706 SE 2nd Street Delray Beach, FL $ 27,500,000
706 SE 2nd Street
$ 27,500,000
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706 SE 2nd Street

Delray Beach, FL, 33483
$ 27,500,000
Bedrooms7 Baths9.2 Sq 9,271

Monthly Estimate*

$ 189,936

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Single Family Home for sale in Delray Beach, FL

for $27,500,000 with 7 bedrooms and 9 full baths, 2 half baths. This 9,271 square foot home was built in 2010 on a lot size of 0.52.

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 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.

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Single Family Active

Price

$ 27,500,000

Bedrooms

7

Full Bath

9

Half Bath

2

Property Type

Single Family

Taxes

$ 186,044

Style

Lot Size

0.52

Year Built

2010

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

B26085778

Features
General
Membership Required false
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric Zoned
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Underground Utilities Water Connected
Possession Close Of Escrow Other
Roof Barrel
Appliances Cooktop Dryer Dishwasher ENERGY STAR Qualified Dishwasher ENERGY STAR Qualified Dryer Free-Standing Freezer Freezer Gas Cooktop Disposal Ice Maker Microwave Oven Refrigerator Tankless Water Heater Water Heater Wine Refrigerator Washer
HOA Fee 0
Garage Spaces 6
Patio/Porch Features Covered Open Patio Balcony
Architectural Style Spanish/Mediterranean
Pool Features Heated In Ground Pool/Spa Combo Outside Bath Access
Security Features Security System
Construction Materials CBSConcreteBlockStructure Block Concrete Stucco
Pets Allowed No Pet Restrictions Yes
Year Built 2010
Electric 3 Phase
View Intercoastal Water
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Intracoastal Access Navigable Water No Fixed Bridges Ocean Access Seawall
Accessibility None
County Palm Beach
New Construction false
Property Type Residential
Attached Garage true
Energy Efficient Appliances
Subdivision Name MOORINGS DELRAY BEACH
Facing Direction West
Garage Y/N true
Full Baths 9
Status Active
Directions 3 blocks south of Atlantic Avenue on the Intracoastal Waterway.
High School Atlantic
City Delray Beach
Senior Community Y/N false
MLS Area 4230
Carport Y/N false
Spa Features Heated In Ground
Elementary School Pine Grove
Tax Annual Amount 186044.36
Middle/Junior High School Carver Community
Property Condition Resale Updated/Remodeled
MLS Area Minor PB06
Virtual Tour https://www.propertypanorama.com/706-SE-2nd-Street-Delray-Beach-FL-33483/unbranded
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Single Family Residence
Legal Description THE MOORINGS~ DELRAY BCH LT E /LESS E 148.30 FT OF N 145.6 FT/
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Interior
Interior Amenities Wet Bar Built-in Features Bathtub Closet Cabinetry Dining Area Separate/Formal Dining Room Entrance Foyer Eat-in Kitchen Elevator Family/Dining Room High Ceilings Kitchen Island Multiple En Suite Bathrooms Split Bedrooms Soaking Tub Separate Shower Upper Level Primary Bar Walk-In Closet(s)
Flooring Tile Wood
Furnished Y/N Negotiable
Fireplace Features Wood Burning
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Window Features Storm Window(s)
Fireplace Y/N true
Half Baths 2
Laundry Features Lower Level Laundry Room Laundry Tub Multiple Locations Sink Upper Level
Total Bedrooms 7
Main Level Bedrooms 1
Main Level Bathrooms 4
Total Baths 11
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Exterior
Private Pool true
Exterior Amenities Built-in Barbecue Balcony Barbecue Garden Lighting Outdoor Kitchen Outdoor Living Area
Fencing Fenced Front Yard Privacy Security See Remarks Wood
Parking Features Attached Boat Driveway Garage Garage Door Opener Paver Block
Lot Features Landscaped Oversized Lot Many Trees
Water Source Public
Total Parking 12
Lot Size Area 22651.2
Spa true
Building Area Total 12778
Lot Size Acres 0.52
Frontage Length 120.00
Frontage Type Waterfront
Waterfront Y/N true
Covered Spaces 6
Door Features French Doors
Other Equipment Generator Home Theater
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* Excluded Features
List By
Senada Adzem PA

Listing Agent

Affordability Calculator

$205,439
Per Month
92%
8%
0%
Monthly Principal & Interest
$189,936
Monthly Property Taxes
$15,504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3882623 Elementary School
739110 Middle School
Atlantic High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$27,500,000 Listed Price

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706 SE 2nd Street, Delray Beach, FL, 33483 is a Single Family Home for sale at $27,500,000 with 9,271 sqft and a lot size of 0.52. 706 SE 2nd Street has 7 bedrooms, 9.2 baths, and was built in 2010. The property's zip code is 33483 which is in Delray Beach, FL