DELRAY TOWN OF (DOWNTOWN D

248 NE 1st Avenue, Delray Beach FL 33444

4 beds · 3 baths · 2,724 ft²

Closed

$3,250,000

Est. Payment $17,298/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

2,724

Sq. Ft.

1925

Year Built

2

Stories

24

Days on Market

Description

On historic Bankers Row just off Atlantic Ave, this 1925 Mizner-style estate offers timeless elegance and modern luxury. The 3BR/2BA main home features impact windows, a new barrel tile roof, and curated designer finishes. A detached 1BR/1BA guest cottage with private entrance and kitchenette provides space for guests or rental income. Gated and walled for privacy, the lush grounds include a stone courtyard, tranquil fountain, and a majestic century-old banyan. A rare offering in Delray's most coveted historic district.

Facts

MLS#
R11099622
Subdivision
DELRAY TOWN OF (DOWNTOWN D
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1925
Lot Size
10,454 ft²
Sq. Ft.
2,724 ft²
Sq. Mt.
253 m²
Price per sq. ft.
$1,193/ft²
Price per sq. mt.
$12,846/m²
Stories
2
Garage
Pool
Days on Market
24 days
Listed
Jun 16, 2025
Last Updated
Sep 9, 2026
Price/Lot Sq.Ft.
$311/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).

8/12/2026Sold$3,250,000
6/16/2025Listed for sale$3,250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

248 NE 1st Avenue, Delray Beach FL 33444Directions

Estimated Monthly Payment

$20,156/mo

Principal & Interest

$17,298

Property Tax

$2,708

Insurance

$150

HOA

$0

20% ($650,000)
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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