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Sold for $325,000
  • $325,000

    555 Banyan Tree Lane #111, Delray Beach, FL 33483

    2beds
    1,300sqft
    Condominium
    Built in 1979
    -- sqft lot
    $360,200 Zestimate®
    $250/sqft
    $3,128 Estimated rent

    Home value

    $360,200

    $328,000 - $396,000

    $3,128/mo

    Zestimate® history
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    What's special

    Welcome to Banyan Tree Village, a truly exceptional slice of East Delray living! This 1st-floor corner unit, nestled within this highly sought-after community, offers more than just a home; it offers an unparalleled lifestyle experience. As you step inside this light and airy sanctuary, you'll be greeted by an open interior that is both welcoming and functional. The spacious kitchen features modern appliances, while the dining and living areas create a perfect space for entertaining. The master suite offers a serene retreat for pampering and relaxing. The walk-in closet is a fashion enthusiast's dream, offering ample space for your entire wardrobe. As if that wasn't enough, the master bedroom also opens up to a lovely patio, creating a seamless connection to the outdoors. This unit has a brand-new AC, new electrical panel, new flooring in the living/dining rooms, new walk-in shower in the master, new patio screens, new doors for laundry and tankless water heater which means that you can move in with confidence, knowing that your home's essentials are in tip-top shape. Beyond the confines of your charming unit, Banyan Tree Village offers residents a truly remarkable living experience. The community is tucked away in a picturesque, park-like setting, and you'll have access to a refreshing pool and a spacious clubhouse with a full kitchen, perfect for hosting events and gatherings. Location couldn't be more perfect! Within walking distance, you'll find an array of shopping options, including Publix, Fresh Market, Trader Joe's, LA Fitness, Nordstrom Rack, and TJ Maxx. Dining options are just as abundant, with Duffy's and more in close proximity. For those who crave the beach, you're just a short distance away, and downtown Atlantic Avenue is at your fingertips, offering a vibrant mix of dining, entertainment, and cultural experiences. Parking is a breeze with one assigned space right in front of your door and ample open parking for visitors. Additionally, this property offers the opportunity for rentals right away (with a minimum 3-month stay) - a fantastic option for those looking to invest or enjoy the Florida lifestyle part-time. Banyan Tree Village is an all-age community, and indoor cats, birds and fish are welcome. What a perfect and desirable destination to embrace the Florida sunshine and the coastal lifestyle you've been dreaming of. Don't miss this opportunity to make it your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Clark C Boles 561-350-3082,

    RE/MAX Services

    Bought with:

    Darlene L Streit, 3496596

    The Corcoran Group

    Source: BeachesMLS,MLS#: R10941713MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 255
    • Dimensions: 17 X 15
    Primary bedroom
    • Level: Main
    • Area: 255
    • Dimensions: 17 X 15
    Kitchen
    • Level: Main
    • Area: 300
    • Dimensions: 20 X 15
    Kitchen
    • Level: Main
    • Area: 300
    • Dimensions: 20 X 15
    Living room
    • Level: Main
    • Area: 450
    • Dimensions: 30 X 15
    Living room
    • Level: Main
    • Area: 450
    • Dimensions: 30 X 15
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Breakfast Bar, Dual Sinks, Living/Dining Room, Split Bedrooms, Storage, Tub Shower, Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Windows: Blinds, Plantation Shutters, Sliding
    Interior area
    • Total structure area: 1,300
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Guest
    • Uncovered spaces: 1
    Features
    • Levels: Multi/Split
    • Patio & porch: Covered, Patio, Screened
    • Exterior features: Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: None
    Details
    • Parcel number: 12434621300000111
    • Zoning: RM
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1979

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: BANYAN TREE VILLAGE CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool, Parking, Trail(s), Elevator(s)
    • Services included: Common Areas, Cable TV, Maintenance Grounds, Sewer, Trash, Water
    • HOA fee: $598 monthly
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $250/sqft
    • Tax assessed value: $270,000
    • Annual tax amount: $4,980
    • Date on market: 12/8/2023
    • Cumulative days on market: 129 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/13/2024Sold$325,000-1.2%$250/sqft
    Source: BeachesMLS #R10941713 Report a problem
    3/18/2024Price change$329,000-5.9%$253/sqft
    Source: BeachesMLS #RX-10941713 Report a problem
    12/8/2023Listed for sale$349,500+157%$269/sqft
    Source: BeachesMLS #RX-10941713 Report a problem
    8/22/2003Sold$136,000$105/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,158 -1.1%$270,000 -1%
    2024$5,217 +4.8%$272,855 +10%
    2023$4,979 +5.1%$248,050 +10%
    2022$4,739 +10.4%$225,500 +10%
    2021$4,292 +4.1%$205,000 +5.1%
    2020$4,124 -1.1%$195,000
    2019$4,170 $195,000 +57.6%
    2018$4,170 +130.6%$123,753 +2.1%
    2017$1,809 +1%$121,208 +2.1%
    2016$1,791 +0.2%$118,715 +0.7%
    2015$1,788 -2.7%$117,890 +0.8%
    2014$1,838 +1.8%$116,954 +1.5%
    2013$1,806 +0.1%$115,226 +1.7%
    2012$1,804 +2.2%$113,300 +3%
    2011$1,764 -0.3%$110,000
    2010$1,769 -37.1%$110,000 -30.5%
    2009$2,813 -22.1%$158,288 -25%
    2008$3,612 -17.5%$211,050 -0.4%
    2007$4,376 -13%$211,850 -5%
    2006$5,031 $223,000 +73.7%
    2005-- $128,400 +20%
    2004$1,591 +1417.7%$107,000 +73.4%
    2003$105 -89%$61,705 +2.4%
    2002$954 +1.3%$60,259 +1.6%
    2001$942 +5.7%$59,310 +3%
    2000$891 +20.9%$57,583 -4.7%
    1999$737 $60,400
    Find assessor info on the county website

    Neighborhood: 33483

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pine Grove
    • Middle: Boca Raton Community
    • High: Boca Raton

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $360,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $360,200