Home in 706 SE 2nd Street, Delray Beach, FL 33483 for sale with MLS# B26085778

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, nine 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.

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706 SE 2nd Street, Delray Beach, FL 33483

Price
Price:
$27,500,000.00
Original List Price:
$27,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$2,966.23
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Single Family House
Description of Last Important Update:
New Listing
Last Major Update on:
October 8, 2026 2:36 pm
Rooms Distribution
Bedrooms:
7
Bathrooms Total:
11
Full Bath:
9
Half Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
2 Master Baths, Master Bdrm - Upstairs, Separate Shower, Separate Tub
Dining Area:
Formal Dining, Eat-in Kitchen, Family/Dining Combination
Measures
Living Area:
9,271 Sqft
Built-Up Area:
12,778 Sqft
Lot Area:
22,651.20 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Features:
Oversized Lot, Landscaped, Many Trees
Lot Size Acres:
0.52
Property Features
View from the Property:
Water, Intracoastal
Waterfront:
Yes
Waterfront Features:
Ocean Access, Navigable Water, Seawall, No Fixed Bridge, Intracoastal
Frontage Length:
120
Private Pool
Swimming Pool Features:
Heated, In Ground, Pool/spa Combo
Spa
Spa Features:
Heated, In Ground
Security:
Security System
Furnished:
Negotiable
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Cooktop, Freezer, Ice Maker, Water Heater, Tankless Water Heater, Wine Refrigerator, Oven, Energy Star Qualified Dishwasher, Free-Standing Freezer, Energy Star Qualified Dryer, Gas Cooktop
Interior:
High Ceilings, Walk-In Closet(s), Closet Cabinetry, Kitchen Island, Entrance Foyer, Built-in Features, Bar, Wet Bar, Elevator, Bedroom Layout - Split, Cabana Bath
Exterior:
Balcony, Lighting, Outdoor Kitchen, Garden, Built-in Barbecue, Pool Bathroom
Patio and Porch:
Patio, Patio - Covered
Windows:
Storm Window(s)
Laundry:
Laundry Room, Upper Level, Lower Level, Multiple Locations, Sink
Doors:
French Doors
Fireplace
Fireplace:
Wood Burning
Air Conditioning
Air Conditioning System:
Zoned, Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Fence:
Wood, Fenced, Privacy, Front Yard, Security, See Remarks
Boat and Dock Features:
Private Dock, Electric Available, Lift, No Wake Zone, Water Available
Property Entrance Faces:
West
Other Equipment:
Generator, Home Theater
Balcony Details:
Balcony - Covered, Balcony - Open
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2010
Roof:
Barrel
Architectural Style:
Old Spanish
Levels:
Two
Construction Materials:
CBS, Concrete Block - With Stucco
Flooring:
Tile, Wood
Number of stories:
2
Structure Type:
House
Stories:
2
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$186,044.36
Tax Year:
2025
Tax Assessed Value:
$10,084,715.00
Property Tax Details:
City/County
Parking
Parking Total Spaces:
12
Garage
Garage Spaces:
6
Covered Spaces:
6
Attached Garage
Parking Features:
Driveway, Garage, Garage Door Opener, Attached, Paver Block, Attached Garage, Boat Access/parking
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Underground Utilities, Phone Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source:
Public
Community
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
MOORINGS DELRAY BEACH
Senior Community:
No
Restrictions:
No Restrictions
Community Dock
Leasing Permitted
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Other, Close Of Escrow
Zoning and Legal
Tax Legal Description:
THE MOORINGS~ DELRAY BCH LT E /LESS E 148.30 FT OF N 145.6 FT/
Real Estate Folio Number (Parcel Number):
12434616120000051
Zoning:
R-1-AA (city)
Public Schools Assigned
Elementary School:
Park Lakes
High School:
Atlantic
Middle Or Junior School:
Carver Community
Listing History
Active on the market since:
October 8, 2026
Listing Agreement executed on:
October 8, 2026
Listing Status Last Changed On:
October 8, 2026 2:36 pm
Photos updated on:
October 8, 2026 2:36 pm
Last Modified:
October 12, 2026 2:53 pm
Additional Information
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
2nd
Street Number:
706
City:
Delray Beach
State:
Florida
Zip Code:
33483
County:
Palm Beach
Latitude:
N26° 27' 26.9''
Longitude:
W81° 56' 4.9''
Street Suffix:
Street
Street Direction Prefix:
SE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $117,854
Median Home Value $755,700
Median Rent $2,306/mo
Median Age 59
Population 12,595
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Association of REALTORS®
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