Bankers Row,Town of Delray
227 NE 1st Avenue, Delray Beach FL 33444
5 beds · 4 baths · 2,244 ft²
$2,495,000
Est. Payment $13,279/mo
5
Bedrooms
4
Bathrooms
2,244
Sq. Ft.
1937
Year Built
1
Stories
33
Days on Market
Description
An EXCEPTIONAL & RARE offering: a meticulously renovated 1938 historic residence,complemented by a separate guest cottage, nestled on the prestigious 'Bankers Row' of Delray Beach. This unparalleled property, has 4 bedrooms & 3 baths in the main home, plus a 1-bedroom, 1-bath guest cottage, all steps from Atlantic Ave & Pineapple Grove. The main house features hurricane-impact glass, elegant tile-wood flooring, an open kitchen w/ gas appliances, a spacious walk-in pantry, dry bar, & a fenced-in backyard with pet-friendly artificial grass. The charming guest cottage, renovated in 2017 with luxury vinyl flooring, presents a proven rental opportunity! A unique blend of historic elegance and contemporary luxury in one of Delray Beach's most coveted locations! ROOM FOR A POOL! Parallel parking is available in front of the house on 1st Avenue, in the driveway adjacent to the guest house/cottage (can hold up to 4 cars), and in the Bankers Row parking lot with 2 electric car charging stations. Guest house cottage is actively rented and has over 30 5-star reviews on VRBO. Wall-mounted TVs and 4 ring cameras stay. Ring security on doors and windows as well. Primary Bedroom has 2 walk-in closets with built-ins. Primary Bathroom has large shower and 2 sinks. Electric shades in main areas. Backyard wraps around with great space, including Japanese Fern trees (wind-resistant), 2 outdoor storage closets. Furniture is negotiable.
Facts
- MLS#
- R11075142
- Subdivision
- Bankers Row,Town of Delray
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 7,405 ft²
- Sq. Ft.
- 2,244 ft²
- Sq. Mt.
- 208 m²
- Price per sq. ft.
- $1,112/ft²
- Price per sq. mt.
- $11,995/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 33 days
- Listed
- Mar 26, 2025
- Last Updated
- Sep 10, 2026
- Price/Lot Sq.Ft.
- $337/ft²
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Market insights for Delray Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
42
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 9/10/2026 | Sold | $2,495,000 |
| 3/26/2025 | Listed for sale | $2,495,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$15,509/mo
Principal & Interest
$13,279
Property Tax
$2,079
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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