Active Single Family Residence
$27,500,000
7-Bedroom Pool Home in MOORINGS DELRAY BEACH

706 SE 2nd Street, Delray Beach, FL 33483

Single Family Residence in MOORINGS DELRAY BEACH · No CDD on record
MOORINGS DELRAY BEACH · Delray Beach, FL 33483 · Palm Beach County
Listing data updated October 8, 2026 at 12:02 PM ET · checked against the MLS hourly
7Bedrooms
10Bathrooms
9,271Sq Ft
2010Year Built
$2966Per Sq Ft
WaterfrontPrivate pool6-car garageNo CDD on record7 bedrooms
How to read this page: MLS listing facts carry their source; everything else is labelled as a public record, a calculation, an estimate, or something to verify. Where local data is too thin to support a number, the page says so instead of guessing.
Buyer leverage
Strong buyer advantage
7276.5-month supply
7276.5 months
Supply around this home
Seller <3 · balanced 3-6 · buyer >6
$86k–$179k/yr
Est. insurance · illustrative
Not a carrier quote; premiums vary widely by property. Get a real quote.
Above 12 of 12
Price vs recent sales
Asking $27.50M tops 12 of the last 12 closed sales

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

Highlights

As of October 8, 2026, 706 SE 2nd Street in Moorings Delray Beach, Delray Beach is listed at $27,500,000 (9,271 sq ft, about $2,966 per sq ft). It came to market within the past week. Listing facts: built in 2010, a private pool, waterfront, no HOA. Figures are from the MLS record and county data; deemed reliable but not guaranteed.

  • No CDD assessment on record
  • Built 2010 · 16 yrs
  • 9,271 sq ft of living area
  • 6-car garage
  • Active listing
  • No HOA reported by the listing (confirm)
Listing description

About this home

Introducing "Villa Montecito," an extraordinary waterfront estate in the heart of Delray Beach's coveted Marina Historic District, a newly reimagined architectural masterpiece that embodies the pinnacle of modern coastal luxury. Ideally positioned on 120 feet of direct Intracoastal frontage within an uncommon and highly desirable no-wake zone, this gated compound offers unrivaled privacy and tranquility just two blocks from Atlantic Avenue and less than one half mile from the beach. Completed in June 2026 after an extensive four-year redesign and renovation, Villa Montecito has been transformed into a world class estate of uncompromising quality and sophistication.

Originally constructed in 2010, the residence was meticulously expanded and curated by the acclaimed Warwick Design Group of Los Angeles, renowned for crafting bespoke interiors for celebrities, business leaders, and distinguished clientele. Envisioned in the California Transitional idiom with Spanish influences, the residence underwent a sweeping reconfiguration of its footprint, yielding a graceful flow and a layout attuned to family living. Its bedrooms were reimagined and expanded, with particular devotion to the ensuite baths and closets.

Beneath the polished finishes, the entire home has been re-engineered, with new electrical, plumbing, and climate-control systems throughout. Exceptional materials from California, Europe, and Japan have been thoughtfully gathered throughout the residence, lending it a rare distinction in craftsmanship and refinement. Honed Italian marble and natural quartzite grace the interiors, and no engineered surface appears anywhere within.

In the primary baths, the showers are clad in majestic slabs of Calacatta Caldia and Statuary marble, while the guest baths are appointed with Carrara honed marble tile and countertops, complemented by freestanding vanities. Discreetly set behind a motorized solid-iron gate and approached by a roughly 200-foot brick paved driveway, the property spans approximately 22,682 square feet across more than half an acre of impeccably groomed grounds. A grandfathered 10-foot wall, no longer permissible under current code, encircles the site, creating a seclusion seldom found in East Delray Beach.

