7 bedroom Single Family Residence at 1040 S Ocean Boulevard, SEAGATE EXT, Delray Beach — photo 1Front elevation
7 bedroom Single Family Residence at 1040 S Ocean Boulevard, SEAGATE EXT, Delray Beach — photo 2Living space
7 bedroom Single Family Residence at 1040 S Ocean Boulevard, SEAGATE EXT, Delray Beach — photo 3Kitchen
7 bedroom Single Family Residence at 1040 S Ocean Boulevard, SEAGATE EXT, Delray Beach — photo 4Owner's suite
7 bedroom Single Family Residence at 1040 S Ocean Boulevard, SEAGATE EXT, Delray Beach — photo 5Exterior / yardView all 64 photos →
22 days on market Single Family Residence
$11,495,000
7-Bedroom Pool Home in SEAGATE EXT

1040 S Ocean Boulevard, Delray Beach, FL 33483

Single Family Residence in SEAGATE EXT, Delray Beach · No CDD
SEAGATE EXT · Delray Beach, FL 33483 · Palm Beach
Listing data updated July 23, 2026 · refreshed twice daily
7Bedrooms
8.5Bathrooms
7,195Sq Ft
2019Year Built
$1598Per Sq Ft
Private pool4-car garageNo CDDFEMA Zone X7 bedrooms
Momentum Research: independent market analysis, flood data, insurance estimates, buyer leverage, and objective property scoring, alongside the MLS listing. Not just the listing sheet.
in line with
$/sq ft vs community
$1598 here vs $1598 median sold (12 mo)
Buyer leverage
Seller-leaning
22 days on market
Zone X
Flood risk
Minimal hazard per FEMA; ~20 ft elevation
$30k–$62k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.

Sources: realMLS (listings + 12-mo closed sales), FEMA, modeled insurance. Interpretation: Momentum Research. Data notes

Highlights
  • No CDD assessment on record
  • Built 2019 · 7 yrs
  • 7,195 sq ft of living area
  • 4-car garage
  • 22 days on market
  • HOA ~$50/mo (estimate; confirm)
Property timeline

This home’s history

  • 2019BuiltPer public record
  • NowActiveCurrently for sale

Build year is from public record. Listing milestones reflect movewithmomentum.com’s own observations since we began tracking this listing and are not the MLS listing history; dates and prices are deemed reliable but not guaranteed.

Financing

Estimated monthly payment

$71,935/mo
  • Principal & interest $58,246/mo 81%
  • Taxes $10,058/mo 14%
  • Insurance $3,581/mo 5%
  • HOA $50/mo 0%

$71,935/mo at 20% down, 30-yr @ 6.52% · edit any field to update.

Editable estimate — not a loan offer. Estimates only; see data & estimate notes.

Momentum Scores

Momentum Property Score

57/100
Strongest on: Flood safety (95), Insurance cost (80)
0 limited50100 exceptional

57/100 is solid, mid-pack across the objective indicators below. It reflects only those measures — not the home’s quality, condition, or desirability.

A 0-100 score built from objective property and market data: flood risk, insurance, pricing, supply, affordability, and recent sales. Higher means more measures line up in a buyer’s favor. It reflects only the factors below.

Price vs area50
This home $1598/sq ft vs the community 12-month median $1598/sq ft.
Affordability50
List price $11,495,000 vs the community median $11,495,000. Not a measure of personal affordability.
Flood safety95
FEMA Zone X, ~20 ft elevation. Verify the parcel with FEMA.
Insurance cost80
From FEMA Zone X and a 2019 build. Obtain a property-specific quote.
Renovation upside10
From a 2019 build and $1598/sq ft vs the community median $1598/sq ft. Not a condition assessment.

Momentum Scores are objective, rules-based indicators computed from listing facts, public records, and recent nearby sales. They are not appraisals, valuations, investment advice, or judgments about a neighborhood or who should live there. Verify independently.

