$27,500,000
706 SE 2nd Street
Delray Beach, FL 33483
MLS# B26085778
7 beds  |  10 baths  |  12778 sqft


Villa Montecito
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Villa Montecito Villa Montecito Entry Driveway Driveway Resort-style Pool Resort-style Pool Formal Outdoor Dining Outdoor Lounge Resort-style Pool Resort-style Pool Aerial Intracoastal View Entry Foyer Foyer Formal Living Area Formal Living Area Formal Living Area Formal Living Area Formal Living Area Gourmet Kitchen Gourmet Kitchen Gas Range Gourmet Kitchen Pantry Gourmet Kitchen Great Room Great Room Great Room Formal Dining Area Formal Dining Area First Floor Suite First Floor Suite Bath Powder Room Hallway Lounge Lounge Bar Lounge Bar Lounge Bar Area Spa Views Resort-style Pool Resort-style Pool Outdoor Lounge Loggia Outdoor Dining Area Outdoor Dining Area Summer Kitchen Lounge Bar Area Lounge Media Room Wine Room Stairway Second Floor Landing Primary Suite Entry Office Office Primary Morning Bar Primary Suite Bedroom Primary Suite Sitting Area Primary Suite Bedroom Primary Balcony Primary Balcony View Primary Suite Bath 1 Primary Suite Bath 1 Primary Suite Bath 1 Primary Suite Closet 1 Primary Suite Closet 1 Primary Suite Closet 2 Primary Suite Closet 2 Primary Suite Bath 2 Hallway Guest Suite Guest Suite Balcony Guest Suite Balcony Guest Suite Bath Guest Suite Bath VIP Guest Suite VIP Guest Suite VIP Guest Suite Balcony VIP Guest Suite Bath Guest Suite Guest Suite Bath Guest Suite Guest Suite Bath Guest Suite Guest Suite Hallway Laundry Private Dock Private Dock Intracoastal Views Driveway Private Gated Entry Aerial Aerial Villa Montecito

