condo

$3,695,000

50 East Road 12g (penthouse), Delray Beach, FL 33483

Delray Beach, FL, 33483

3 bd · 3 ba · 3,400 sqft

Listed by Premier Estate Properties, Inc

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated Monthly Payment

$26,479/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $2,862,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$19,173/mo
Property tax (after sale) est.
$3,737/mo
Insurance included in HOA
$0/mo
HOA
$3,570/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

One of the tallest penthouses in the area, located in a pre-height-restriction building. It offers breathtaking, unobstructed views of the ocean, the Intracoastal, and stunning sunset vistas over downtown Delray Beach. Moments away from the ocean on Atlantic Avenue, Delray Beach, this chic contemporary penthouse offers awe-inspiring ocean, Intracoastal and city views. Details include a flowing open-concept layout, a split-bedroom plan for privacy, gourmet kitchen and a lounge with a bar. This sophisticated loft-like in-town retreat offers the discerning owner the epitome of luxury seaside resort-style living. 50 East Road Penthouse 12-G, Delray Beach, Florida. The 12-floor 95-unit Barr Terrace condominium complex offers waterfront living in a downtown Delray Beach location, just moments away from the ocean and at the very doorstep of vibrant Atlantic Avenue's shopping, dining and nightlife venues. Amenities and services include an onsite lobby manager, fitness center, community/card room, BBQ area and bike storage. PROPERTY: On beautifully landscaped grounds fronting the Intracoastal Waterway and Delray Beach's tony Atlantic Avenue, residents of Barr Terrace enjoy a resort-style pool set within an expansive patio. RESIDENCE: Welcome to your personal slice of paradise! This rare 3,400± square-foot double-unit penthouse is perched on the top floor of Barr Terrace, the tallest building in Delray Beach. Its premier location offers easy access to all that the town has to offer. Vibrant Atlantic Avenue, pristine sugar-sand beaches and the private Seagate Beach Club are all just moments away. Completely oriented to take advantage of extraordinary ocean, intercoastal and city views, the principal formal rooms open to the bright and airy family room and sunroom, both wrapped in multiple banks of windows, in an ideal layout for gracious entertaining and casual gatherings. Also, the elegant living room and dining room feature a congenial amenity for hosting. Both are adjacent to the lounge, where the full-service bar is detailed by an underlit countertop and accommodates seating. The gourmet kitchen blends form with function, fitted with sleek custom cabinetry, quartz countertops, glass-mosaic backsplashes and professional grade appliances. With a split bedroom plan, the primary suite is placed separately for the ultimate in privacy. The bedroom, with an attractive built-in wall headboard, offers spectacular views. Completing the suite are two custom-fitted walk-in closets and a spa-inspired bathroom with custom cabinetry, quartz countertop, dual sinks, spa tub and a glass-enclosed multi-head shower. The guest bedroom suite, also offering awesome views, comprises a luxe ensuite bathroom and a large custom fitted walk-in closet. The third guest bedroom can also serve as an office/library. Details throughout include large-format marble flooring, decorator ceilings, elegant wall coverings, designer lighting, impact-glass windows and remote-controlled Hunter Douglas blinds. Completing the layout is a laundry room, and coming with this penthouse is covered parking. This sophisticated loft-like in-town retreat with incredible views offers the discerning owner the epitome of luxury seaside resort-style living. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. "No payments made until title passes" Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2024 by the listing company. All Rights Reserved.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • 282 days on market

    Longer time on market usually means the seller is more open to negotiating on price and terms.

Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.

Building health

Building
BARR TERRACE CONDO· MLS
Year built
1970· MLS
Stories
12· MLS
Units
Not provided —
Milestone inspection
Not provided —
Milestone date
Not provided —
SIRS
Not provided —
SIRS date
Not provided —
Special assessments
Not provided —
Assessment amount
Not provided —
Assessment purpose
Not provided —
Assessment due date
Not provided —
Reserves
Not provided —
Minimum lease term
Not provided —
Rentals per year
Not provided —
Pet rules
No· MLS
Age restriction (55+)
Not provided —
HOA fee
$3,569.89 / month · billed Monthly· MLS

Last updated Not provided, source: MLS remarks —

Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.

Your costs (est.)

≈ $26,479/mo

50 East Road 12g (penthouse), Delray Beach, FL 33483 · Delray Beach

Location

50 East Road 12g (penthouse), Delray Beach, FL 33483

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995