Momentum Research

The Momentum read

🟡 Asking $1598 per square foot, about in line with the community’s $1598 median. SEAGATE EXT’s 12-month median sold price per square foot is $1598. MLS facts: realMLS closed sales. A per-square-foot gap is context, not an appraisal; condition, lot, and view set the final number here.

What’s unique here: no CDD assessment.

Jump to: About this home · Every number, sourced · Monthly cost · Flood & risk · History · FAQ

Updated July 23, 2026 · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Listing description

About this home

An artful modern showplace for indoor/outdoor entertaining, this seven-bedroom compound with two guest retreats sits on Ocean Boulevard, a short walk from beach access. Right on Ocean Boulevard in beautiful Seagate, an oasis of modern luxury awaits in this beach area compound that brings laid-back elegance to the concept of indoor/outdoor living, creating a showplace for those who enjoy entertaining. Award-winning South Florida architect Randall Stofft has fashioned this custom-built seven-bedroom estate home in refined simplicity harmonized with striking accents plus artful finishes by interior designer Shelly Preziosi, ASID Inside, past the glassed staircase that floats upward, the light-bathed living spaces feel distinct but open, spilling through airy glass walls to the fabulous outdoor living/dining room by the sleek pool anchored by the separate guest house/cabana, with the open-air fireplace and landscape lighting adding night-time drama to the resort ambiance.

Another separate guest retreat is above one of a pair of two-bay garages. In the main house, family and guests have five bedroom suites featuring spacious and relaxing master quarters - gazing over the pool and garden - pairing two wardrobe rooms with two separate baths, the larger a sensuous spa-like design accented in subtle gold glints. Catering to comfort and peace of mind, the home's special features range from the smart-house automation to the elevator, full generator, impact-rated glass, leading-edge structural engineering, and sophisticated comprehensive security system.

The gated entry and privacy walls give added seclusion to the expansive grounds. Also benefitting from a choice location just a short walk from the beach, about half a mile from three private beach clubs including; The Seagate Beach Club, The Delray Beach Club, and The Colony Beach Club, and a mile from Atlantic Avenue, this seaside masterpiece has everlasting appeal. Location South Ocean Boulevard, Delray Beach, Florida.

Fringed by the ocean's sugar sands in Old Florida beauty, Seagate is a sought-after beachside neighborhood located only about a mile south of famous Atlantic Avenue, the centerpiece of historic downtown Delray Beach's vibrant shopping, dining, and culture. In the heart of South Florida's Gold Coast, between Boca Raton and Palm Beach, Delray Beach is known as a charming village-by-the-sea and a resort destination featuring pristine "Blue Wave" beaches. Property This Beach area compound-like contemporary estate is privately walled and gated on expansive grounds landscaped with beautiful greenery.

A sweeping motor court leads to the formal entry sheltered by cantilevered rooflines between two garages housing a total of four vehicles. Designed as a fabulous outdoor entertainment space, the back grounds provide a balance of sunlight and shade on lounge terraces around the saltwater pool with spillover spa. A true outdoor living/dining room, the large lanai is served by a full summer kitchen, across from a linear fireplace.

Anchoring the other side of the pool, the guest house/cabana contains a bedroom/sitting room, kitchenette, and bath. Residence Providing seven bedrooms plus eight and a-half baths in the total of 9300± square feet, this Randall Stofft-designed residence creates a striking but serene environment with custom details and airy spans of impact glass. Polished porcelain tile floors in a soft cream tone unify the main level, with pale wide-plank oak floors upstairs.

The poured concrete construction, both levels, is built on pilings, has steel reinforcement beams, has the highest rated impact windows and doors on the market and a metal roof. Amenities include an elevator, full Generac generator, smart-house electronics with prewiring for speakers, and laundry rooms on both levels. First Floor: Dramatized by a floating staircase, the lofty open foyer flows right ahead to the great room where glass walls slide open to the poolside lanai and gard…

Description provided by Premier Estate Properties, Inc and reproduced from the MLS; not independently verified.

