931 Palm Trail, #4, Delray Beach, FL, 33483 | $1,995,000

Water views, dock & new lift! Waterfront Perfection in Chic Style, just Reduced. . . so bring your boat to Marina Del Rey, East Delray Beach! Experience waterfront living from this exquisitely renovated, 3 BD ground-floor residence in the highly coveted Marina Del Rey along the world-famous Palm Trail. Boasting its own private dock with a brand-new hoist, water, and electric, this is your opportunity to live the true Intracoastal lifestyle—with ocean access right from your backyard. Set in an intimate boutique 10-unit building only a 10 minute walk to the beach, this meticulously maintained, renovated end unit combines contemporary elegance with timeless coastal charm. Step inside to a bright, open-concept floor plan where panoramic water views take center stage from the moment you enter. The custom-designed kitchen is a showpiece, featuring quartzite counters and backsplash, a striking semi-precious Crystallina stone island table, and top-tier appliances perfect for both gourmet cooking and effortless entertaining. The adjacent living area features a custom built-in bar crafted with matching stone, complete with a wine refrigerator, beverage fridge, and ice maker - an entertainer's dream. Enjoy the luxury of porcelain tile flooring throughout, impact windows and doors, and a full-house air and water purification system including reverse osmosis. Every detail has been considered for comfort, health, and peace of mind. French sliders open to your expansive private patio and side yard, offering seamless indoor-outdoor living with direct access to the pool, dock, and the sparkling Intracoastal beyond. Both bedrooms are generously sized, each with patio access, while the primary suite enjoys tranquil water views and abundant natural light. Recent updates and paid assessments include a new roof, updated pool, new modern exterior lighting and new exterior paint ensuring a completely turnkey experience. Perfectly positioned just minutes to Downtown Delray Beach and Atlantic Avenue, where world-class dining, boutique shopping, and the pristine oceanfront await, this residence truly captures Delray Beach living at its finest. Pet-friendly (with restrictions) and complete with a large fenced-in yard great for your dog, this is more than a home it's a lifestyle. Stay for a season or stay forever - either way you'll never want to leave New hoist is located on the intracoastal waterway and is approved/authorized/permitted by the federal government.

Features

  • Parking: Assigned, Guest
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • Levels: 2
  • Amenities: Boating, Pool
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Washer Hookup
  • Complex: MARINA DEL REY CONDO
  • Development: Marina Del Rey
  • Year Built: 1982
  • Common Charge: $1,080 Monthly
  • Approx Sq. Feet: 1,766
  • Est. Taxes: $15,067
  • View: Intracoastal
  • Water Front: Yes
  • Boat Service: Private Dock, Electric Available, Water Available
  • Elem. School: Plumosa School of the Arts K-8
  • Middle School: Carver Community
  • High School: Atlantic
  • Pet Policy: Yes, Breed Restrictions, Number Limit, Size Limit, Pet Restrictions Possible
  • Appliances: Electric Water Heater, Water Purifier Owned, Dryer, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Water Heater, Water Purifier, Water Softener, Washer
  • MLS#: R11134966
  • Website: https://www.raveis.com
    /prop/R11134966/931palmtrail_delraybeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.

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Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12303

203.913.1633

Jorge.Rivera@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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931 Palm Trail, #4, Delray Beach, FL, 33483

$1,995,000

Team AFA - Darien

Luxury Properties Specialists

William Raveis Real Estate

Phone: 203.256.3264

Al@Raveis.com

Jorge L Rivera

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.913.1633

Jorge.Rivera@Raveis.com

NMLS Mortgage Loan Originator ID 12303

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.263% 6.223% 6.164%
Monthly Tax Payment $1,256 $1,256 $1,256
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,314 $9,697 $13,468
Total Monthly Payment $10,695 $11,078 $14,849

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.