When was property at 46 Marine Way built and last sold?

The property at 46 Marine Way was built in 1928 and last sold on May 1, 2023 for $1,900,000.

How much is this home worth?

The estimated value of the home located at 46 Marine Way is $2,339,069.

What are some comparable homes to 46 Marine Way?

There are currently no comparable homes to 46 Marine Way.

Delray Beach

33483

Palm Square

46 Marine Way

$1,900,000

● House - Off Market

46 Marine Way

Delray Beach, FL 33483

2 Beds

2 Baths

1,248 Ft²

$2,368,219

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Standing proud on the Intracoastal waterway just south of the Atlantic Avenue bridge in the Historic Marina District of Delray Beach, this property is a treasure. The origins of this historic home date back to 1922 where it is believed to be an Addison Mizner design. This home is now an Iconic part of the scenic downtown Delray Beach waterway and the lot offers tremendous opportunity to combine a historic gem with modern day living on a beautifully located intracoastal parcel. See more. The main house features a one bedroom, one bath home with all the charm and character true to an Addison Mizner design including stucco exterior with terracotta tiles, Dade county pine floors, pecky cypress walls, wood beam ceilings, wrought iron and lush landscaping. A one bedroom, one bath pool cottage was added in 1986 and offers serene views of the pool and greenery. The property features a private easement to the 53 feet of direct intracoastal with a deck and floating dock. City improvements for the street and seawall are currently in engineering. Perfect location for investors short and long term rentals!

Unit Size

1,248 Ft²

Days on Market

40 days

Land Size

Price per sqft

$1,883

Property Type

House

Property Taxes

$296

HOA Dues

Year Built

1928

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (Beaches MLS #R10851902)

Price History

Date / Event	Date	Event
May 4, 2023	Sold	Premium
Sold
Dec 13, 2022	Listed by Engel & Voelkers Delray Beach	$2,350,000
Listed by Engel & Voelkers Delray Beach

Property Highlights

Fireplace

Building Info

Overview

General

Year Built: 1928

Effective Year Built: 1973
Building Count: 2
Bedroom Count: 1
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 17
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 6
Roof Shape Type: 6
Roof Cover Type: 2
Floor Count: 200
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,018

Lot Size Depth Feet: 930
Lot Size Frontage Feet: 530
Total Building Area: 1,248
Gross Building Area: 1,248
Building Area: 1,200
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 4

Heating: 14
Heated Square Feet: 1,200
Heating Fuel Type: 5

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PALM SQUARE
Land Acres: 0000000115
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: PALM SQUARE UNREC E 3 FT OF LT 64~ N 15 FT OF LT 84 (LESS W 12 FT)~ LT 85 IN OR1172P276 & S 12.5 FT OF PARCEL LYG N OF & ADJ TO E 3 FT OF LOT 64 & LOT 85

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 006402

Zoning

Zoning: RM

Geography

Assessors Map Reference: 344

Parcel: 12-43-46-16-34-000-0642
Lot: 64
Meridian: SEC 16 TWN 46S RNG 43E
Municipality: DELRAY BEACH
Latitude: 26.4606
Longitude: -80.0647

Address

Full Address: 46 Marine Way

Address - House Number: 46
Address - Street Name: Marine
Address - Suffix Type: Way
State: FL
City Name: Delray Beach
Carrier Code: C006
4-Digit Zip Code: 5319
Zip Code: 33483

Valuation

Tax

Total Area: 1,161

Tax Year: 2023
Tax Amount: $346,419
Initial Tax Delinquent Year: 2020
Tax Rate Code Area: 12984

Appraisal Valuation

Standard Deviation: 0.2001

Valuation Date: Apr 03, 2024
Confidence Score: 73
Final Value: 1,560,748
High Value: 1,873,191
Low Value: 1,248,304

Market Valuation

Market Total Value: $1,308,576

Market Land Value: $1,158,502
Market Improvement Value: $150,074

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $217,884

Sales

Current Sale Contract Date: May 01, 2023

Current Sale Recording Date: May 04, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 149147

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Palm Square

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

2514 ft²

Average Home Age

72 years

Currently For Sale

3 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 233 Lake Terrace, Delray Beach, FL, 33444

$8,500 /mo

3 Beds
2 Baths
1,558 ft²

233 Lake Terrace, Delray Beach, FL, 33444 Listing by Julie Ann Giachetti PA

Unit for rent at 228 Lake Terrace, Delray Beach, FL, 33444

$6,000 /mo

2 Beds
2 Baths
1,741 ft²

228 Lake Terrace, Delray Beach, FL, 33444 Listing by Ryan Straub PA

Unit for rent at 2211 Florida Boulevard, Delray Beach, FL, 33483

$7,000 /mo

4 Beds
3 Baths
1,922 ft²

2211 Florida Boulevard #A, Delray Beach, FL, 33483 Listing by Robyn Dana Rosen

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Leanna Joan Fruin
Engel & Voelkers Delray Beach
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R10851902

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

46 Marine Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Palm Square

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions