NOT LISTED FOR SALE

261 Pelican Way Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $738,000 - $920,796

2 Beds
2.5 Baths
1,513 Sq Ft
$573/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $610,000 $403 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,845/month

Highlights

  • Boat Ramp
  • Water Views
  • Clubhouse
  • Boca Raton Community Middle School Rated A-
  • Gated with Attendant
  • Attic

About This Home

As of February 2024

Upscale, fully furnished 2 bed, 2 bath single family home in exclusive Pelican Harbor Community.Elegant kitchen features a large island and brand new stainless steel appliances, quartz countertops, and high quality cabinet space. All new, durable, beautiful flooring throughout. Master bedroom has large, classy walk in closet, and its own sliding door leading to the outdoor patio. All new master bath is stunning in marble and quartz with chrome.Entire house has impact resistant doors and windows. Beautiful landscaping features new, high quality fake grass; in order to minimize bugs and eliminate maintenance. All new interior doors, doorknobs, fixtures and handles. This house is all around stunning!

Last Agent to Rent the Property

Benjamin Schwab

KeyRenters South Florida License #3369881 Listed on: 01/24/2024

Last Renter's Agent

Danielle Lopata

Ocean Insiders LLC License #0605678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,463

Year Built

  • Built in 1988

Lot Details

  • 5,053

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 1,513 Sq Ft Home
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Water Views
  • Attic

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Property Available on 10/1/24
  • Assessor Parcel Number 12434632320000080

Community Details

Overview

  • Association fees include internet
  • Pelican Harbor Ph 4 Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Community Library
  • Community Wi-Fi

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Park
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,463

Year Built

Built in 1988

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2024-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Heading south on federal highway make a left turn onto Tropic Isle Dr then turn right onto Spanish Trail. Follow the road and turn right into Pelican Harbor then follow then head straight house is le
  • Year Built: 1988
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Attic
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1513.0
  • Dining Room Type: Attic, Family Room

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Fencing: Wall
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: In Garage
  • Security: Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Clubhouse, Game Room, Gated, Internet Access, Park, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Library, Management, Pickleball, Pool, Tennis Court(s), Trail(s)
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Internet

Lot Info

  • Parcel #: 12434632320000080
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre,East of US-1,

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2025
Sold by
Toller Alex J and Alex J Toller 2015 Trust
Bought by
Mendel Daniel
Current Estimated Value
$866,949

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 16, 2022
Sold by
Walter Henry Hoft Trust
Bought by
Alex J Toller 2015 Trust
Seller's Agent
Alessandro Liguori
Premier Estate Properties, Inc
Buyer's Agent
Jeff Daly
Realty Home Advisors Inc
List Price
$630,000
Sold Price
$610,000
Premium/Discount to List
-$20,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Hoft Margaret L and Hoft Walter Henry
Bought by
Hoft Walter Henry and The Walter Henry Hoft Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mendel Daniel $919,000 None Listed On Document
Alex J Toller 2015 Trust $610,000 Partner Padula Bennardo Levine
Hoft Walter Henry -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alex J Toller 2015 Trust $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Rented $7,500 -11.8% --
01/24/2024 01/24/24 For Rent $8,500 +28.8% --
11/01/2022 11/01/22 Rented $6,600 -5.5% --
10/19/2022 10/19/22 Under Contract -- -- --
10/10/2022 10/10/22 Price Changed $6,985 -6.7% $5 / Sq Ft
10/06/2022 10/06/22 Price Changed $7,485 +7.2% $5 / Sq Ft
10/06/2022 10/06/22 For Rent $6,985 0.0% --
09/29/2022 09/29/22 Rented $6,985 0.0% --
08/30/2022 08/30/22 Under Contract -- -- --
08/29/2022 08/29/22 For Rent $6,985 0.0% --
02/28/2022 02/28/22 Sold $610,000 -3.2% $403 / Sq Ft
01/31/2022 01/31/22 For Sale $630,000 -- $416 / 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 $13,463 $724,390 -- --
2023 $14,879 $772,748 $355,983 $416,765
2022 $12,389 $624,119 $0 $0
2021 $7,300 $391,882 $0 $0
2020 $7,249 $386,471 $0 $0
2019 $7,152 $377,782 $0 $377,782
2018 $7,822 $377,606 $0 $377,606
2017 $7,264 $342,596 $0 $0
2016 $7,910 $363,569 $0 $0
2015 $4,892 $254,810 $0 $0
2014 $4,922 $252,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Schwab

    Landlord's Agent in 2024

    Benjamin Schwab

    KeyRenters South Florida

    (561) 889-2308

    90 Total Sales

    Section Image

  • D

    Tenant's Agent in 2024

    Danielle Lopata

    Ocean Insiders LLC

    (305) 814-7736

    2 in this area

    12 Total Sales

    Section Image

  • A

    Seller's Agent in 2022

    Alessandro Liguori

    Premier Estate Properties, Inc

    (561) 859-9777

    1 in this area

    4 Total Sales

    Section Image
  • Jeff Daly

    Buyer's Agent in 2022

    Jeff Daly

    Realty Home Advisors Inc

    (561) 302-2987

    2 in this area

    26 Total Sales

    Section Image
  • Jason Kulp

    Buyer's Agent in 2022

    Jason Kulp

    Illustrated Properties

    (561) 810-6597

    1 in this area

    25 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10953226

BeachesMLS

APN: 12-43-46-32-32-000-0080

Florida Palm Beach County Delray Beach 33483 Tropic Isle

261 Pelican Way, Delray Beach, FL

This home is located at 261 Pelican Way, Delray Beach, FL 33483 since 24 January 2024 and is currently priced at $866,949. This property was built in 1988. 261 Pelican Way is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Boca Raton Community Middle School, and Boca Raton Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes