Sunday, November 4, 2012

Delray Beach Oceanfront Real Estate Market Update | Single Family Homes

by Craig Greenberg
Delray Beach Oceanfront Homes

Delray Beach Oceanfront Real Estate Market Update 

Single Family Homes for Sale

Currently there are 7 Oceanfront Homes listed for sale in Delray Beach, Florida ranging in price from $4.25 million all the way up to $34.995 million.  The above chart is sorted by how many days the listings have been on the market, the newest listing being 358 N Ocean Blvd in Seaspray Estates and the oldest listing being 1111 S Ocean in Ocean Breezes.

Atlantic Ave Delray Beach Big Waves
With the passing of Hurricane Sandy, South Florida has been getting some amazing weather.  First off, the Northeast wasn't the only place to get a storm surge.  Check out the waves Delray Beach saw - this is the Beach right off Atlantic Avenue.  The storm surge came all the way up to the dunes and there was no beach left.  We haven't seen wave heights like this for a very long time.  My son Aiden a.k.a. "The Hulk" decided to take an up-close look for ourselves.

The newest listing on the market for sale like I mentioned is 358 N Ocean Blvd in Seaspray Estates.  Seaspray is approximately 4 blocks North of Atlantic Avenue.  Most of the homes in Seaspray Estates are landlocked or have Intracoastal access.  This property happens to be one of the very limited homes that are considered oceanfront in Seaspray, right across A1A from the beach.  The home is described as:
This Tuscan-style estate offers unobstructed ocean views from a prime corner lot with impressive landscaping. The tree-canopied driveway with private gate has parking for 6 cars. The outdoor kitchen includes a pro gas grill, stove, and a wood-burning pizza oven. The manicured grounds feature a heated pool and mosaic-tiled courtyard with water fountains.
358 N Ocean Blvd Delray Beach

Doesn't say much about the home. The property itself is just shy of 4900 sq ft under air, has 6 bedrooms, 5 1/2 baths and was built in 1951.  Once you check out the pictures of 358 N Ocean Blvd Delray Beach, you'll see the home has been updated since 1951 but it is a 3 story home.  When you divide that 4900 sq ft to 3 levels, the living spaces can feel cramped.  But the 3 levels makes for some dramatic living spaces and will take advantage of the never ending ocean views.


So far in 2012, there have been 3 beachfront homes that have sold.  There are still 2 months left to the year and sometimes we see some quick closings, but as of now there are no pending sales.
Delray Beach real estate beachfront sales year to date

If you are in the market to buy, sell and/or rent an oceanfront home in Florida, please make sure to visit LuxuryOceanMarket.com where you can view all the luxury oceanfront properties on the market from Palm Beach down to famed Hillsboro Mile and even create your own custom searches that will send you automatic email alerts as new homes come on the market.  And if you come across the home of your dreams, please make sure to either contact myself, Craig Greenberg at 561-376-8540, or my associate, Tripta Chawla at 561-703-7733, and we'll be more than happy to assist you.