1003 Seagate Drive
About This Property
1003 Seagate Drive, Delray Beach, Florida: The sought-after Seagate area in East Delray Beach is just steps from the prestigious Seagate Beach Club as well as the City's pristine award-winning beaches. This established neighborhood is also just a short drive to Downtown Delray Beach's vibrant Atlantic Avenue, with its array of arts and entertainment offerings interspersed with fine-dining establishments, cafes and bars.
PROPERTY - GROUNDS/OUTDOOR SPACES:
Offering a distinctive sense of place, the front driveway passes beneath an old-growth oak tree in the beautifully landscaped front yard, while a second driveway leads to the two-car garage. In the walled backyard, a tropical oasis awaits, where the awning-covered loggia overlooks the sun-splashed pool with a water feature and spill-over spa.
RESIDENCE:
Florida charm and a chic ambience abounds in this meticulously updated 1970s residence comprising four bedrooms and 3,175 +/- total square feet! The central foyer and stair hall introduce the living room, with a decorative fireplace and handsome Scandinavian-style built-in cabinetry. Just across the hallway, the formal dining room adjoins the cook-island kitchen, which was redone in 2021 with custom Shaker-style wood cabinets, quartz countertops, upscale vinyl flooring, high-end stainless appliances, and a breakfast area featuring built-in cabinetry, bar, and a bank of French doors that open to the pool loggia. Also on the first floor are a powder room and pool-view bedroom that currently serves as a library with built-in bookcases. Upstairs, the bedroom of the primary suite overlooks the pool and gardens. This suite includes custom-fitted closets and a granite-finished bathroom with dual sinks, shower, and water closet. Completing the second-floor layout are two guest bedroom suites, one with custom built-ins. Designer details throughout include plantation shutters and floor coverings of large-format porcelain tile, luxe laminated wood, and carpeting.
Also of note are impact windows and doors, concrete-tile roof, two newer Rheem air-conditioning systems, underground electric lines, and a natural gas line.)
The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the Deposits retained by the Seller. No financial fees will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services.
Copyright 2022 by the listing company. All Rights Reserved.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | No longer available | - | |
| No longer available | |||
| Jul 29, 2023 | Listed by Premier Estate Properties, Inc | $2,850,000 | |
| Listed by Premier Estate Properties, Inc | |||
| Jul 18, 2023 | Price Decreased |
$2,850,000
↓ $40K
(1.4%) | |
| Price Decreased | |||
| Jun 19, 2023 | Price Decreased |
$2,890,000
↓ $110K
(3.7%) | |
| Price Decreased | |||
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About Seagate
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Phone: 425-283-2930
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