Back 248 NE 1st Ave
Off Market

248 NE 1st Ave

Delray Beach FL 33444

4
3
3372 sq. ft.
10425 sq. ft.
Single-Family
Last sold for $2,500,000
Laura DerricksonLaura Derrickson, last sold this property on 06 August 2025 after 37 days on market.

Overview

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.

Features

4 bedrooms
3 bathrooms
3372 sq. ft. floor area
10425 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Delray Beach over the last 12 months, the estimated median property value of 248 NE 1st Ave is $1.8m.

Median value
$1.8m
Estimated value range
$365k - $5.45m
Median days on market
48
Estimated value trend
64%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Delray Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 248 NE 1st Ave

2025
Sold
$2,500,000
06 Aug 2025 by Laura Derrickson, of Keller Williams Coastal Partne
2021
Sold
$1,400,000
03 Jun 2021 by Non Member Listing Agent, of Keller Williams Coastal Partne
2016
Sold
$1,210,000
14 Nov 2016 by Erik Ring, of Tauriello & Company R.E.

Happy sellers in Delray Beach

<50%
Less than 50% of sellers in Delray Beach reported that their sale price either exceeded or met their price expectations.

Delray Beach stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Delray Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Delray Beach

In the last 12 months, 60 four-bedroom single-family properties similar to 248 NE 1st Ave, have been sold.

This represents a 18% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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