12 SE 1ST Avenue
Delray Beach, FL 33444
$888,000
$699/ft²
About this home
RARE CORNER RESIDENCE IN BOUTIQUE 8-UNIT BUILDING JUST OFF ATLANTIC AVENUE. An exceptional opportunity to own a highly desirable corner residence in an intimate boutique building of just eight units, offering a level of privacy and exclusivity rarely found in the heart of Downtown Delray Beach. Featuring three private balconies, this residence perfectly complements the indoor-outdoor South Florida lifestyle. The location is truly exceptional—ideally positioned just off iconic Atlantic Avenue, placing Downtown Delray's acclaimed restaurants, cafés, boutiques, fitness studios and vibrant nightlife just steps from your door, while the beach is only a few blocks away. Leave the car behind and enjoy one of South Florida's most coveted walkable coastal lifestyles. Adding to the appeal, Delray Beach continues to receive national and international recognition, including being named #1 Best Beach in Florida by USA TODAY's 10Best Readers' Choice Awards for three consecutive years (2024-2026). Delray Beach Municipal Beach has also earned the prestigious international Blue Flag Award for four consecutive years, recognizing excellence in water quality, environmental stewardship, safety and accessibility. Combining an unbeatable location just off Atlantic Avenue, an exclusive eight-residence boutique setting, three private balconies, exceptional walkability and a nationally recognized beach just blocks away, this is a rare opportunity to experience the very best of Downtown Delray Beach living.
Property details
Listing
- MLS #
- B26068260
- Status
- For sale
- Listed on
- Aug 25, 2026
- Days on market
- 2 days
- Listing data updated
- Aug 25, 2026
Interior
- Beds
- 2
- Baths
- 2
- Living area
- 1,270 ft²
- Price per ft²
- $699/ft²
- Unit
- 201
Building & community
- Type
- Condo
- Year built
- 2007
- HOA fee
- $667/mo
- County
- Palm Beach
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
What's nearby
- Supermarket
- ALDI · 4.7 mi away
- Park
- Sand Pine Park · 4.4 mi away
- Pharmacy
- CVS Pharmacy · 4.7 mi away
Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap
True monthly cost
- Mortgage (principal & interest)
- $4,490
- Property taxes (est.)
- $814
- Home insurance (est.)
- $666
- Flood insurance (est.)
- —
- HOA fee
- $667
Estimated total$6,637*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Building structural health (SIRS)
No filing record foundWe couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.
Questions about this
What is a SIRS and why does it matter?
Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.
Has this building filed its SIRS?
We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.
What is a special assessment?
A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.
What should I check before buying in this building?
Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.
Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.
Want the full structural picture of this building before you offer?
Location
Mortgage calculator
$4,490/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Compass Florida LLC.
Gene Michael Hochman · 561-350-5668 · gene.hochman@compass.com · 561-285-4283
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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