968 BANYAN DR, DELRAY BEACH, FL 33483

Parcel: 12434628020001850 · Single Family · Zoning: 001

Assessed Value (2026)
$1,775,166

Property Details

Year Built
1997
Lot Sqft
8,956

Sales History

1
$2,875,000
2024-05-01
2
$2,875,000
2024-05-03
3
$2,875,000
2024-05-16

Tax Assessment History

$1,775,166
Assessed (2026)
$2,275,166
Market Value
$1,724,444
Taxable Value
$35,108
Annual Tax
2025
$1,775,166
$2,275,166
2026
$1,775,166
$2,275,166
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $1,775,166 $2,275,166 $1,724,444 $35,108
2025 $1,775,166 $2,275,166 $1,750,166 $35,632

About 968 BANYAN DR, DELRAY BEACH, FL 33483

968 BANYAN DR, DELRAY BEACH, FL 33483 is a property built in 1997 on a 8,956 square foot lot. The property is currently owned by ROOPCHAND HEMRAJ & ROOPCHAND SOOKRANIE, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-05-16 for $2,875,000. There are 3 recorded sales for this property. The 2026 assessed value is $1,775,166 with a market value of $2,275,166.

This breaks down to $1,605,000 for the land and $670,166 for the building. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $94,810, and the median home value is $456,300. The population density is 5,439 people per square mile.

There are active mortgage liens totaling $660,252 recorded against this property. 968 BANYAN DR, DELRAY BEACH, FL 33483 is located in DELRAY BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this DELRAY BEACH property are sourced from palm_beach County public records.

The complete ownership history of this property spans from 2024 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 62% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

ROOPCHAND HEMRAJ & ROOPCHAND SOOKRANIE
968 BANYAN DR, DELRAY BEACH, FL, 33483
Since: 2026-04-03
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$13,181 — $23,167
Flood $400 — $800
Property/Wind $12,781 — $22,367

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$94,810
Median Home Value$456,300
Pop. Density5,439/sq mi

Neighborhood 33483

69.5%
Owner-Occ
30.5%
Investor
1,306
Flips (4yr)
3,124
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$675,000
~$660,252 bal.
UNITED WHOLSALE MORTGAGE LCL · 2024-05-16
1 satisfied mortgage
SATISFIED 2021-01-12
$548,000
NP INC
Est. Total Balance $660,252
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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