$306,000 - $399,000
RENTED JUL 10, 2025

540 Canal Point S Unit 115A Delray Beach, FL 33444

Tropic Palms Neighborhood
2 Beds
2.5 Baths
1,615 Sq Ft
$220 Price per Sq Ft

Highlights

  • Lake Front
  • Gated Community
  • Canal View
  • Boca Raton Community High School Rated A+
  • Canal Access
  • Fruit Trees

About This Home

As of July 2025

Beautiful Waterfront Townhome in East Delray! New Complete Remodel with Top Quality Construction.2BR/2.5Bath, 1700sqft, new cabinets,SS appliances,quartz countertops,open concept! Great room/dining room with new Lifeproof Maple Flooring throughout. New ceilings,light fixtures,window treatments,patios,paint. Walk-in closets,en-suite bathrooms in both masters. Full size new washer/dryer in upstairs laundry room. Bonus office area on landing with skylight.This special home is on the Point with private dock and fruit trees overlooking the most beautiful view in a small gated community with pool,spa,walking paths,tennis and racquetball courts.C-15 Canal connects to Lake Ida and private dock can accommodate jet skis,small boatkayak/paddleboard.1 mi to Beach and Trader Joe's.EXCEPTIONAL!!

Last Agent to Rent the Property

James Holder

Jordyn Taylor Properties, LLC License #3043261 Listed on: 06/12/2025

Last Renter's Agent

Joyce Paz

Signature International RE License #3354043

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,380

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Home fronts navigable water
  • Cul-De-Sac
  • Fruit Trees

Interior Spaces

  • 1,615 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Skylights
  • Awning
  • Great Room
  • Den
  • Loft
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 8/1/25
  • Assessor Parcel Number 12434632230001151
  • Seller Considering Concessions

Community Details

Overview

  • 53 Units
  • Point At Delray Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Recreational Area

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,380

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-08-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Old Dixie Hwy, West on Lindell Blvd, Left into entrance, enter gate code,proceed around swimming pool to the very end building on the cul-de-sac. Townhouse on the Right
  • Year Built: 1987
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Split Bedrooms, Skylights, Separate Shower, Tub Shower, Bar, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1615.0
  • Dining Room Type: Den, Great Room, Laundry, Loft
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Awning(s), Balcony, Deck, Fruit Trees, Tennis Court(s)
  • View: Canal
  • Lot Features: Cul-De-Sac
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Canal Access, Lake Front, Navigable Water
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Patio And Porch Features: Balcony, Deck, Open, Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Pool, Tennis Court(s), Recreation Area
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434632230001151
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Cul-De-Sac

Multi Family

  • Number Of Units In Community: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Tatum Mark A and Tatum Tammy L
Bought by
Godwin Bruce D and Schmearer William
Current Estimated Value
$355,846

Purchase Details

Closed on
Oct 16, 2001
Sold by
Alexander Charles and Alexander Marilyn
Bought by
Tatum Mark A and Tatum Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
6.01%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Tarasiewicz Witold J
Bought by
Alexander Charles and Alexander Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.74%
Mortgage Type
New Conventional
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
Godwin Bruce D $305,000 None Listed On Document
Tatum Mark A $128,000 Sunbelt Title Agency
Alexander Charles $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tatum Mark A $221,000
Previous Owner Tatum Mark A $73,000
Previous Owner Ansfield Richard M $300,000
Previous Owner Tatum Mark A $150,933
Previous Owner Tatum Mark A $115,200
Previous Owner Alexander Charles $9,800
Previous Owner Alexander Charles $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Rented $3,650 0.0% --
06/12/2025 06/12/25 For Rent $3,650 0.0% --
05/15/2024 05/15/24 Rented $3,650 0.0% --
01/25/2024 01/25/24 For Rent $3,650 +4.3% --
05/01/2023 05/01/23 Rented $3,500 -9.1% --
02/23/2023 02/23/23 For Rent $3,850 -- --
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 $5,380 $285,000 -- --
2023 $5,558 $285,000 $0 $285,000
2022 $1,614 $117,718 $0 $0
2021 $1,598 $114,289 $0 $0
2020 $1,579 $112,711 $0 $0
2019 $1,548 $110,177 $0 $0
2018 $1,466 $108,123 $0 $0
2017 $1,449 $105,899 $0 $0
2016 $1,443 $103,721 $0 $0
2015 $1,477 $103,000 $0 $0
2014 $1,489 $102,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11099024

BeachesMLS

APN: 12-43-46-32-23-000-1151