111 First Delray Condo
Homes for Sale in Delray Beach, FL
True comps, carrying-cost math, and listings before the portals.
At a median of just over $1M and $921 per square foot, this downtown Delray Beach condo tower trades on two things: its Atlantic Avenue address and its finished product. The 145-day median time on market tells you this is a deliberate, condition-sensitive market—buyers here are comparing finishes, views, and floor plans, not chasing urgency.
The 2.3% year-over-year decline is a recalibration, not a collapse. Five closings in our window confirm active inventory turnover, but patience is now part of the equation for sellers. Buyers willing to wait have negotiating room; sellers need to price to the building's actual condition and view premium, not to last year's comps.
111 First Delray Condo right now
🟡 Off the recent peak. The trailing-12-month median ($1.03M) is down 2.3% from the prior 12 months ($1.05M). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Low (5 and 3 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Palm Beach County sale ($1.03M vs $460K, trailing 12 months, Beaches MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
111 First Delray Condo right now
🟡 Off the recent peak. The trailing-12-month median ($1.03M) is down 2.3% from the prior 12 months ($1.05M). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: Low (5 and 3 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Palm Beach County sale ($1.03M vs $460K, trailing 12 months, Beaches MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
111 First Delray Condo market snapshot (as of July 15, 2026): the median sale price is about $1.03M ($921 per sq ft over the trailing 12 months of closed sales), and a median 145 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Beaches MLS closed sales (5 closings in the current window).
A boutique high-rise on Atlantic Avenue where the price reflects both the downtown Delray Beach location and the expectation of a move-in-ready residence.
Who 111 First Delray Condo is best for.
Best for
- Buyers who want a downtown Delray Beach address without maintaining a single-family home and are comfortable with the condo lifestyle and fee structure.
- Lock-and-leave owners—seasonal or full-time—who value walkability to Atlantic Avenue and are willing to pay the per-square-foot premium for location and building amenities.
- Buyers with patience and strong due-diligence appetite who will use the longer marketing time to negotiate on condition, view, or timing rather than chase a competitive offer environment.
Probably not for
- Buyers who need immediate liquidity or expect short-term price appreciation; the current market rewards patience, not speed.
- Investors targeting cash-flow rental income without first confirming the building's rental policies, owner-occupancy ratio, and any pending special assessments.
- Buyers who prefer ground-level living, private outdoor space, or single-family zoning flexibility; this is vertical living with shared governance.
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.03M) IS the median in the snapshot above, and the move from 2025 ($1.05M) IS the -2.3% one-year change.
Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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 guaranteed.
The 111 First Delray Condo buying strategy.
If we were buying in 111 First Delray Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in 111 First Delray Condo.
What the market posture means
The median days on market—145—is the headline number here. In a building where every residence is theoretically similar in location value, that time reflects how tightly buyers are evaluating condition, updates, and view. This is not a commodity market; each listing competes on its individual merits, and buyers are taking the time to compare.
The modest year-over-year price softening is typical of luxury condo segments when interest rates and insurance costs weigh on carrying expenses. The building itself has not changed; the buyer pool has become more selective. What that means practically: sellers who price to current market reality will close; those who anchor to prior-year highs will sit. Buyers should treat the longer marketing time as an invitation to negotiate on condition and inclusions, not as a red flag on the asset itself.
At just over $920 per square foot, you are paying for the zip code and the concrete-and-glass product, but you are not paying new-construction premiums. This is resale pricing in a finished tower, which means your negotiation leverage comes from knowing what updates the particular unit needs and what the building's reserve health looks like. We pull those documents before you write an offer.
The location and the amenities are priced into every listing in 111 First Delray Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Condo towers demand different due diligence than single-family homes—reserve studies, special assessments, rental restrictions, and the actual docs that govern what you can and cannot do. We pull the declaration, the budget, and the meeting minutes before you tour, so you know whether the building is financially sound and whether your intended use is permitted. In a building where marketing time is measured in months, our job is to help you bid strategically on the right unit, not the first one you see.
111 First Delray Condo in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a 111 First Delray Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 111 First Delray Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in 111 First Delray Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your 111 First Delray Condo home worth?
Get a no-obligation home value based on real comparable sales in 111 First Delray Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in 111 First Delray Condo?
How long do homes in 111 First Delray Condo take to sell?
Who is the best real estate agent for 111 First Delray Condo?
How do I find a top Delray Beach real estate agent who knows 111 First Delray Condo?
Can Momentum Realty connect me with an agent for 111 First Delray Condo?
Should you buy in 111 First Delray Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2020 (21 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.03M) IS the median in the snapshot above, and the move from 2025 ($1.05M) IS the -2.3% one-year change.
Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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 guaranteed.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2020 (21 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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