Bedroom/Bath

Master Bdrm - Upstairs
Yes

Membership

Other Membership Available
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

No Restrictions
Yes

Restrictions

Historic Designation
Yes
Daily Rates
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Open
Yes

Patio Details

Patio - Open
Yes

Contingencies

None
Yes

Contributions Detail

Closing Costs
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes

Room Information

Room Name Length Width Level Remarks
Living Room 22.00 15.00 Main Estimate - please verify
Kitchen 17.00 12.00 Main Estimate - please verify
Master Bedroom 18.00 15.00 Upper Estimate - please verify
Great Room
Laundry
Listing Office: Keller Williams Coastal Partners
IDX
Last Updated: May - 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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