NOT LISTED FOR SALE

50 Pelican Pointe Dr Unit 2040 Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $358,882 - $397,000

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

Last Sold June 20, 2024

Last sale price $390,000 $344 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,952/month

89 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Screened Porch
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • Community Pool

About This Home

As of June 2024

Welcome to your slice of paradise in Delray Beach! Nestled just minutes away from the breathtaking Delray beaches, marinas, and renowned restaurants. The kitchen and bathrooms have been thoughtfully redesigned to exude modern sophistication. Luxurious vinyl flooring flows seamlessly throughout, adding a touch of opulence to every step. The living space is open and airy, leading out to an amazing balcony to enjoy your morning coffee this balcony is sure to be your favorite spot to unwind. Your convenience is ensured with one covered parking space and ample guest parking spots available. Guarded gate and Washer/Dryer inside the home.
Indulge in resort-style amenities including a heated pool, tennis courts, and pickleball courts, offering endless opportunities for recreation and relaxation.

Last Agent to Sell the Property

Lisa Pennie

VantaSure Realty LLC License #3338361 Listed on: 03/22/2024

Last Buyer's Agent

Darlene Streit

The Corcoran Group License #3496596

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,848

Year Built

  • Built in 1986

Lot Details

  • 4.18

HOA Fees

  • $699 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,135 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Garden Views
  • Dishwasher
  • Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12434632340082040

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, pool(s), reserve fund, roof, security, water
  • Pelican Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,848

Year Built

Built in 1986

Lot Details

0

HOA Fees

$699 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Federal Highway between Linton and Yamato. Turn East on Tropic Isle Dr. Then left to the guard gate and Immediate right.
  • Year Built: 1986
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Second Floor Entry, Main Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Living Area: 1135.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Guest, One Space

Utilities

  • Security: Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 699.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Clubhouse, Pickleball, Pool, Tennis Court(s)
  • Association #2 Fee: 699.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof, Security, Water

Lot Info

  • Parcel #: 12434632340082040

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2848.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 20, 2024
Sold by
Cabrera Steven M and Cabrera Living Trust
Bought by
Cohen Ronald and Sandler Kim
Seller's Agent
Lisa Pennie
VantaSure Realty LLC
Buyer's Agent
Darlene Streit
The Corcoran Group
List Price
$405,000
Sold Price
$390,000
Premium/Discount to List
-$15,000
-3.7%
Views
78
Current Estimated Value
$383,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,279
Avg. Annual Appreciation
-1.20%

Purchase Details

Closed on
Apr 14, 2021
Sold by
Cabrera Steven M and Cabrera Isabel M
Bought by
Cabrera Steven M and Cabrera Isabel M

Purchase Details

Listed on
Dec 14, 2011
Closed on
Apr 30, 2012
Sold by
Berkowitz Marylyn
Bought by
Cabrera Steven M and Cabrera Isabel M
Seller's Agent
Donald Rathbun
Signature Best Florida Realty
Buyer's Agent
Stephen Rubin
Regency Realty Services
List Price
$162,500
Sold Price
$148,000
Premium/Discount to List
-$14,500
-8.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$108,750
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
The Marylyn Berkowitz Revocable Trust and Berkowitz Marylyn
Bought by
Berkowitz Marylyn

Purchase Details

Closed on
Feb 26, 2008
Sold by
Berkowitz Marylyn
Bought by
The Marylyn Berkowitz Revocable Trust

Purchase Details

Closed on
Mar 1, 2001
Sold by
Carmelo Mortellaro M and Phyllis Mortellaro M
Bought by
Berkowitz Marylyn
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
Cohen Ronald $390,000 None Listed On Document
Cohen Ronald $390,000 None Listed On Document
Cabrera Steven M -- Attorney
Cabrera Steven M $148,000 Independence Title Insurance
Berkowitz Marylyn -- None Available
The Marylyn Berkowitz Revocable Trust -- None Available
Berkowitz Marylyn $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabrera Steven M $108,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $390,000 -2.5% $344 / Sq Ft
04/05/2024 04/05/24 Price Changed $399,999 -1.2% $352 / Sq Ft
03/22/2024 03/22/24 For Sale $405,000 0.0% $357 / Sq Ft
08/01/2014 08/01/14 Rented $1,495 -10.7% --
07/02/2014 07/02/14 Under Contract -- -- --
04/14/2014 04/14/14 For Rent $1,675 +8.1% --
11/07/2013 11/07/13 Rented $1,550 -7.5% --
10/08/2013 10/08/13 Under Contract -- -- --
08/09/2013 08/09/13 For Rent $1,675 +11.7% --
07/27/2012 07/27/12 Rented $1,500 -9.1% --
06/27/2012 06/27/12 Under Contract -- -- --
05/15/2012 05/15/12 For Rent $1,650 0.0% --
04/30/2012 04/30/12 Sold $148,000 -8.9% $129 / Sq Ft View Prior Sale
03/31/2012 03/31/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $162,500 -- $141 / 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 $2,886 $189,296 -- --
2023 $2,848 $183,783 $0 $0
2022 $2,802 $178,430 $0 $0
2021 $2,792 $173,233 $0 $0
2020 $2,768 $170,841 $0 $0
2019 $2,723 $167,000 $0 $167,000
2018 $3,479 $166,000 $0 $166,000
2017 $3,556 $185,000 $0 $0
2016 $3,201 $143,000 $0 $0
2015 $2,979 $130,000 $0 $0
2014 $3,025 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Pennie

    Seller's Agent in 2024

    Lisa Pennie

    VantaSure Realty LLC

    (954) 665-6184

    1 in this area

    34 Total Sales

    Lisa Pennie
    Section Image

  • D

    Buyer's Agent in 2024

    Darlene Streit

    The Corcoran Group

    (561) 531-2727

    1 in this area

    70 Total Sales

    Darlene Streit
    Section Image

  • S

    Seller's Agent in 2014

    Stephen Rubin

    Regency Realty Services

  • J

    Buyer Co-Listing Agent in 2014

    JJ Havekotte

    Inactive Member

  • J

    Buyer's Agent in 2013

    John Mitchell

    The Beech Group

  • D

    Seller's Agent in 2012

    Donald Rathbun

    Signature Best Florida Realty

    (561) 302-7932

    1 in this area

    25 Total Sales

    Donald Rathbun
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10430525

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-32-34-008-2040

Florida Palm Beach County Delray Beach 33483 Tropic Isle

50 Pelican Pointe Dr Unit 2040, Delray Beach, FL

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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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