Property facts & sources

Every fact, sourced

Listing data, public records, our calculations, and what to verify — each fact shown once. Estimates and calculations shown are for general information only, are not appraisals or advice, and should be independently verified.

Listing facts MLS

List price$11,495,000
Bed / bath7 / 8.5
Living area7,195 sq ft
Year built2019
Property typeSingle Family Residence
Garage4-car
PoolYes
MLS #B26044099
Listing status22 days on market

Public records & third-party data

FEMA flood zoneZone X
Ground elevation~20 ft
Windstorm exposureLow
CountyPalm Beach
Estimated first-year tax~$120,698/yr
CDD assessmentNone on record
HOA (estimate)$50/mo

Calculated estimates

Price per sq ft$1598
Estimated monthly payment$71,935
Insurance (illustrative)$30k–$62k/yr
Comparable-sales median$11,495,000

Buyer should verify Buyer verify

Exact HOA dues, fees, and restrictionsRoof age and conditionHVAC age and conditionA property-specific insurance quoteSurvey and lot boundariesPermit historyFlood-insurance requirementsSchool zoning (confirm with the district)Property taxes after sale (homestead reset)CDD / community assessmentsSquare footage and room dimensions
Listing courtesy of Premier Estate Properties, Inc · Listing agent: Pascal J Liguori · 561-278-8188Provided via the BeachesMLS Internet Data Exchange · All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. · deemed reliable but not guaranteedIDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS to be accurate.
The Messtimate™

The Messtimate

This is a deliberately dumb estimate — living area times a range of recent neighborhood $/sq ft, and nothing else. It is not an appraisal, not market value, and not a valuation of this home. Even a tight range from comparable sales can’t price a specific home — here’s why.

$10,116,170the mess$12,879,050

Actual list price: $11,495,000 — compare it against the range above. The Messtimate is a blind sqft estimate; the list price reflects this specific home.

A 27% spread on the same house — and that gap is exactly what an automated guess can't see:

  • Condition & updates — a renovated kitchen or new roof vs. dated finishes can swing value six figures; sq ft can't see it.
  • The lot & views — a premium golf, water, or preserve lot vs. a road-facing one: same sq ft, very different price.
  • Outliers skew it — one flip or distressed sale in the comps drags the whole $/sq ft up or down.
  • Carrying costs & concessions — CDD, HOA, insurance, and seller-paid buydowns change what a buyer actually pays.

And here's what the live market is doing — which the number above ignores entirely:

  • 8859 active listings competing, 2749 under contract

For reference, this home is listed at $11,495,000 ($1,598/sq ft) — a number set with analysis a Messtimate can't do.

Want a property-specific review from a licensed agent? A Momentum Realty agent will do a real, free comparative market analysis — walking the home, the lot, the condition, and the live market. That's the difference between a Messtimate and a valuation.

Selling your own home? Try the Messtimate on your address →

Methodology: 7,195 sq ft × $1,406–$1,790/sq ft from recent nearby closed sales (public records). Estimate for general information only; not an appraisal, valuation, or offer. Updated July 23, 2026.

Keep looking

Similar homes for sale near SEAGATE EXT

Active listings nearby at a comparable size and price. Listings held by brokerages other than Momentum Realty are marked with the listing broker. Deemed reliable but not guaranteed.

Transparency

Price & listing history

Listed for $11,495,000Momentum Realty · on market 22 days
Public records

Building permits

Permit history not yet linkedAdd county permit records via overrides
Estimated ownership costs

Estimated costs & disclosures

Estimated ownership costs for general information. Confirm each with the county, your lender, and an insurer. See data & estimate notes.

Property tax (first-year est.)
~$120,698/yr

A rough first-year estimate only, applying a typical Palm Beach rate to the list price before any exemptions. Florida bills vary substantially after reassessment, homestead and other exemptions, and local taxing districts — this is not your expected bill. Confirm with the county property appraiser.