As the gates close behind you and the palms sway gently along the waterfront, the compound feels less like a residence and more like a retreat hidden within one of South Florida's most vibrant destinations. Comprising 12,778 total square feet, 9,271 of them under air, the residence offers seven bedrooms, eight full bathrooms, and two half baths, all shaped by Montecito-inspired architecture and contemporary flair. Soaring ceiling heights ranging from approximately 9 to 13 feet create a remarkable sense of openness and natural light throughout the home, while custom solid-wood doors and bespoke built-in cabinetry showcase an extraordinary level of craftsmanship.

The cabinetry and closets are distinguished by Blum European concealed hardware, dovetail construction, soft-close action, and vertical-grain European oak in tailored finishes. A rebuilt stairwell, crowned by an iron railing designed expressly for the residence, welcomes natural light, while a fireplace adds warmth. Imported white oak flooring from Spain, in eight-inch planks, stretches from threshold to threshold, complemented by Waterworks plumbing fixtures, cabinet hardware, and accessories that lend quiet distinction to the kitchen and baths.

The chef's kitchen was conceived for lavish entertaining and seamless daily living, equipped with Wolf and Sub-Zero appliances, among them a professional-grade six-burner range with double ovens, griddle, and grill, along with matching Miele dishwashers and dual full-height wine refrigerators. A butler's pantry and two beverage stations complete the culinary suite with quiet sophistication. Whether hosting intimate dinners or large celebrations, the space blends functionality with graceful form at every turn.

A series…

All 95 photos

706 SE 2nd Street, Delray Beach FL - photo 6 of 95706 SE 2nd Street, Delray Beach FL - photo 7 of 95706 SE 2nd Street, Delray Beach FL - photo 8 of 95706 SE 2nd Street, Delray Beach FL - photo 9 of 95706 SE 2nd Street, Delray Beach FL - photo 10 of 95706 SE 2nd Street, Delray Beach FL - photo 11 of 95706 SE 2nd Street, Delray Beach FL - photo 12 of 95706 SE 2nd Street, Delray Beach FL - photo 13 of 95706 SE 2nd Street, Delray Beach FL - photo 14 of 95706 SE 2nd Street, Delray Beach FL - photo 15 of 95706 SE 2nd Street, Delray Beach FL - photo 16 of 95706 SE 2nd Street, Delray Beach FL - photo 17 of 95706 SE 2nd Street, Delray Beach FL - photo 18 of 95706 SE 2nd Street, Delray Beach FL - photo 19 of 95706 SE 2nd Street, Delray Beach FL - photo 20 of 95706 SE 2nd Street, Delray Beach FL - photo 21 of 95706 SE 2nd Street, Delray Beach FL - photo 22 of 95706 SE 2nd Street, Delray Beach FL - photo 23 of 95706 SE 2nd Street, Delray Beach FL - photo 24 of 95

Description provided by Douglas Elliman and reproduced from the MLS; not independently verified.

Listing courtesy of Douglas Elliman · Listing agent: Senada Adzem PA · 561-245-2635Provided 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.
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$27,500,000
Bed / bath7 / 10
Living area9,271 sq ft
Year built2010
Property typeSingle Family Residence
Garage6-car
PoolYes
MLS #B26085778
Listing statusActive

Public records & third-party data

FEMA flood zoneNot verified — check msc.fema.gov
CountyPalm Beach
Estimated first-year tax~$513,850/yr
CDD assessmentNone on record
HOANone reported

Calculated estimates

Price per sq ft$2966
Estimated monthly payment$203,646
Insurance (illustrative)$86k–$179k/yr

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
Financing

Estimated monthly payment

$203,646/mo
  • Principal & interest $150,527/mo 74%
  • Taxes $42,821/mo 21%
  • Insurance $10,299/mo 5%

$203,646/mo at 20% down, 30-yr @ 7.28% · edit any field to update.

