1111 S Ocean Blvd, Delray Beach, FL 33483 is For Sale

1111 S Ocean Blvd, Delray Beach, FL 33483

7 beds, 10.5 baths, 19,364 sqft
For Sale
$17,995,000
Zestimate®: $13,108,480
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Underscoring the transformative beauty of nature and architecture, this serene oceanfront masterwork embodies the principles of design espoused by Frank Lloyd Wright, widely considered the greatest architect of the 20th century. Sheltering rooflines and multi-level garden terraces reinforce the intimate connection of the residence with its landscape, an alluring oasis elevated high above the ocean in Delray Beach's estate section. Zen-like tranquility fills this sublime modern classic designed by noted architect Randall Stofft and constructed in 2005 by high-end custom builder Terry Cudmore. Fine natural materials are crafted with artistic vision, rendering each detail an object of beauty. Arranged on three levels, the expansive nearly 15,000-square-foot living space is tempered with an intuitive sense of scale. Carefully selected turn-key furnishings, imported from around the world, add to the overall feeling of unity and elegant ease. Glass walls beckon to the outdoors, where lounge terraces center on an exquisite pool with river-like waterfall in the absolutely mesmerizing backdrop of open ocean vistas and the sounds of the surf. Location South Ocean Boulevard, Delray Beach, Florida. Delray Beach is renowned for its award-winning beaches and vibrant downtown district combining Old Florida charm with cosmopolitan shopping and dining. Property Directly on 120± feet of prime oceanfront, this lushly landscaped Delray Beach estate sits above the high dunes and is secluded behind 8-foot-high privacy walls. A gated entry serves the brick motor court and side drive to the car collector's 8-12 bay garage. Overlooking the ocean, extensive multi-level terraces with striking night lighting set the stage for outdoor entertaining. A meandering waterfall spills into the heated spa and pool, next to the cabana with full summer kitchen and bath. A dune pathway leads onto the sands. Residence This masterfully custom-designed residence showcases a wealth of stunning details and turn-key furnishings, and encompasses a total of 19,364± square feet on 3 levels with commercial-size elevator, 7 bedrooms, 10 full and 4 half baths. Myriad special features include the Japanese clay tile roof, Icynene attic insulation, multi-faceted security system, 3-zone Trane air conditioning with ultra-violet purifier, 4 120-gallon Rheem water heaters, Lutron lighting, Crestron electronics, indoor/outdoor sound system, central vacuum system, and generator. Other features include Weather Shield impact-glass windows and exterior doors, Italian interior doors, and architectural ceiling treatments. Main level: Italian double doors enter the dramatic 24-foot-high foyer appointed with travertine flooring and copper spot lighting. Ocean views open through glass doors transitioning into the elegant window-walled living room with architecturally designed cross-beamed ceiling and surround-sound system. Glass doors promote an open flow to the oceanfront lanai and patio. Banks of windows lining the formal dining room overlook the front garden patio. Adjacent is a full-service butler's pantry with wine storage. Unifying form and function, the epicurean's kitchen features Neff cabinetry, granite counters and backsplashes, 2 islands, 2 copper sinks, a Sub-Zero refrigerator/freezer, Sub-Zero refrigerator drawers, 2 Maytag dishwashers, Thermador double ovens and microwave, Miele glass range with RangeCraft copper hood, and Miele steamer. Ocean views fill the angled window walls in the breakfast area which leads to the lanai. Also leading to the oceanfront lanai, the game room features Guatambu wood flooring, a built-in wet bar, professional-size pool table, and planetarium-themed barrel ceiling. Two private offices face the front gardens. Three powder rooms and a laundry/utility room serve this level. Opening to a private oceanfront patio, the serene master suite features a sitting area, 2 walk-in closets, and 2 spa-style travertine baths, one with a sunken jetted tub under a stai  MoreLess
Facts
  • Lot: 1.14 acres
  • Single Family
  • Built in 2005
  • 1402 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jan 2001 for $50,000
  • Price/sqft: $929
  • MLS #: RX-3146327
Features
  • Elevator
  • Parking: 3167 sqft
  • Pool
  • View: Water
Appliances Included
  • Dishwasher
  • Dryer
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer
Construction
  • Construction quality: 10.0
  • # Stories: 3.0
Other
  • Floor size: 19,364 sqft
  • Heating: Electric
  • Last remodel year: 2005
  • Laundry: In Unit
  • Lot depth: 282
  • Lot width: 120
  • Parcel #: 12434621710000030
  • Zillow Home ID: 71095984
Home Values
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$13,108,480
-$1,537,081 Last 30 daysd
$12.1M
$14.8M
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$18,868/mo
-$1,251 Last 30 daysd
$1.3K
$24K
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Neighborhood for 1111 S Ocean Boulevard

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Zillow predicts 33483 home values will increase 0.7% next year, compared to a 4.1% increase for Delray Beach as a whole. Among 33483 homes, this home is 4204% more expensive than the midpoint (median) home, and is priced 234.2% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 33483 market, the number of foreclosures waiting to be sold fell 29.2% in the last year. The number of unsold foreclosures is 52.8% lower than in Delray Beach, and 25.4% lower than the national average. This lower local number could help 33483 home values rise more quickly than other regions in Delray Beach.

Learn more about forecast calculations or 33483 home values.
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    1. 969 S Ocean Blvd, Delray Beach, FL 33483

      Sold on 12/17/2013: $13,525,000

      • Beds: 6
      • Sqft: 14679
      • Baths: 7.3
      • Lot: 2 ac
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