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Sold for $180,000
  • $180,000

    1040 N Palm Lane #B, Delray Beach, FL 33445

    2beds
    982sqft
    Villa
    Built in 1977
    -- sqft lot
    $174,900 Zestimate®
    $183/sqft
    $2,029 Estimated rent

    Home value

    $174,900

    $156,000 - $196,000

    $2,029/mo

    Zestimate® history
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    What's special

    PINES OF DELRAY. Act fast on this meticulously kept , fully furnished one-story interior villa. Great location with a breezy east exposure backing to a private park-like setting. There's also sliding glass door access from the living room into an oversized 194 sqft tiled patio with 5 sets of 52 inch tall slider windows. Plus it has its own Whirlpool AC unit for year-round usage. Tiled throughout, there are also 5 paddle fans, recessed lighting in kitchen and dining room, as well as custom built-ins in the kitchen, dining room and master bedroom. The eat-in kitchen (w/stack washer-dryer) has abundant cabinetry, a 20.2 cft LG top freezer-refrigerator, a Samsung 5.9 cuft capacity smooth top range and a Moen 1/2 HP disposal. And there's a Rheem 2.5 ton -14.5 seer AC. WELCOME TO THE PINES OF DELRAY! The Pines of Delray Association is a vibrant 55+ condominium community of 684 units spread out in 115 buildings. Built by Melrose Development Company in 13 phases from 1974 - 1978, the Pines of Delray sits on 72 acres -with 25 city-maintained streets- and within the city limits of Delray Beach. There are 5 "no wait" entrances for residents and their guests. At the peak of the winter season it is estimated that there are around 1,000 residents. The Pines of Delray is only a 2.4 mile drive to the Atlantic Ocean & beach parking. And on your drive to the beach you'll pass stores such as Home Depot, Target, Starbucks, Whole Foods Market, Fresh Market, Publix, Trader Joes, Outback Steak House, Duffys Restaurant, a popular bagel shop, a UPS store, a Post Office substation and numerous independent and franchised vendors. And the Pines of Delray is also only a 3.5 mile drive to the ever popular "downtown" Delray Beach -with its 80+ restaurants, taverns and coffee shops. People at the Pines of Delray are very friendly, there are lots of things to do, and the grounds look great. There are also a multitude of clubs, organization and card groups you can join. As a unit owner you are entitled to full usage of two clubhouses, two heated pools, 2 exercise rooms, putting green, billiard tables and bocce ball & pickleball courts. And if you like to walk at night, the city-maintained roads have approximately 48 street lights. Included in your monthly condo fee of $469 are fully funded reserves, building insurance, on-site professional management, water & sewer, fiber optic cable, high definition cable service with HBO, in-unit WIFI, exterior painting, and roof repair and maintenance. Sorry, but positively no pets are allowed except for up to 2 indoor cats, caged birds and tropical fish. There is also no smoking/vaping allowed on the catwalks, front door stoops, stairwells or within 50 feet of a building. Condominium documents prohibit corporate ownership (including no LLCs). Lastly, if you wish to rent out your unit, then you can only do so after 18 months of ownership. And then its once per month period, with a 4 month minimum. And UNLIKE some nearby condominiums: *There is no new owner capital contribution fee or new owner recreational fee. *There is no recreational lease or land lease. The association owns both clubhouses, all recreation areas and the ground beneath. You are not charged a monthly rec fee like other condos. *Water is included in your monthly condo fee--you do not receive a monthly water bill. *Fiber optic cable, HBO, high definition service and in-unit WIFI is included in your monthly condo fee and you do not receive a monthly cable & internet bill.(unless you upgrade) *There are no restricted times or days as to when your guests can use the clubhouses, pools and activity courts--NOT even during any holiday periods! *The city of Delray Beach maintains all the streets and street lights in the community- thereby saving the condo association a major expense. As a buyer, you need to receive the following condominium documents: 1. Amended and restated Declaration of Condominium (2015) 2. Amended and restated Articles of Incorporation (2015) 3. Amended and restated By-Laws (2015) [Note: there have been no amendments since 2015.] 4. Most recent "Rules & Regulations" Booklet . 5. Approved condominium budget (for 2023) 6. Frequently asked questions and answers sheet (2023) 7. Most recent corporate annual report (2023) 8. Florida DPR's Condominium Governance Booklet (2022) Also, The Protect Your Family From Lead Booklet. This booklet is a Federal requirement for any residential property you buy in the USA that was built prior to 1978. At the Pines of Delray the only exempt building are 29-30, 96-99 and 108-109 which were built in 1978. All other buildings are pre-1978. NOTE: there is no warranty, expressed or implied, as to the reliability or accuracy of the data provided. The supplement page is copyrighted through the Association of Realtor and may not be used without permission.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey S Rosenthal 561-271-3591,

