NOT LISTED FOR SALE

405 Canal Point N Unit 1040 Delray Beach, FL 33444

Tropic Palms Neighborhood

Estimated Value: $287,000 - $396,000

2 Beds
2.5 Baths
1,558 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $250,000 $160 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,201/month

Highlights

  • Gated Community
  • Home fronts a canal
  • Community Pool
  • Boca Raton Community High School Rated A+
  • Loft
  • Impact Glass

About This Home

As of July 2024

Don’t miss this 2 bedroom/2.5 bathroom townhouse located in SE Delray Beach. All impact windows & doors. New window treatments. Chef’s kitchen featuring a pot-filler over the stove & plenty of countertop space. Giant snack bar. Huge bedrooms. Both bedrooms have walk-in closets & en-suite bathrooms. Both bedrooms are located upstairs. 2 assigned parking spaces, in front of unit. Lots of guest parking. No carpet! Upstairs laundry room, w/ folding counter. New toilets & freshly painted. 10-min drive to vibrant Downtown Delray Beach. Relaxing water view. Located on a brackish water peninsula. Gated boutique community with only 53 units total. Great place to paddleboard. Water, sewer & trash included. High ceilings. Newer roof. Annual lease only, per association.

Last Agent to Rent the Property

Ali Kazinetz

Balistreri Real Estate Inc License #3313169 Listed on: 04/28/2024

Last Renter's Agent

Giana Guistolisi

One Sotheby's International Realty License #3398939

One Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,743

Year Built

  • Built in 1984

Lot Details

  • Home fronts a canal
  • South Facing Home

Interior Spaces

  • 1,558 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Open Floorplan
  • Loft
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Fixed Bridges
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 4/26/23
  • Rent includes association dues, gardener, hot water, sewer, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 12434632230001040

Community Details

Overview

  • Point At Delray Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Gated Community
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,743

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-04-26

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Linton Blvd east to Dixie Hwy, south to Lindell Blvd, turn right (west). First left into Point at Delray Community.
  • Year Built: 1984
  • Lease Renewal Option: No
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Closet Cabinetry, Family/Dining Room, Kitchen/Dining Combo, Split Bedrooms, Walk-In Closet(s), First Floor Entry, Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1558.0
  • Dining Room Type: Laundry, Loft
  • Window Features: Blinds, Impact Glass, Other

Exterior Features

  • Exterior Features: Patio
  • View: Canal, Water
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Canal Front, Fixed Bridge, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two Spaces

Utilities

  • Security: Key Card Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Association Dues, Gardener, Hot Water, Sewer, Trash Collection, Water
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: Number Limit, Size Limit, Yes

Lot Info

  • Parcel #: 12434632230001040
  • Land Lease Amount Frequency: Monthly
  • Zoning Description: RM(cit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jan 19, 2023
Sold by
Seymour Charles
Bought by
Snow Gerard
Seller's Agent
Sara Tilly
Premier Brokers International
Buyer's Agent
Sara Tilly
Premier Brokers International
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
23
Current Estimated Value
$329,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,855
Avg. Annual Appreciation
10.60%
Original Mortgage
$187,500
Outstanding Balance
$181,802
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$141,072

Purchase Details

Closed on
Nov 25, 2013
Sold by
Guleff Stephen P and Guleff Cherylann
Bought by
Guleff Cherylann

Purchase Details

Closed on
Jul 2, 2003
Sold by
Guleff Stephen P
Bought by
Guleff Stephen P and Guleff Cherylann

Purchase Details

Closed on
Nov 9, 2001
Sold by
Dey Roger and Regan Dey Katheryn
Bought by
Guleff Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.5%

Purchase Details

Closed on
Apr 19, 2000
Sold by
Marilyn L Macdonald Tr
Bought by
Dey Roger and Regan-Dey Katheryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1994
Sold by
Macdonald Marilyn L
Bought by
Macdonald Marilyn L
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
Snow Gerard -- Bankers Title
Kazinetz Ali Jan $250,000 Bankers Title
Guleff Cherylann -- Attorney
Guleff Stephen P -- --
Guleff Stephen P $108,825 --
Dey Roger $72,000 --
Macdonald Marilyn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazinetz Ali Jan $187,500
Previous Owner Guleff Stephen P $15,000
Previous Owner Guleff Stephen P $138,000
Previous Owner Guleff Stephen P $102,600
Previous Owner Dey Roger $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $3,250 0.0% --
06/15/2024 06/15/24 Under Contract -- -- --
05/29/2024 05/29/24 Price Changed $3,250 -7.1% $2 / Sq Ft
05/17/2024 05/17/24 Price Changed $3,500 -5.4% $2 / Sq Ft
05/13/2024 05/13/24 Price Changed $3,700 -6.3% $2 / Sq Ft
05/04/2024 05/04/24 Price Changed $3,950 -12.2% $3 / Sq Ft
04/28/2024 04/28/24 For Rent $4,500 0.0% --
01/23/2023 01/23/23 Sold $250,000 -9.1% $160 / Sq Ft
01/04/2023 01/04/23 For Sale $275,000 0.0% $177 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $275,000 -- $177 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,743 $250,000 -- --
2023 $4,896 $250,000 $0 $250,000
2022 $4,630 $231,000 $0 $0
2021 $1,329 $100,974 $0 $0
2020 $1,312 $99,580 $0 $0
2019 $1,284 $97,341 $0 $0
2018 $1,212 $95,526 $0 $0
2017 $1,195 $93,561 $0 $0
2016 $1,187 $91,637 $0 $0
2015 $1,215 $91,000 $0 $0
2014 $1,298 $93,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2024

    Ali Kazinetz

    Balistreri Real Estate Inc

    (561) 699-7600

    1 in this area

    58 Total Sales

    Section Image
  • Giana Guistolisi

    Tenant's Agent in 2024

    Giana Guistolisi

    One Sotheby's International Realty

    (609) 923-0518

    79 Total Sales

    Section Image

  • S

    Seller's Agent in 2023

    Sara Tilly

    Premier Brokers International

    (561) 573-8267

    1 in this area

    16 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10436306

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-32-23-000-1040

Florida Palm Beach County Delray Beach 33444 Tropic Palms

405 Canal Point N Unit 1040, Delray Beach, FL

This home is located at 405 Canal Point N Unit 1040, Delray Beach, FL 33444 since 28 April 2024 and is currently priced at $322,874. This property was built in 1984. 405 Canal Point N Unit 1040 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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