Property Description
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.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-10-08
Status: Active
Original List Price: 27500000
List Price: $27,500,000
Current Price: $27,500,000
Occupant Type: Call Listing Agent
Listing Service: Full Service
Location and Legal
Country: United States
County Or Parish: Palm Beach
Street Number: 706
Street Direction Prefix: SE
Street Name: 2nd
Street Suffix: Street
Municipality Type: Incorporated
Municipal Code: 12
State Or Province: FL
Postal Code: 33483
Postal Code +4: 5312
Subdivision Name: MOORINGS DELRAY BEACH
Area: 4230
Geographic Area: PB06
Elementary School: Pine Grove
Middle Or Junior School: Carver Community
High School: Atlantic
Special Assessment YN: No
Parcel Number: 12434616120000051
Subdivision Number: 12
Zoning: R-1-AA (city)
Directions: 3 blocks south of Atlantic Avenue on the Intracoastal Waterway.
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 7
Bathrooms Total: 10
Bathrooms Full: 8
Bathrooms Half: 2
Building Area Main: 12778
Building Area Source: Public Records
Living Area Main: 9271
Living Area Source: Public Records
Adjusted Area Main: 9984
Accessibility Features YN: No
Year Built: 2010
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 6
Covered Spaces: 6
Parking Total: 12
Gated Community YN: No
Lot Size Area: 22651.2
Lot Size Acres: 0.52
Senior Community YN: No
Waterfront YN: 1
Water Frontage Feet: 120
Outdoor Living Spaces YN: Yes
Stories Total: 2
Stories: 2
Direction Faces: West
Fireplace YN: Yes
Pool Private YN: Yes
Spa YN: Yes
Furnished: Negotiable
LP/Assessed Value: 2.73
Financial Information
Master Association YN: No
Membership Fee Required YN: No
Tax Annual Amount: 186044.36
Tax Year: 2025
Tax Assessed/SOH Value: 10084715
Tax Legal Description: THE MOORINGS~ DELRAY BCH LT E /LESS E 148.30 FT OF N 145.6 FT/
Assessor Market Value: 11089157
Leasing Permitted Details
Leasing Permitted YN: Yes
Boat and Dock Information
Dock: Yes
Dock Details: Boat Lift
Main Level Rooms
Main Level Bathrooms: 4
Main Level Bedrooms: 1
Pet Details
Pet Fee YN: No
Pool Size Details
Pool Size (WxL): 22x26
Storm Protection
Impact Glass: Complete
Room Types
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Second
Price Calculations
Current Price To SqFt: 2966.23
Status Change Information
Major Change Timestamp: 2026-10-08T14:36:11Z
Major Change Type: New Listing
Status Change Date: 2026-10-08
Originating Details
Originating System Key: 20260313153115736546000000
Originating System ID: M00000170
Property Features
Dining Area: Eat-In Kitchen; Family/Dining Combination; Formal Dining
Electric: Three Phase
Exterior Features: Built-in Barbecue; Garden; Lighting; Outdoor Kitchen; Pool Bathroom
Fireplace Features: Wood Burning
Flooring: Tile; Wood
Parking Features: Boat Access/Parking; Driveway; Garage Door Opener; Paver Block; Attached; Attached Garage; Garage
Property Condition: Resale; Updated/Remodeled
Spa Features: Heated; In Ground
Special Listing Conditions: Standard
Appliances: Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Dryer; Free-Standing Freezer; Freezer; Gas Cooktop; Ice Maker; Microwave; Oven; Refrigerator; Washer; Water Heater; Wine Refrigerator; Cooktop
Water Heater Details: Tankless Water Heater
Architectural Style: Old Spanish
Boat and Dock Features: Electric Available; Lift; No Wake Zone; Private Dock; Water Available
Construction Materials: CBS; Concrete Block - With Stucco
Cooling: Ceiling Fan(s); Central Air; Zoned
Fencing: Fenced; Front Yard; Privacy; Security; Wood; See Remarks
Heating: Central; Electric
Interior Features: Bar; Bedroom Layout - Split; Built-in Features; Cabana Bath; Closet Cabinetry; Elevator; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Walk-In Closet(s); Wet Bar
Laundry Features: Laundry Room; Lower Level; Multiple Locations; Sink; Upper Level
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Landscaped; Many Trees; Oversized Lot
Main Living Area: Entry Level
Other Equipment: Generator; Home Theater
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Pool Features: Heated; In Ground; Pool/Spa Combo
Possession: Close Of Escrow; Other
Restrictions: No Restrictions
Roof: Barrel
Security Features: Security System
Sewer: Public Sewer
Structure Type: House
Tax Information: City/County
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Underground Utilities
View: Water
Water Access: No Fixed Bridge; Ocean Access
Water Source: Public
Water View: Intracoastal
Waterfront Features: Intracoastal; Navigable Water; Seawall
Window Features: Storm Window(s)
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Covered; Balcony - Open
Patio Details: Patio - Covered
Room Types: Kitchen; Living Room; Master Bedroom
Acreage Description: 1/2 To Less Than 1 Acre Lot; Less Than 1 Acre Lot
Supplements
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 of expansive formal and informal living spaces create an atmosphere equally suited for sophisticated entertaining and relaxed waterfront living. The residence includes a dramatic formal living room, elegant dining room, full lounge and club room with bar, private movie theater/media room, and a spectacular temperature-controlled wine room with capacity for more than 3,000 bottles, an extraordinary showcase for collectors and connoisseurs alike. Walls of glass and expansive French doors blur the distinction between indoors and outdoors, allowing soft sea breezes and glittering vistas to become part of the everyday. The oversized loggia overlooks the Intracoastal Waterway, a resort-style pool and spa, and expertly cultivated landscaping, creating an idyllic setting for sunrise coffee, sunset cocktails, and evenings illuminated by the reflection of yachts passing quietly along the channel. Outdoor amenities include a fire pit, a cabana, and an Alfresco BBQ area with its own refrigeration, all set among entirely renewed plantings. Designed for the boating enthusiast, the private waterfront accommodates multiple vessels, with berths for a pair of boats aided by a 24,000-pound lift, in addition to a dedicated platform for three jet skis. The sheltered position ensures calm waters and convenient access to the ocean and South Florida's premier waterways. No detail was overlooked in the extensive modernization. Additional features include a fully integrated Crestron smart-home automation system, full-home water filtration system, updated elevator, five garage bays including a vehicle lift, fully turfed grounds, and meticulously designed landscape lighting and irrigation systems. Even the resort-style pool and spa are finished in exquisite, imported cobalt-blue Fujiwa tiles from Japan, adding another layer of bespoke international design to the estate's exceptional aesthetic. Villa Montecito represents a rare opportunity to acquire one of Delray Beach's most significant waterfront properties, a private sanctuary where world-class design, modern technology, timeless coastal elegance, and the effortless romance of waterfront living converge just moments from the celebrated dining, boutiques, galleries, and nightlife of Atlantic Avenue. All furnishings are curated and designed by Max Home Designs, with the complete designer furniture package available for purchase.
Room Information
Room Name Length Width Level
Kitchen16.0014.00Main
Living Room14.0020.00Main
Master Bedroom20.0019.00Second

IDX
Listing Office: Douglas Elliman
Source MLS Verified

Last Updated: October - 22 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


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