Premier Brokers International
706 SE 2nd Street, Delray Beach, FL 33483
ActiveBeachesMLS
ActiveMLS® B26085778
$27,500,000

706 SE 2nd Street, Delray Beach, FL 33483

Beds
7
Baths
10
Sqft
9,271
Est. payment$171,945/mo
Home type
Single Family Residence
Year built
2010
Lot size
22,651 sqft
Price / sqft
$2,966
HOA
$0/mo
Community
MOORINGS DELRAY BEACH

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. 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.

Listing activity

Days on market
15
Listed
Oct 8, 2026
MLS listing updated
Oct 22, 2026
Feed last checked
15 minutes ago

Listed by Senada Adzem PA · Douglas Elliman

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
7
Bathrooms
10
Bathrooms (decimal)
9
Full bathrooms
8
Half bathrooms
2
Main-level bedrooms
1
Main-level bathrooms
4

Rooms & features

Rooms
3
Interior features
Bar, Bedroom Layout - Split, Built-in Features, Cabana Bath, Closet Cabinetry, Elevator, Entrance Foyer, High Ceilings, Kitchen Island, Walk-In Closet(s), Wet Bar
Flooring
Tile, Wood
Appliances
Tankless Water Heater, Wine Refrigerator, Gas Cooktop, Freezer, Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, Free-Standing Freezer, Ice Maker, Microwave, Oven, Refrigerator, Washer, Water Heater
Laundry
Laundry Room, Lower Level, Multiple Locations, Sink, Upper Level
Fireplace
Yes
Fireplace features
Wood Burning
Furnished
Negotiable
Window features
Storm Window(s)
Other equipment
Generator, Home Theater

Heating & cooling

Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
Property

Parking

Garage spaces
6
Garage
Yes
Carport
No
Parking spaces
12
Covered spaces
6
Parking features
Attached, Attached Garage, Boat Access/Parking, Driveway, Garage, Garage Door Opener, Paver Block
Attached garage
Yes

Exterior

Stories
2
Building area
12,778 sqft
Patio & porch
Patio - Covered, Patio
Exterior features
Balcony, Built-in Barbecue, Garden, Lighting, Outdoor Kitchen, Pool Bathroom
Fencing
Fenced, Front Yard, Privacy, Security, Wood, See Remarks
Pool
Yes
Pool features
Heated, In Ground, Pool/Spa Combo
View
Intracoastal, Water
Waterfront
No Fixed Bridge, Ocean Access, Intracoastal, Navigable Water, Seawall
Waterfront property
Yes
Spa
Yes
Spa features
Heated, In Ground

Lot

Lot size
22,651 sqft
Lot size (acres)
0.52 acres
Lot features
Landscaped, Many Trees, Oversized Lot
Zoning
R-1-AA (city)
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Architectural style
Old Spanish
Year built
2010
New construction
No

Materials

Construction
CBS, Concrete Block - With Stucco
Roof
Barrel
Property condition
Updated/Remodeled, Resale
Levels
Two
Faces
West
Utilities & green energy

Utilities

Electric
Three Phase
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Underground Utilities
Community & HOA

Community

Subdivision
MOORINGS DELRAY BEACH
MLS area
4230
MLS subarea
PB06
Security
Security System
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Association fee
$0
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Delray Beach
County
Palm Beach
ZIP code
33483
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26085778
Possession
Close Of Escrow, Other
Original list price
$27,500,000
Parcel number
12434616120000051
Annual property tax
$186,044.36
Tax year
2025
Assessed value
$10,084,715
Tax legal description
THE MOORINGS~ DELRAY BCH LT E /LESS E 148.30 FT OF N 145.6 FT/
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
9
Bathrooms Total Integer
10
Building Area Total
12778
Construction Materials
CBS, Concrete Block - With Stucco
County Or Parish
Palm Beach
Days On Market
15
Direction Faces
West
Elementary School
Pine Grove
High School
Atlantic
Laundry Features
Laundry Room, Lower Level, Multiple Locations, Sink, Upper Level
List Price
27500000
Listing Contract Date
2026-10-08
Living Area
9271
Lot Size Acres
0.52
Lot Size Area
22651.2
MLSArea Major
4230
MLSArea Minor
PB06
Main Level Bathrooms
4
Main Level Bedrooms
1
Middle Or Junior School
Carver Community
Mls Status
Active
On Market Date
2026-10-08
Parking Total
12
Patio And Porch Features
Patio - Covered, Patio
Photos Count
95
Postal Code
33483
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
3
Security Features
Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-08T14:36:11Z
Stories Total
2
Subdivision Name
MOORINGS DELRAY BEACH
Tax Assessed Value
10084715
Water Source
Public
Waterfront Features
No Fixed Bridge, Ocean Access, Intracoastal, Navigable Water, Seawall
Tax Annual Amount
186044.36
Bathrooms Full
8
Pool Private
Yes
Bedrooms Total
7
Bathrooms Half
2

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 8, 2026ListedBeachesMLS$27,500,000$2,966/sqft

Public tax history

YearProperty taxesAssessment
2025$186,044$10,084,715

Payment calculator

Estimated monthly payment$171,945/moIllustrative estimate, not a loan offer.
Principal & interest
$142,692
Property taxes
$15,504
Insurance
$13,750
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MOORINGS DELRAY BEACH

Delray Beach · Palm Beach County · 33483

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Pine GroveElementary
—
Carver CommunityMiddle
—
AtlanticHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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