Bankers Row,Town of Delray

227 NE 1st Avenue, Delray Beach FL 33444

5 beds · 4 baths · 2,244 ft²

Closed

$2,495,000

Est. Payment $13,279/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Delray Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

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).

9/10/2026Sold$2,495,000
3/26/2025Listed 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

227 NE 1st Avenue, Delray Beach FL 33444Directions

Estimated Monthly Payment

$15,509/mo

Principal & Interest

$13,279

Property Tax

$2,079

Insurance

$150

HOA

$0

20% ($499,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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