NOT LISTED FOR SALE

1177 George Bush Blvd Unit 201 Delray Beach, FL 33483

Gulfstream Neighborhood

Estimated Value: $2,135,000

3 Beds
3.5 Baths
1,978 Sq Ft
$2,571/mo HOA Fee

Last Sold November 22, 2024

Last sale price $2,400,000 $1,213 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $16,622/month

216 Days on Market

Highlights

  • Fitness Center
  • Garden View
  • High Ceiling
  • New Construction
  • Sauna
  • Community Pool

About This Home

As of November 2024

Modern Marvel awaits at 1177 Moderne. Located on George Bush Blvd in Delray Beach, steps from the beach and a few blocks from vibrant Atlantic Ave and Pineapple Grove. This most desirable ''A'' stack unit has a wrap around balcony and an abundance of sunlight. Outdoor amenities include a Spectacular Water Feature Entrance, Secured Lobby Entrance, Exquisite Resort Style Pool with spa/hot tub, Spa Building with Sauna, Steam Room, Massage Room. Private Pool Cabana and Private Storage, Air Conditioned Bike Room, 2 Parking Spots,Dog Park/Run Pavilion,BBQ Area,Fire Pit Sitting Area. Bosch appliances, Lutron Ready, Quartz Countertops complete this modern classic design for a fabulous Florida lifestyle. Live your best life at 1177 Moderne

Last Listed By

Michele Lawlor

The Corcoran Group License #3558905 Listed on: 04/18/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $107,841

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.38

HOA Fees

  • $2,571 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

  • Garden
  • Pool

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12434609390000303

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), reserve fund, roof
  • 1177 Moderne Subdivision

Amenities

  • Sauna
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$107,841

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$2,571 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2024
  • Entry Level: 2
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Elevator, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1978.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Two or More Spaces

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2571.0
  • Community Features: Non-Gated, Pool, Sauna
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Pool, Sauna, Spa/Hot Tub, Storage, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Roof

Lot Info

  • Parcel #: 12434609390000303
  • Lot Size: 1 to < 2 Acres
  • Zoning Description: SAD(CI

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Oct 1, 2024
Sold by
308 Moderne Llc
Bought by
Lauris N Molbert Trust and Molbert
Seller's Agent
Michele Lawlor
The Corcoran Group
Buyer's Agent
Non-Member Mls Agent
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Total Days on Market
216
Views
20
Current Estimated Value
$2,135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$265,000
Avg. Annual Appreciation
222.19%
Original Mortgage
$1,676,500
Outstanding Balance
$1,669,619
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$2,253,381

Purchase Details

Closed on
Jun 18, 2020
Sold by
Interloc Llc
Bought by
Gb 1177 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2012
Sold by
Sea Ray Development Corp
Bought by
Interloc Inc

Purchase Details

Closed on
Aug 6, 2012
Sold by
Hhh Bush Building Llc
Bought by
Interloc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,458,800
Interest Rate
3.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 28, 2006
Sold by
Commercial Pif Llc
Bought by
Hhh Bush Building Llc

Purchase Details

Closed on
Nov 29, 2000
Sold by
Sea Ray Dev Corp
Bought by
Commercial Pif Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 1993
Sold by
Suncoast Sav & Loan Assn
Bought by
Sea Ray Dev Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.48%
Mortgage Type
Commercial

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lauris N Molbert Trust $2,620,000 Crystal Title & Escrow
Gb 1177 Llc $5,000,000 Attorney
Interloc Inc -- Attorney
Interloc Inc $5,050,000 Attorney
Hhh Bush Building Llc $5,000,000 None Available
Commercial Pif Llc $2,200,000 --
Sea Ray Dev Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvadore Elisabeth $1,676,500
Previous Owner Salvadore Elisabeth $1,676,500
Previous Owner Cliffway Trust $1,431,500
Previous Owner Gillin Matthew $1,606,500
Previous Owner Dace Consulting Llc $1,745,250
Previous Owner Raden Paul $1,495,000
Previous Owner Mb3 Delray Llc $1,760,000
Previous Owner Kathleen Mcnicholas Entwistle $1,671,650
Previous Owner Gb 1177 Llc $2,500,000
Previous Owner Interloc Inc $3,458,800
Previous Owner Hhh Bush Building Llc $5,400,000
Previous Owner Commercial Pif Llc $1,540,000
Previous Owner Sea Ray Dev Corp $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $2,400,000 -10.9% $1,213 / Sq Ft
04/19/2024 04/19/24 For Sale $2,695,000 -- $1,362 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

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 $107,841 $5,628,646 -- --
2023 $104,299 $5,116,951 $5,832,490 $231,269
2022 $92,899 $4,651,774 $0 $0
2021 $86,729 $4,228,885 $4,033,714 $195,171
2020 $122,416 $5,688,590 $2,667,842 $3,020,748
2019 $119,192 $5,458,595 $2,540,981 $2,917,614
2018 $113,600 $5,301,499 $2,466,744 $2,834,755
2017 $111,061 $5,166,942 $2,349,280 $2,817,662
2016 $103,229 $4,559,843 $0 $0
2015 $100,375 $4,273,599 $0 $0
2014 $93,565 $3,885,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10979819

BeachesMLS

APN: 12-43-46-09-39-000-0303