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A rare waterfront compound offering two designer-renovated homes with 180' of deepwater in Tropic Isle. 945 Iris features 5BR/5BA, a first-floor primary suite, VIP guest suite, steam cabana bath, two-story living room, chef's kitchen with StruXure pergola, 2019 metal roof, and a 2024 resort pool/spa with Aqualink/Jandy/O2 plus 60' dock. 941 Iris offers 3BR/2. 5BA + den, 2023 renovations, skylit patio, designer wet bar, billiard/dining room, epoxy 2-car garage, playground, golf-course turf, and its own 60' floating dock. A shared courtyard with green walls, a cold plunge, and a sand bar completes this turnkey luxury estate. The Premier Waterfront Compound in Tropic Isle An extraordinary offering in Delray Beach's most prestigious boating enclave two fully updated canal-front residences presented as one integrated luxury compound, delivering 180 feet of deepwater frontage, long canal views, and quick Intracoastal access. Designed for refined coastal living, this estate unites architectural sophistication with highly curated indoor/outdoor experiences across both homes. 945 Iris Drive - The Main Residence Completely rebuilt down to the shell in 2019, the primary residence showcases 5 bedrooms, 5 baths, and an elevated contemporary-transitional aesthetic. A first-floor primary suite anchors the home with serene pool and garden views, while the upstairs VIP guest suite with covered lanai offers a private retreat for family or long-term guests. A dramatic two-story foyer and living room set the tone for the home's architectural scale. The chef's kitchen flows seamlessly to the outdoor living pavilion beneath a StruXure louvered pergola, creating an all-weather dining and entertaining space. The resort-style pool and spa were resurfaced in 2024 and upgraded with Aqualink, Jandy, and O2 systems, ensuring effortless control. A tiki hut, firepit lounge, swing seating, and designer lighting bring evening ambience to life. Additional features include: 3-car garage New luxury appliances Dual Miele laundry towers Custom wet bar 2019 metal roof 60' private dock + floating dock with ramp 941 Iris Drive - The Guest House A beautifully executed companion residence, completed in 2023, offering 3 bedrooms, 2. 5 baths, and a primary bonus den. Ideal for multigenerational living, long-term guests, extended family, or staff, the guest home mirrors the same design-forward vision. A covered patio with skylights and roll-down shades extends the interior outdoors, while the private backyard features a children's cedar playground and golf-course turf, creating a safe, elevated environment for play. The home's interior is anchored by a designer wet bar connecting the dining area and billiard lounge perfect for entertaining. Additional highlights include: 2-car garage with epoxy flooring and storage systems Commercial-grade washer and dryer 2022 metal roof 60' floating dock for watercraft and watersports The Courtyard & Shared Outdoor Sanctuaries The two homes are joined by a meticulously designed courtyard accessed through a custom architectural metal gate. Vertical green walls, artful plantings, and curated lighting create an intimate passage connecting both residences. At the heart of this shared space is an elevated beach-style sand bar with the outdoor kitchen island overlooking the water, creating a one-of-a-kind coastal amenity rarely found in Tropic Isle. Design & Technology Both properties feature: Interior designer-curated furnishings (included) Smart home automation Whole-property security systems Integrated audio and lighting design Luxury materials and contemporary finishes throughout Collectively, the compound offers 6, 498 interior sq ft, 8 bedrooms, 7 full baths + 1 half bath, 5 garage spaces, and two independent docks, a generational family retreat, entertainers' paradise, or boutique-scale luxury compound.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $6,799,200 | $6,799,200 | $6,799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | $5,133 | $5,133 | $5,133 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $39,140 | $40,765 | $56,007 |
| Total Monthly Payment | $44,398 | $46,023 | $61,265 |
* 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.