$181,241 - $281,000
RENTED JUL 21, 2025

1140 Mahogany Way Unit 204 Delray Beach, FL 33445

2 Beds
2 Baths
1,167 Sq Ft
1979 Built

Last Sold April 02, 2018

Last sale price $95,000 $81 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,413/month

Highlights

  • Active Adult
  • Clubhouse
  • Sauna
  • Canal Access
  • Garden View
  • Sun or Florida Room

About This Home

As of July 2025

Live like you own this condo. For those with exquisite taste and desire an elevated living space. This newly renovated 2-bedroom, 2-bath corner unit features a new roof, fresh paint, impact windows, and energy-efficient upgrades. Brand new kitchen, baths, flooring, and impact windows. Gorgeous cabinetry. The spacious layout includes a redone, enclosed gorgeous lanai with lush, tropical views. Offered partially furnished, it's move-in ready. Enjoy low-maintenance living: water is included, plus basic Xfinity cable and internet and only pay the electric bill. One resident must be 55+. The owner also provides 1 monthly professional cleaning. Pines of Delray offers resort-style amenities including a pool, clubhouse, and fitness center. Close to downtown Delray and the beaches.

Last Agent to Rent the Property

Christine Sanderson

Serhant License #3421375 Listed on: 05/30/2025

Last Renter's Agent

John Moore

William Raveis Real Estate License #3542331

William Raveis Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1979

Lot Details

  • Zero Lot Line

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,167 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Sun or Florida Room
  • Screened Porch
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/1/25
  • Assessor Parcel Number 12434619160862040

Community Details

Overview

  • Active Adult
  • Association fees include internet
  • Pines Of Delray Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Putting Green

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,894

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From 95 exit at Linton Blvd, west on Linton and then right on Homewood Blvd. Right onto Black Olive Blvd. at the end of Black Olive Blvd, turn left onto Mahogany Way. Building will be on your left
  • Year Built: 1979
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1167.0
  • Dining Room Type: Florida Room, Laundry

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, None
  • View: Garden
  • Lot Features: Zero Lot Line
  • Pool Features: None, Association, Community
  • Waterfront Features: Canal Access
  • Waterfront: No
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Internet Access, Non-Gated, Pool, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)

Fee Information

  • Association Fee Includes: Internet

Lot Info

  • Parcel #: 12434619160862040
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Paved Road,Private Road,

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2018
Closed on
Apr 2, 2018
Sold by
Burkhead David E and Burkhead Kathryn K
Bought by
Ketcham Robert
Seller's Agent
Jeffrey Rosenthal
Coldwell Banker
Buyer's Agent
Lloyd Woods
Berkshire Hathaway Florida Realty
List Price
$107,500
Sold Price
$95,000
Premium/Discount to List
-$12,500
-11.63%
Current Estimated Value
$221,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,060
Avg. Annual Appreciation
11.92%

Purchase Details

Listed on
Jun 23, 2011
Closed on
Jan 10, 2012
Sold by
Livin Zechman Marilyn and Livin Donald Zechman Revocable
Bought by
Burkhead David E
Seller's Agent
Sally Childs
Berkshire Hathaway Florida Realty
Buyer's Agent
JoAnn Lee
Compass Florida LLC
List Price
$68,000
Sold Price
$55,500
Premium/Discount to List
-$12,500
-18.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Dec 10, 2008
Sold by
Zechman Donald
Bought by
Zechman Donald and Donald Zechman Revocable Living Trust

Purchase Details

Closed on
Feb 15, 2001
Sold by
Wittner David and Wittner Mflorence
Bought by
Donald Zechman and I
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ketcham Robert $95,000 Sunbelt Title Agency
Burkhead David E $55,500 Florida Title & Guarantee
Zechman Donald -- Attorney
Donald Zechman $42,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2025 07/21/25 Rented $2,600 0.0% --
07/17/2025 07/17/25 Under Contract -- -- --
05/30/2025 05/30/25 For Rent $2,600 +103.9% --
10/01/2019 10/01/19 Rented $1,275 -5.6% --
09/01/2019 09/01/19 Under Contract -- -- --
04/11/2019 04/11/19 For Rent $1,350 0.0% --
04/02/2018 04/02/18 Sold $95,000 -11.6% $81 / Sq Ft View Prior Sale
03/03/2018 03/03/18 Pending -- -- --
02/25/2018 02/25/18 For Sale $107,500 +93.7% $92 / Sq Ft
01/10/2012 01/10/12 Sold $55,500 -18.4% $48 / Sq Ft View Prior Sale
12/11/2011 12/11/11 Pending -- -- --
06/23/2011 06/23/11 For Sale $68,000 -- $58 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,894 $133,669 -- --
2023 $2,737 $121,517 $0 $0
2022 $2,556 $110,470 $0 $0
2021 $2,206 $100,427 $0 $100,427
2020 $2,190 $100,696 $0 $100,696
2019 $2,012 $88,965 $0 $88,965
2018 $1,772 $79,780 $0 $79,780
2017 $1,652 $71,960 $0 $0
2016 $1,641 $64,953 $0 $0
2015 $1,501 $59,048 $0 $0
2014 $1,371 $53,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11095599

BeachesMLS

APN: 12-43-46-19-16-086-2040