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

Cost to own

Property taxes

✓ Certified tax roll · county-average rate
Estimated property taxes after purchase
$513,850/yr
≈ $42,821/mo·effective rate ~1.87%
Estimate: asking price less the $50,000 homestead exemption × Palm Beach County rate (18.72 mills, county-average millage, 2025; verify with the property appraiser). Not a bill.
⚠️

Property taxes in Florida are reassessed after a sale, so a buyer’s first full-year bill can be higher than the seller’s. Budget from this estimate, not the current bill, before you make an offer.

Current owner’s estimated bill $187,825/yr ($15,652/mo) — taxable value $10,033,993 × 18.72 mills
$326,025 more each year
(+174%)

Most of this comes from Florida’s Save Our Homes assessment cap resetting when the home sells — the current owner’s protected assessment does not transfer to a new buyer.

🛡️
Current ownerProtected by Save Our Homes
🔄
Home sellsResets the January after
🧾
Buyer paysBased on purchase price
$1,055,164
Save Our Homes benefit
The current owner’s protected taxable value sits this much below market — which is why today’s bill is lower than a new buyer’s.
$11,089,157
Market value
$10,084,715
Assessed
$10,033,993
Taxable

Certified 2025 tax roll values for this parcel (Florida DOR). The roll gives values, not the bill; the current owner’s bill above is estimated from the taxable value.

Estimate my property taxes →

Adjust for your exemptions, portability, and down payment

Sources: Florida DOR certified tax roll (2025), BeachesMLS; millage: Palm Beach County Property Appraiser tax roll page (rate tables); Florida TaxWatch 2025 county average. County public record, not MLS data — matched to this home by parcel ID. Estimates are not a tax bill; the county property appraiser and tax collector set the actual amount.

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.

CDD assessment
None on record

No CDD assessment appears in our records for this community. CDD assessments show on the county tax bill — confirm with the tax collector.

Insurance (illustrative range)
$86k–$179k/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 zone not verified for this address — check msc.fema.gov and confirm coverage. Get a quote from a licensed insurer before relying on any figure.

HOA
None reported

The listing reports no HOA. Confirm with the county record that no mandatory association applies.

Environmental data

Flood zone & elevation

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

FEMA flood zone
Not verified

Not yet verified for this address. Look up the parcel at msc.fema.gov before relying on any flood assumption.

Ground elevation
Not on record

Approximate parcel elevation from USGS; confirm exact elevation with a survey.

Windstorm / insurance
Obtain a quote

Palm Beach County is on the Florida coast; wind coverage is a major part of the premium. Premiums and coverage vary by home (roof age, wind mitigation, claims history); obtain a quote from a licensed insurer.

Hazard risk

Natural hazard risk

FEMA National Risk Index for Palm Beach County, FL: overall Relatively High. Ratings compare this county with every county in the United States for expected annual loss from each hazard.

HurricaneVery High
Coastal floodingRelatively High
Inland floodingRelatively High
Heat waveRelatively High
WildfireRelatively Moderate
TornadoRelatively High
LightningVery High
Strong windRelatively High
DroughtRelatively High
HailRelatively Low
Cold waveRelatively High

Source: FEMA National Risk Index (county level, hazard risk ratings only). Ratings describe the county, not this parcel; the flood zone shown above is parcel-specific. Verify insurance requirements with your lender and agent.

Connectivity

Internet & broadband

Fiber
Check availability

Address-level fiber service is not confirmed for this home. Check the FCC National Broadband Map (broadbandmap.fcc.gov) or the provider for this address.

Cable
Check availability

Cable broadband is common in Florida and Georgia towns but not confirmed for this address; verify with the provider.

Fixed wireless / satellite
Check availability

5G home internet and satellite service depend on the exact location; check coverage for this address.

Momentum Research · MOORINGS DELRAY BEACH

Pricing & the MOORINGS DELRAY BEACH market

How this home is priced against recent nearby sales, and where MOORINGS DELRAY BEACH has been over 25 years. Momentum Research analysis of BeachesMLS records; closed sales, deemed reliable but not guaranteed. Estimates only; see data notes.

