$2,695,000

1040 Ocean Terrace Delray Beach, FL 33483

Estimated payment $17,242/month

Total Views 440
4 Beds
3 Baths
2,741 Sq Ft
$983 Price per Sq Ft

Highlights

  • Popular Property
  • Roman Tub
  • High Ceiling
  • In Ground Spa
  • Marble Flooring
  • Pool View

About This Home

Discover the Charm and Sophistication of This Boutique Beach Area Townhome.Experience the perfect blend of casual elegance and coastal charm in this meticulously designed townhome, featuring a newly renovated private pool and spa. Nestled on a tranquil residential street with no through traffic, this home offers an ideal retreat.Key Features:3 Bedrooms + Den | 3 Baths | 1-Car GarageClassic Chicago Brick driveway adds timeless curb appeal.Inspired by British West Indies architecture, with stunning marble and wood flooring throughout.Gourmet kitchen with Corian countertops, designer cabinetry, and a spacious center island.Expansive great room with floor-to-ceiling windows, offering abundant natural light and southern exposure.

Listing Agent

Thomas Reutter

Reutter Investments Inc. License #568777

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $26,506

Year Built

  • Built in 1997

Lot Details

  • 4,169 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2,741 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Awning
  • Great Room
  • Pool Views
  • Home Security System
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Spa
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434616d80000030
  • Seller Considering Concessions

Community Details

Overview

  • 4 Units
  • Gleason Street Townhomes Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$26,506

Year Built

Built in 1997

Lot Details

0

HOA Fees

$20 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Atlantic Avenue to Ocean Blvd, go south to Ocean Terrace
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, High Ceilings, Separate Shower
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Wood
  • Living Area: 2741.0
  • Dining Room Type: Great Room
  • Stories: 2

Exterior Features

  • Exterior Features: Awning(s), Patio
  • View: Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 20.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616d80000030
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 4169.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 26506.0

Multi Family

  • Number Of Units In Community: 4

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,506 $1,397,151 -- --
2023 $25,436 $1,270,137 $0 $0
2022 $23,582 $1,154,670 $0 $0
2021 $21,331 $1,049,700 $0 $1,049,700
2020 $20,704 $1,009,700 $0 $1,009,700
2019 $20,133 $970,700 $0 $970,700
2018 $18,774 $924,396 $0 $924,396
2017 $18,353 $885,492 $0 $0
2016 $18,372 $861,445 $0 $0
2015 $17,938 $812,717 $0 $0
2014 $17,017 $758,989 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $2,695,000 +183.7% $983 / Sq Ft
11/30/2012 11/30/12 Sold $950,000 -4.5% $347 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $995,000 -- $363 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $950,000 Attorney
Warranty Deed $1,250,000 Southeastern Alliance Title
Warranty Deed $605,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $509,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $350,000 Stand Alone First
Previous Owner $300,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11082960

BeachesMLS

APN: 12-43-46-16-D8-000-0030