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706 SE 2nd Street, Delray Beach, FL 33483

New Listing
$27,500,000
Property Type: Residential Bedrooms: 7 Baths: 11 Square Footage: 12,778 Status: Active
Current Price: $27,500,000 List Date: 10/08/2026 Last Modified: 10/09/2026

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.

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.

More Information MLS# B26085778

Contract Information

Comp Sale YN: No Occupant Type: Call Listing Agent Listing Date: 2026-10-08 Status: Active Original List Price: 27500000 List Price: $27,500,000 Current Price: $27,500,000 Listing Service: Full Service

Location and Legal

County Or Parish: Palm Beach Municipality Type: Incorporated Municipal Code: 12 Geographic Area: PB06 Subdivision Number: 12 Special Assessment YN: No Country: United States Street Number: 706 Street Direction Prefix: SE Street Name: 2nd Street Suffix: Street State Or Province: FL Postal Code: 33483 Postal Code +4: 5312 Subdivision Name: MOORINGS DELRAY BEACH Area: 4230 Elementary School: Pine Grove Middle Or Junior School: Carver Community High School: Atlantic Parcel Number: 12434616120000051 Zoning: R-1-AA (city) Directions: 3 blocks south of Atlantic Avenue on the Intracoastal Waterway.

General Property Information

Adjusted Area Main: 9984 Living Area Main: 9271 Living Area Source: Public Records Accessibility Features YN: No Gated Community YN: No Lot Size Area: 22651.2 Water Frontage Feet: 120 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Negotiable Stories Total: 2 Stories: 2 Fireplace YN: Yes Pool Private YN: Yes Spa YN: Yes LP/Assessed Value: 2.73 Property Sub Type: Single Family Residence Bedrooms Total: 7 Bathrooms Total: 11 Bathrooms Full: 9 Bathrooms Half: 2 Building Area Main: 12778 Building Area Source: Public Records Year Built: 2010 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 6 Covered Spaces: 6 Parking Total: 12 Lot Size Acres: 0.52 Waterfront YN: 1 Direction Faces: West

Financial Information

Master Association YN: No Estimated Monthly Assoc Recurring Fee: 0 Membership Fee Required YN: No Tax Assessed/SOH Value: 10084715 Assessor Market Value: 11089157 Tax Annual Amount: 186044.36 Tax Year: 2025 Tax Legal Description: THE MOORINGS~ DELRAY BCH LT E /LESS E 148.30 FT OF N 145.6 FT/

Office/Member Information

DXORIGMLSID: RML

Dining Area

Eat-In Kitchen: 1 Family/Dining Combination: 1 Formal Dining: 1

Electric

Three Phase: 1

Exterior Features

Built-in Barbecue: 1 Garden: 1 Lighting: 1 Outdoor Kitchen: 1 Pool Bathroom: 1

Fireplace Features

Wood Burning: 1

Flooring

Tile: 1 Wood: 1

Leasing Permitted Details

Leasing Permitted YN: Yes

Parking Features

Boat Access/Parking: 1 Driveway: 1 Garage Door Opener: 1 Paver Block: 1 Attached: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1 Updated/Remodeled: 1

Spa Features

Heated: 1 In Ground: 1

Special Listing Conditions

Standard: 1

Fencing

Fenced: 1 Front Yard: 1 Privacy: 1 Security: 1 Wood: 1 See Remarks: 1

Structure Type

House: 1

Possession

Close Of Escrow: 1 Other: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Available: 1 Sewer Connected: 1 Water Connected: 1 Underground Utilities: 1

View

Water: 1

Heating

Central: 1 Electric: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Water View

Intracoastal: 1

Window Features

Storm Window(s): 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 ENERGY STAR Qualified Dishwasher: 1 ENERGY STAR Qualified Dryer: 1 Free-Standing Freezer: 1 Freezer: 1 Gas Cooktop: 1 Ice Maker: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1 Water Heater: 1 Wine Refrigerator: 1 Cooktop: 1

Construction Materials

CBS: 1 Concrete Block - With Stucco: 1

Interior Features

Bar: 1 Bedroom Layout - Split: 1 Built-in Features: 1 Cabana Bath: 1 Closet Cabinetry: 1 Elevator: 1 Entrance Foyer: 1 French Doors: 1 High Ceilings: 1 Kitchen Island: 1 Walk-In Closet(s): 1 Wet Bar: 1

Laundry Features

Laundry Room: 1 Lower Level: 1 Multiple Locations: 1 Sink: 1 Upper Level: 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Landscaped: 1 Many Trees: 1 Oversized Lot: 1

Other Equipment

Generator: 1 Home Theater: 1

Pool Features

Heated: 1 In Ground: 1 Pool/Spa Combo: 1

Roof

Barrel: 1

Security Features

Security System: 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 Navigable Water: 1 Seawall: 1

Water Heater Details

Tankless Water Heater: 1

Architectural Style

Old Spanish: 1

Boat and Dock Information

Dock: Yes Dock Details: Boat Lift

Boat and Dock Features

Electric Available: 1 Lift: 1 No Wake Zone: 1 Private Dock: 1 Water Available: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1 Zoned: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 Text Listing Agent: 1

Main Level Rooms

Main Level Bathrooms: 4 Main Level Bedrooms: 1

Main Living Area

Entry Level: 1

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Upstairs: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pet Details

Pet Fee YN: No

Pool Size Details

Pool Size (WxL): 22x26

Restrictions

No Restrictions: 1

Storm Protection

Impact Glass: Complete

Tax Information

City/County: 1

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Covered: 1 Balcony - Open: 1

Patio Details

Patio - Covered: 1

Room Types

Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Master Bedroom: 1 Master Bedroom Level: Second

Price Calculations

Current Price To SqFt: 2966.23

Acreage Description

1/2 To Less Than 1 Acre Lot: 1 Less Than 1 Acre Lot: 1

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

Room Information

Kitchen Length: 16.00 Length: 16.00 Width: 14.00 Width: 14.00 Level: Main Living Room Length: 14.00 Length: 14.00 Width: 20.00 Width: 20.00 Level: Main Master Bedroom Length: 20.00 Length: 20.00 Width: 19.00 Width: 19.00 Level: Second
Listing Office: Douglas Elliman
Last Updated: October - 09 - 2026
706 SE 2nd Street, Delray Beach, FL 33483- MLS# B26085778
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.