This home’s $/sq ft vs. nearby sales

List $/sq ft against recent nearby closed sales; the community median is marked.

Price per sq ft · this home vs. recent nearby sales17194 Brulee Breeze Way17194 Brulee Breeze Way: $718/sq ft$718This homeThis home: $2966/sq ft$2966
Property timeline

This home’s history

  • 2010BuiltPer public record
  • Oct 8, 2026First seen on movewithmomentum.comObserved at $27,500,000
  • NowActiveCurrently for sale

Build year is from public record. The MLS list date is approximate (today minus the cumulative days on market the MLS reports, which can span relistings). Other 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.

Transparency

Price & listing history

Listed for $27,500,000Momentum Realty · on market 0 days
Public records

Building permits

Permit history not yet linkedConfirm permit history with the county building department.
How it stacks up

Comparable recent sales

Only 1 closed sale within about 10 miles in Palm Beach County in the last 18 months matched this home’s type and size. Fewer than 3 is too few for a median, so none is shown.

Limited comparable data: these sales are listed for reference only. A licensed agent can prepare a property-specific comparative market analysis. Sold prices are MLS closed-sale records, deemed reliable but not guaranteed.

The Messtimate™

The Messtimate

Insufficient local evidence for an automated estimate. The Messtimate is a deliberately simple range — living area × recent closed-sale $/sq ft from comparable homes nearby — and it only renders when at least 3 defensible sales exist within about 10 miles in Palm Beach County in the last 18 months. Only 1 qualifies for this home, so no dollar range is shown. It is not an appraisal or a valuation.

Want a property-specific value review? A licensed Momentum Realty agent can prepare a free comparative market analysis using the home, the lot, its condition, and the live market.

Methodology: the range would be 9,271 sq ft × the interquartile $/sq ft of comparable closed sales (same property type, living area within 30%, closed within 18 months, nearest verified subdivision, 3-mile, then 10-mile same-county stage). Estimate for general information only; never an appraisal, valuation, or offer. Updated October 8, 2026.

Seen enough photos?

Want to see 706 SE 2nd Street?

Tell us when works for you and a local agent will reach out to arrange a showing and answer your questions about this home.

Listed by Douglas Elliman · MLS # B26085778

Request a showing

or call (904) 351-6461
Keep looking

Similar homes for sale near MOORINGS DELRAY BEACH

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.

Newest listings in MOORINGS DELRAY BEACH

  • 821 Sky Pine Way #C2 · $135,000 · 2 bd / 2.0 ba · listed October 8, 2026 (courtesy of Landarama Realty Inc.)
  • 13 Via Vizcaya · $23,000,000 · 3 bd / 5.0 ba · listed October 8, 2026 (courtesy of Compass Florida LLC)
  • 3050 Presidential Way #206 · $150,000 · 2 bd / 2.0 ba · listed October 8, 2026 (courtesy of Vicki L. Wilson Realty LLC)
  • 534 Springdale Circle #53-D · $328,500 · 2 bd / 2.0 ba · listed October 8, 2026 (courtesy of Sorella Real Estate Group LLC)
  • 356 Golfview Road #305 · $392,500 · 2 bd / 2.0 ba · listed October 8, 2026 (courtesy of Coastal Properties)
  • 14 E Ocean Avenue · $5,590,000 · 6 bd / 6.5 ba · listed October 8, 2026 (courtesy of Sheehan Realty Corp)

Just listed: new homes for sale in Southeast Florida in the last 48 hours · updated hourly · RSS · Southeast Florida market today: new listings, price cuts, pendings

Go deeper

More on Palm Beach County

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)
GRADEB
Carver CommunityAssigned middle school · Palm Beach County School District · Grade B (Florida DOE 2025-26)
GRADEC
AtlanticAssigned high school · Palm Beach County School District · Grade C (Florida DOE 2025-26)
Nearby & guides

City, county & community guides

Where this home sits, with links to the matching guides. General reference only.

