111 First

In This Community

2 condos for sale

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When the Vergara Group zoned in on Downtown Delray Beach, you knew something luxurious was in the air. With 15 million square feet of construction under their belt (mainly residential and office projects), second-generation developer Felipe Vergara led the development of 111 First Delray condos for sale on a 40-acre real estate footprint in Delray Beach. The company’s mission is to significantly contribute to South Florida lifestyles with stunning value-add projects in exclusive locations by delivering residences that compete with Downtown Boca towers like Alina and Tower 155.

111 First Condos For Sale

Reduced

$999,000

$1,175,000

MLS#RX-11052573

111 Se 1st Avenue 404
Delray Beach, FL 33444

2

2

1

1,396 Sq Ft

253 Days

Reduced

$939,000

$1,149,000

MLS#AX-11725876

111 Se 1st Ave 316
Delray Beach, FL 33444

2

2

2

1,288 Sq Ft

312 Days

2 Active Listings in 111 First

When construction began on the 70 units - 750 to 1,800 square feet (UA) - in a low-rise tower, many Realtors communicated that pricing was around $400 a sq foot directly from the Vergara. Those prices are past tense in 2022 (i.e., three years after completion). Recent closures of condos for sale in 111 First Delray are between $950 and $1,100 a sq foot (UA) for the one-, two-, and three-bedroom models. For a community with only city views, it’s a tribute to a location two blocks from Atlantic Avenue. Other features include:

• Spanish porcelain plank flooring with a wood look.
• Stainless steel Bosch kitchen appliances in gourmet kitchens alongside high-end custom Italian cabinetry with quartz countertops.
• High-tech smart-home automation technology with upgrade capabilities.
• Rooftop balconies for some penthouse models.
• Sophisticated, sleek, and contemporary architectural design
• Watertight security centered on key fob access to the impressive lobby and gated parking.
• High-impact glass sliders and windows throughout.
• Excellent private and bicycle storage - some of it air-conditioned.
• A pet-friendly HOA
• Reasonable monthly fees of 57 cents per square foot of ownership.
• Rentals with some restrictions.
• Stunning garden and city views.

Undoubtedly, “location, location, location” is what this neighborhood is all about, and judging by the prices, buyers agree. Globally famous Atlantic Avenue nightlife, with more than eighty restaurants, bars, and live entertainment, all within walking distance, is the epitome of high-class urban living and vibrant action 24/7/365. Residents can stroll to it and arrive at white sand beaches on the A1A by foot or bike in minutes. Moreover, like any modern city, Delray Beach provides high-end shopping, supermarkets, banking, healthcare facilities, and beauty salons - you name it - on the doorstep of 111 First Delray Beach. And that’s only part of the entire location story:

• Docking for yachts at the Delray Harbor Club marina is around the corner.
• Excellent schools attach to its address (see below).
• Parks, nature preserves, golf courses, and watersport providers are within a three-mile radius.
• Getting to the I95 for an Uber ride to two international airports, north and south, is a less-than-thirty-minute experience.  

Lifestyle Amenities include landscaped recreation areas integrated with an expansive pool deck that surrounds a heated swimming pool exclusively for residents and guests. Dotted all around are loungers, a sheltered open-air lounge area, and a summer kitchen for condo owners into poolside entertainment. In addition, the latter will not be disappointed with facilities that embrace a bar, televisions, a billiards table, and a fire pit ideal for cooler evenings. Moreover, every condo has integrated ultra-high-speed internet and access to a state-of-the-art fitness center. Finally, anyone interested in this complex should have a budget of $750,000 (for a studio) up to $2 million (for the largest and best-positioned penthouses).

111 First Summary

111 First is a condominium building in Delray Beach, Florida, with a range of options priced between $430,000 and $7,000,000. There are currently a total of 2 condos for sale in 111 First. The smallest 111 First condo presently available is a two bedroom two bathroom residence that is 1,288 square feet (1,032SF Under Air living space), and the largest of the 111 First condos currently on the market has two beds and two baths and is a 3,439 square foot (2,582SF Under Air) residence.

Building amenities include a clubhouse, swimming pool, spa / hot tub, cabana, a state-of-the-art fitness center, billiards room, business center, and a library. Onsite dining venues consist of a picnic area, and a barbecue area. There is also walking or jogging trails.

The 111 First HOA rules do allow homeowners to have pets.

There are three commercial airports that serve 111 First - Palm Beach International Airport (PBI), which is sixteen miles away; Fort Lauderdale Hollywood International Airport (FLL), which is twenty seven miles away, and Miami International Airport (MIA), which is 48 miles away.

111 First real estate activity on the Delray Beach MLS during the past year (as of September 2025) reflects two condos changing hands, with an average asking price of $1,122,500 and an average selling price of $1,017,500. This represents a healthy list-to-sell price ratio of 91% and $860 per square foot. During this period, 111 First condos for sale have taken an average of 193 days to sell.

In addition, there are numerous other condo buildings in Delray Beach to choose from, or you may browse all available Condos for sale in Delray Beach. Condos for sale in 111 First are selling quickly. Set up a new listing alert, and we will notify you immediately when a new condo in 111 First hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

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