CDD assessment
None

No CDD assessment on record for this community.

Insurance (illustrative range)
$30k–$62k/yr

An illustrative modeled range, not based on carrier underwriting and not a quote. Florida premiums vary significantly by roof age, wind-mitigation features, claims history, and carrier — a real quote can land well outside this range. Flood insurance not federally mandated (Zone X). Get a quote from a licensed insurer before relying on any figure.

HOA
$50/mo

Covers the master association & common areas. Confirm exact dues and what they include.

Environmental data

Flood zone & elevation

Sourced environmental data for the parcel. Confirm with FEMA and your insurer.

FEMA flood zone
Zone X

From the FEMA National Flood Hazard Layer. In this zone lender-required flood insurance is generally not mandated; confirm for the parcel.

Ground elevation
~20 ft

Approximate parcel elevation from USGS. Run --online for a live reading.

Windstorm / insurance
Obtain a quote

This is a coastal Florida county. Premiums and coverage vary by home; obtain a quote from a licensed insurer.

Connectivity

Internet & broadband

Fiber
Check availability

AT&T Fiber covers much of NE Florida. Run --online or confirm at the address.

Cable
Likely

Xfinity/Spectrum cable broadband is widely available.

5G Home
Backup

T-Mobile / Verizon fixed-wireless as a backup option.

Market data · public records

Recent sales activity in SEAGATE EXT

Recent comparable closed sales near this home, from public records. Summary figures are for general reference only and are not a valuation of this property. See the SEAGATE EXT neighborhood guide for more.

Comparable sales found
0

Recent nearby closings in the data set.

Community median sale price
$11,495,000

Canonical 12-month median closed price. Reference only.

Community median $/sq ft
$1598

Canonical 12-month median $/sq ft. Reference only.

Explore Palm Beach County

Browse market data, schools, taxes, and homes for sale across the county.

Assigned schools

Assigned schools

Schools currently assigned to this address in Palm Beach County, provided as neutral factual data. Assignments can change — confirm current zoning with the school district. This is not a statement about the home's suitability for any person or family.

GRADEA
Pine GroveAssigned elementary school · Palm Beach County School District · Grade A (Florida DOE 2025-26)
GRADEA
Boca Raton CommunityAssigned middle school · Palm Beach County School District · Grade A (Florida DOE 2025-26)
GRADEA
Boca RatonAssigned high school · Palm Beach County School District · Grade A (Florida DOE 2025-26)
How it stacks up

Comparable recent sales

Recent closed sales nearby, with photos, so you can compare. Sold prices are public record, deemed reliable but not guaranteed.

No closely comparable recent sales were found in this data set.

If you rent it out

Investment snapshot

Objective rental and cash-flow estimates for a buyer weighing this as an investment. Rough figures for general information only — not a guarantee of rent, an appraisal, or investment advice. Verify independently.

Estimated rent$52,685 – $76,633/moa rough gross-rent-yield range on list price (comp-based estimate coming).
Estimated cap rate4.6%Net operating income ÷ list price; excludes financing.
Est. monthly cash flow−$20,878 – +$675At 25% down, 30-yr; after a 10% vacancy/maintenance/management reserve.
Before you decide

Buyer research checklist

A neutral list of items to confirm for any home. This is general guidance, not advice about this specific property.

  • Confirm roof age and condition during inspection.
  • Confirm HVAC age and condition during inspection.
  • Request current HOA documents before relying on dues or restrictions.
  • Obtain an insurance quote for this specific property.
  • Confirm school zoning directly with the district.
  • Order a survey to confirm lot boundaries.
  • Review permit history with the county.
  • Confirm whether flood insurance is required for this parcel.
  • Confirm square footage and room dimensions independently.
  • Ask the county how property taxes may change after a sale.
Nearby & commute

Approximate distances

Approximate drive times for general reference only.

City
Delray Beach

Groceries, dining, and parks for this city — see the city guide.

