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Buy a houseat 1221 Laing Street, Delray Beach, FL 33483

$2,950,000

$0/mo

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Land

331 Days on market

RX-10896480 MLS ID

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About 1221 Laing Street house

Very special opportunity! Just 200 feet from Delray's pristine beach and located in the rarely available and sought-after enclave of Sandpiper Lane and Laing Street, lies a unique and ready to build property.Complete and City approved plans designed by renowned architect Gary Eliopolous offer a classic take on Delray Beach's French Creole architectural style. But--that is only part of the story of this incredible offering...The owner has obtained four Board of Adjustment variances and two City of Delray Beach Comm. waivers, allowing the construction of a three-story, 4,900 square foot home on a 5,450 square foot lot--incredible!These entitlements run with the deed, meaning you can take advantage of a floor area ratio (FAR) of 90% in Delray's R-1AAA zone, where the maximum
Very special opportunity! Just 200 feet from Delray's pristine beach and located in the rarely available and sought-after enclave of Sandpiper Lane and Laing Street, lies a unique and ready to build property.Complete and City approved plans designed by renowned architect Gary Eliopolous offer a classic take on Delray Beach's French Creole architectural style. But--that is only part of the story of this incredible offering...The owner has obtained four Board of Adjustment variances and two City of Delray Beach Comm. waivers, allowing the construction of a three-story, 4,900 square foot home on a 5,450 square foot lot--incredible!These entitlements run with the deed, meaning you can take advantage of a floor area ratio (FAR) of 90% in Delray's R-1AAA zone, where the maximum

Property details

Listing

Source: Palm Beach

Listing date: 2023-06-12

List price: $2,950,000

REO: No

Short sale?: No

House

Recorded Plat

Single Family

Home Owner's Association

Homeowners association: None

Location

County: Palm Beach

Subdivision: CREGO AMD

Beach Area

Lot

Lot dimensions: 50.0 ft x 109.0 ft

5,471 lot square feet

< 1/4 Acre

Property

Property type: C

Zoning: R-1-AA

Waterfront: No

None

Unimproved Sing Fami

Taxes

Real estate taxes: $17,369

Tax year: 2022

Utilities

None

Cable

Electric

Gas

Public Water

Sewer

Monthly cost

Estimated monthly cost

$19,118/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Aug 28, 2020

Price

$1,650,000

DatePrice
Aug 28, 2020$1,650,000

Schools

This home is within the Palm Beach.

Canal Point & Delray Beach & Pahokee & Belle Glade & Riviera Beach & Boynton Beach & West Palm Beach & Lake Worth Beach enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,773,000

+$88,500

$2,861,500

Seller agent commission$88,500 (3%)*

$0 (0%)

Buyer agent commission$88,500 (3%)*

$88,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $88,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Jun 12, 2023 at 1:57 p.m.

Courtesy of The Corcoran Group
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.

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