Atlantic Luxury Advisors
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74 photos

201 1st

Delray Beach, FL 33444

$3,895,000
6
5.5
2,268 sq ft
1937
Single Family Residence
186
Active

Listing courtesy of Compass Florida LLC (Michael Harrison Korman). Contact: [email protected].

About this home

Opportunity Knocks! For the first time in over 20 years, BOTH 201 and 203 NE First Avenue are being offered together, presenting a rare chance to acquire a premier assemblage in the heart of Downtown Delray Beach. Located on highly sought-after Banker's Row within the Old School Square Historic District, these combined corner Lots encompass .38 acres of prime real estate just steps from Pineapple Grove, Atlantic Avenue, and the vibrant Downtown Delray lifestyle. Surrounded by renowned restaurants, galleries, boutiques, art, culture and more .. the property sits in one of the city's most dynamic and walkable corridors. A truly special offering in the center of it all, inquire to own your piece of Delray Beach History, today!

What it costs to own
Estimated monthly payment
$27,746/mo
Principal and interest
$19,695
Property tax
$5,618
Homeowners insurance
$2,433
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$67,414/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.