County
Palm Beach

Schools, taxes, and services are county-administered — see the county guide.

View →
Community
SEAGATE EXT

Amenities and HOA/CDD detail on the neighborhood guide.

Provenance

Data sources & freshness

Listing recordrealMLS, refreshed twice daily (last: July 23, 2026)
Community market statsrealMLS closed sales, as of July 23, 2026
Flood zone & elevationFEMA flood maps + USGS elevation (Zone X shown above)
Taxes & monthly costEstimated from county rates; not a quote
Insurance figureModeled estimate; obtain a real quote before offering
Schools2025-26 district assignments; verify with the district

Momentum Research lines are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Estimates are informational, not appraisals or advice. Methodology: how Momentum scores are computed.

Answered before you ask

Frequently asked questions

Why might my property taxes differ from the current owner's?

Florida's Save Our Homes rule caps annual assessment increases for homesteaded owners, and the assessment can be re-set after a sale. As a result a new owner's bill may differ from the seller's. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Where does the flood-zone information come from?

The flood designation shown (Zone X) comes from the FEMA flood map and is provided for general information. Confirm the parcel's status with FEMA and your insurer.

Can I rely on the figures on this page?

No. Estimated taxes, insurance, payments, and any market or comparable-sales summary are opinions and estimates for general information only and should not be relied upon. Verify all information independently before making any decision.

Ready when you are

See 1040 S Ocean Boulevard in person

Private tours available 7 days a week, in person or by live video walkthrough. Request a tour or send a question and a licensed Momentum Realty agent will follow up.

Call (904) 351-6461

Momentum Realty · licensed in FL & GA

Opinion & estimate — do not rely on this page. Any figure on this page that is not a verbatim fact from the listing or a public record — including estimated property taxes, insurance, CDD/HOA amounts, mortgage payments, comparable-sales summaries, and market statistics — is an opinion and estimate provided for general informational purposes only. These figures may be inaccurate or out of date, are not appraisals, valuations, or financial, legal, tax, or investment advice, and should not be relied upon. Do not make any purchase, offer, financing, or other decision based on this page. Independently verify everything — price, square footage, lot size, year built, taxes, CDD/HOA, flood status, school assignments, permits, and community rules — with the listing broker, the county, your lender, a licensed inspector, an insurer, and your own advisors before acting.

Estimate methodology. Tax estimates apply a typical county millage rate to the list price and will differ from the actual assessed bill. Cost and market figures are derived from available data and simple calculations, not a professional appraisal. We make no representation that any estimate reflects fair market value.

Equal Housing Opportunity. Content on this page is compiled from public records, MLS data, and automated sources and may contain errors or be out of date. It is general information only, not a representation about any specific property, community, builder, or association. Verify information independently before relying on it. Momentum Realty supports the Fair Housing Act and does not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. Information about schools, distances, and amenities is provided as neutral factual data to help you research the property and is not a statement about who should or should not live here or the suitability of the home or neighborhood for any person or group. School data may change — confirm current assignments with the school district.

Found an error? If you are the owner, listing agent, or a party to this property and believe any information is inaccurate, email and we will review and correct or remove it promptly.

Automated content. Some summaries, distances, and estimates on this page are generated automatically from public and proprietary data sources and may contain errors or omissions. We strive for accuracy but cannot guarantee the completeness or accuracy of any information. Verify anything important independently.

MLS / IDX. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the BeachesMLS Internet Data Exchange. Real estate listings held by brokerage firms other than Momentum Realty are marked with the listing broker's name and include the name of the listing agent. Data provided is deemed reliable but is not guaranteed by the MLS to be accurate. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: BeachesMLS, Inc.. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. All rights reserved.

Listing data is deemed reliable but is not guaranteed and is subject to change or withdrawal without notice. Square footage and lot size are approximate. Real estate brokerage services provided by Momentum Realty, licensed in Florida and Georgia. © 2026 Move With Momentum LLC.