    Coldwell Banker

    Bought with:

    Elizabeth Ann Nieporte, 3075861

    Keller Williams Realty Services

    Source: BeachesMLS,MLS#: R10924303MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 193.5
    • Dimensions: 15 X 12.9
    Bedroom 2
    • Description: Currently being used as a dining room
    • Level: Main
    • Area: 134.16
    • Dimensions: 12.9 X 10.4
    Kitchen
    • Level: Main
    • Area: 123.84
    • Dimensions: 14.4 X 8.6
    Living room
    • Level: Main
    • Area: 283.8
    • Dimensions: 22 X 12.9
    Heating
    • Central, Electric, Individual
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Water Heater, Washer
    Features
    • Breakfast Area, Eat-in Kitchen, Pantry, Split Bedrooms, Storage, Separate Shower, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Windows: Blinds, Drapes
    • Furnished: Yes
    Interior area
    • Total structure area: 1,176
    • Total interior livable area: 982 sqft

    Property

    Parking
    • Parking features: Assigned, Guest
    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Patio, Screened
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Garden
    • Waterfront features: None
    Lot
    • Dimensions: At least 1 occupant must be 55+; co-occupants 18+
    • Features: Cul-De-Sac
    Details
    • Parcel number: 12434619161060020
    • Zoning: RM(cit
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Villa
    Materials
    • Block
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Features: Property Manager On-Site, Street Lights
    • Security: None
    • Senior community: Yes
    • Subdivision: PINES OF DELRAY
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Picnic Area, Pickleball, Pool, Putting Green(s), Recreation Facilities, Sauna, Spa/Hot Tub, Tennis Court(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Recreation Facilities, Sewer, Water, Internet
    • HOA fee: $469 monthly
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $148,115
    • Annual tax amount: $491
    • Date on market: 10/3/2023
    • Cumulative days on market: 3 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/2/2023Sold$180,000$183/sqft
    Source: BeachesMLS #R10924303 Report a problem
    10/3/2023Listed for sale$180,000$183/sqft
    Source: BeachesMLS #RX-10924303 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,270 +4.4%$148,115 +0.4%
    2024$2,174 +373.6%$147,528 +209.4%
    2023$459 -6.5%$47,676 +3%
    2022$491 +4.2%$46,287 +3%
    2021$471 +2.3%$44,939 +1.4%
    2020$460 +3.5%$44,319 +2.3%
    2019$445 $43,323 +1.9%
    2018$445 +4.9%$42,515 +2.1%
    2017$424 +3.5%$41,641 +2.1%
    2016$409 +3.5%$40,785 +0.7%
    2015$395 +0.3%$40,501 +0.8%
    2014$394 +4%$40,180 +1.5%
    2013$379 +4.1%$39,586 +1.7%
    2012$364 +6.7%$38,924 +3%
    2011$342 +5.2%$37,790 +1.5%
    2010$325 +11.8%$37,232 +2.7%
    2009$290 +1.5%$36,253 +0.1%
    2008$286 +19.7%$36,217 +3%
    2007$239 +3.4%$35,162 +2.5%
    2006$231 $34,304 +3%
    2005-- $33,305 +3%
    2004$35 -69.9%$32,335 +1.9%
    2003$115 -53.4%$31,732 +2.4%
    2002$247 +3.5%$30,988 +1.6%
    2001$239 +1.4%$30,500
    2000$236 +120.6%$30,500 +1.7%
    1999$107 $30,000
    Find assessor info on the county website

    Neighborhood: Pines of Delray

    Nearby schools

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    Estimated market value
    $174,900
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    Estimated market value
    $174,900