NOT LISTED FOR SALE

40 Pelican Pointe Dr Unit 2040 Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $340,237 - $404,000

2 Beds
2 Baths
1,135 Sq Ft
$699/mo HOA Fee

Last Sold September 06, 2024

Last sale price $315,000 $278 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,063/month

241 Days on Market

Highlights

  • Gated with Attendant
  • Garden View
  • Screened Porch
  • Boca Raton Community Middle School Rated A-
  • Furnished
  • Community Pool

About This Home

As of September 2024

Nestled in a sought-after boaters' community, this 2-bedroom, 2-bath condo on the second floor is a haven for boating enthusiasts. The condo has been meticulously kept in its original condition. Its true allure lies in the lifestyle it offers. The spacious, screened-in balcony with storage is a perfect spot for relaxing. Enjoy a large main bedroom and open living and dining room in a tropical paradise. Boaters and Delray Beach aficionados will be delighted in this community. The availability of docks, when open, provides a convenient option for docking your vessel close to home. In addition to boating facilities, the community boasts a pool and tennis courts. Fabulous location close to famed Atlantic Ave, promising a blend of fine dining, shopping, and entertainment.

Last Agent to Sell the Property

Alicia Lammersdorf

Illustrated Properties License #3044766 Listed on: 12/15/2023

Illustrated Properties

Last Buyer's Agent

Danielle Lopata

Ocean Insiders LLC License #0605678

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1987

Lot Details

  • 4.18

HOA Fees

  • $699 Monthly HOA Fees

Interior Spaces

  • 1,135 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Blinds
  • Formal Dining Room
  • Screened Porch
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Detached Garage
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 12434632340122040

Community Details

Overview

  • Association fees include management, insurance, pool(s), sewer, security, water
  • Pelican Pointe Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,256

Year Built

Built in 1987

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 east on Linton to Fed Hwy South to Landow left to entrance of Pelican Pointe. After gate, turn right to end and park in guest parking
  • Year Built: 1987
  • Entry Level: 204
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1135.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Fence
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage, Guest

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 699.0
  • Community Features: Gated, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance, Pool(s), Sewer, Security, Water

Lot Info

  • Parcel #: 12434632340122040
  • Zoning Description: res

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5256.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Bruce Dean Gardner Living Trust and England Kimberly Gardner
Bought by
England Clay Kesler
Current Estimated Value
$363,559

Purchase Details

Listed on
Dec 15, 2023
Closed on
Sep 6, 2024
Sold by
Cassanelli George
Bought by
Bruce Dean Gardner Living Trust and England
Seller's Agent
Alicia Lammersdorf
Illustrated Properties
Buyer's Agent
Danielle Lopata
Ocean Insiders LLC
List Price
$400,000
Sold Price
$315,000
Premium/Discount to List
-$85,000
-21.25%
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
Apr 2, 2004
Sold by
Davidson Frances J
Bought by
Cassanelli George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
England Clay Kesler -- None Listed On Document
Bruce Dean Gardner Living Trust $315,000 First American Title Insurance
Cassanelli George $193,000 Royalty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cassanelli George $154,400
Closed Cassanelli George $28,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $315,000 -8.7% $278 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
08/04/2024 08/04/24 Price Changed $345,000 -2.8% $304 / Sq Ft
06/17/2024 06/17/24 Price Changed $355,000 -2.7% $313 / Sq Ft
05/02/2024 05/02/24 Price Changed $365,000 -1.4% $322 / Sq Ft
04/03/2024 04/03/24 Price Changed $370,000 -2.6% $326 / Sq Ft
02/28/2024 02/28/24 Price Changed $380,000 -2.6% $335 / Sq Ft
01/23/2024 01/23/24 Price Changed $390,000 -2.5% $344 / Sq Ft
12/18/2023 12/18/23 For Sale $400,000 -- $352 / 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 $5,496 $270,859 -- --
2023 $5,256 $246,235 $0 $0
2022 $4,794 $223,850 $0 $0
2021 $4,256 $206,000 $0 $206,000
2020 $3,898 $185,000 $0 $185,000
2019 $3,676 $172,000 $0 $172,000
2018 $3,580 $171,000 $0 $171,000
2017 $3,656 $190,000 $0 $0
2016 $3,292 $147,400 $0 $0
2015 $3,067 $134,000 $0 $0
2014 $3,114 $134,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alicia Lammersdorf

    Seller's Agent in 2024

    Alicia Lammersdorf

    Illustrated Properties

    (561) 809-8328

    1 in this area

    47 Total Sales

    Alicia Lammersdorf
    Section Image

  • D

    Buyer's Agent in 2024

    Danielle Lopata

    Ocean Insiders LLC

    (305) 814-7736

    2 in this area

    11 Total Sales

    Danielle Lopata
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10943893

BeachesMLS

APN: 12-43-46-32-34-012-2040

Florida Palm Beach County Delray Beach 33483 Tropic Isle

40 Pelican Pointe Dr Unit 2040, Delray Beach, FL

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.

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