Before you decide

Buyer research checklist

Items worth confirming for 706 SE 2nd Street, chosen from what the record shows. This is general guidance, not advice about this specific property.

  • Built in 2010 (16 years): ask for the roof and HVAC replacement dates — insurers commonly ask for roof age on homes this old, and it changes the premium.
  • The listing reports no HOA: confirm with the county record that no deed restrictions or mandatory association apply to this parcel.
  • Look up the parcel on FEMA's Flood Map Service Center and confirm with your insurer whether flood insurance is required.
  • Get a homeowners insurance quote for this specific address in Palm Beach County; a wind-mitigation inspection and, on older homes, a four-point inspection can change the premium.
  • Private pool: confirm the barrier or alarm meets the state residential pool safety code and ask for pump, heater, and resurfacing records.
  • Waterfront: confirm seawall or dock condition and permits, and ask who owns and maintains the shoreline.
  • Listed living area is 9,271 sq ft: verify it against the property appraiser's record and measure before relying on it.
  • Order a survey to confirm lot boundaries and easements.
  • Review permit history with the county.
  • Property taxes: the estimate on this page (about $513,850/yr) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $326,025 more per year than the current owner’s estimated bill (+174%). Exemptions and portability change the actual bill — confirm with the county property appraiser.
  • School zoning shown here comes from district data and changes; confirm the assigned schools directly with the district before relying on them.
Provenance

Data sources & freshness

Listing recordBeachesMLS, checked against the MLS hourly (last: October 8, 2026)
Comparable salesFewer than 3 defensible closed sales within about 10 miles in Palm Beach County — no medians or automated estimate shown
Flood zone & elevationNot verified for this address — look it up at msc.fema.gov
Taxes & monthly costCertified county tax roll (parcel-matched) × county millage; an estimate, not a bill
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 BeachesMLS 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

How big is 706 SE 2nd Street and when was it built?

Per the listing record, 706 SE 2nd Street was built in 2010 and has 9,271 sq ft of living area, 7 bedrooms and 10.0 bathrooms. Living area and lot size come from the MLS record and should be verified against the county property appraiser.

What community is 706 SE 2nd Street in?

706 SE 2nd Street is in Moorings Delray Beach in Delray Beach, Palm Beach County. Too few comparable closed sales exist nearby for this page to show local sales statistics; a licensed agent can prepare a comparative market analysis.

Does 706 SE 2nd Street have an HOA?

The listing reports no HOA. Confirm with the county record that no deed restrictions or mandatory association apply to the parcel.

Why might property taxes on 706 SE 2nd Street differ from the current owner's?

The estimate on this page (about $513,850 per year) assumes reassessment at the list price less the homestead exemption. Estimated buyer taxes are about $326,025 more per year than the current owner’s estimated bill (+174%). Florida reassesses a home after it sells; for a homesteaded seller the Save Our Homes cap on their assessment does not transfer, and a buyer's own exemptions and portability are applied separately, so the two bills usually differ. Any tax figure shown here is an estimate, not the actual bill — confirm with the county property appraiser and tax collector.

Is 706 SE 2nd Street in a flood zone?

A flood designation has not been verified for this address. Look up the parcel on FEMA's Flood Map Service Center (msc.fema.gov) and confirm with 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 706 SE 2nd Street 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.

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 county millage to the list price (less the homestead exemption where the parcel is matched to the certified roll) 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.

No warranty; measurements & photos. No guarantee, warranty, or representation of any kind is made regarding the completeness or accuracy of any information, descriptions, or measurements on this page — including square-footage measurements and property condition — all of which should be independently verified through appropriate means, including in-person inspection and public records. Photographs may be virtually staged or digitally enhanced and may not reflect actual property conditions. Momentum Realty and its agents expressly disclaim any liability in connection with the information provided.

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.