$230,150 - $271,000
RENTED JUN 16, 2025

5540 Fairway Park Dr Unit 1020 Boynton Beach, FL 33437

Indian Spring Neighborhood
2 Beds
2 Baths
1,380 Sq Ft
1980 Built

Last Sold April 17, 2024

Last sale price $210,000 $152 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,393/month

Highlights

  • Gated with Attendant
  • Garden View
  • Screened Porch
  • Senior Community
  • Great Room
  • Community Pool

About This Home

As of June 2025

Drop dead gorgeous updated first floor condo in the sought after Fairway Park subdivision at Indian Spring. 55 Plus adult community. Spacious open concept living with two bedrooms and two full bathrooms. Enclosed patio overlooking lush green space. Washer and dryer inside condo. Storage closet for bikes, golf clubs, beach chairs...Community has two EV charging stations. Short walk to the community pool. 24/7 gated security. Cable included. No pets per association. Great location close to Publix, KC Kosher Market, restaurants, beaches, shopping, Downtown Delray and PBI Airport.

Last Agent to Rent the Property

Heath Ullman

Option One Realty Inc. License #3252639 Listed on: 03/07/2025

Co-Listed By

Karen Ullman

Option One Realty Inc. License #616043

Last Renter's Agent

Jeff Shmase

Coldwell Banker Realty /Delray Beach License #3603108

Coldwell Banker Realty /Delray Beach

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $878

Year Built

  • Built in 1980

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,380 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Screened Porch
  • Vinyl Flooring
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 4/14/25
  • Assessor Parcel Number 00424535150311020

Community Details

Overview

  • Senior Community
  • Indian Spring Fairway Pa Subdivision

Recreation

  • Community Pool

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$878

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2025-04-14

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Woolbright Rd then go South on El Clair Ranch Rd to Gate 5. After gate, make right into Fairway Park then make second right onto Fairway Park Drive, look for building 31.
  • Year Built: 1980
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1380.0
  • Dining Room Type: Great Room, Laundry

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Senior Community: Yes
  • Amenities: Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 00424535150311020
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Apr 17, 2024
Sold by
Chasis Joel M and Joel M Chasis Revocable Trust
Bought by
Ilg United Llc
Seller's Agent
Michael Glickman
RE/MAX Services
Buyer's Agent
Heath Ullman
Option One Realty Inc.
List Price
$260,000
Sold Price
$210,000
Premium/Discount to List
-$50,000
-19.23%
Views
74
Current Estimated Value
$247,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,788
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Dec 18, 2023
Sold by
Chasis Joel and Chasis Linda
Bought by
Joel M Chasis Trust and Chasis

Purchase Details

Closed on
Apr 21, 1994
Sold by
Shebairo Miriam
Bought by
Chasis Joel
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
Ilg United Llc $210,000 Corporate Title
Joel M Chasis Trust -- None Listed On Document
Chasis Joel $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chasis Joel $64,300
Previous Owner Chasis Joel M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Rented $2,449 0.0% --
04/04/2025 04/04/25 Price Changed $2,449 -2.0% $2 / Sq Ft
03/07/2025 03/07/25 For Rent $2,500 0.0% --
04/17/2024 04/17/24 Sold $210,000 -16.0% $164 / Sq Ft
02/27/2024 02/27/24 Price Changed $249,900 -3.9% $195 / Sq Ft
02/08/2024 02/08/24 For Sale $260,000 -- $203 / 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 $878 $78,526 -- --
2023 $840 $76,239 $0 $0
2022 $823 $74,018 $0 $0
2021 $815 $71,862 $0 $0
2020 $811 $70,870 $0 $0
2019 $811 $69,277 $0 $0
2018 $795 $67,985 $0 $0
2017 $783 $66,587 $0 $0
2016 $788 $65,217 $0 $0
2015 $804 $64,764 $0 $0
2014 $808 $64,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Landlord's Agent in 2025

    Heath Ullman

    Option One Realty Inc.

    (561) 573-8098

    64 in this area

    116 Total Sales

    Heath Ullman
    Section Image

  • K

    Landlord's Co-Listing Agent in 2025

    Karen Ullman

    Option One Realty Inc.

    62 in this area

    93 Total Sales

    Karen Ullman
    Section Image
  • Jeff Shmase

    Tenant's Agent in 2025

    Jeff Shmase

    Coldwell Banker Realty /Delray Beach

    (508) 527-0291

    1 in this area

    23 Total Sales

    Jeff Shmase
    Section Image
  • Michael Glickman

    Seller's Agent in 2024

    Michael Glickman

    RE/MAX

    1 in this area

    23 Total Sales

    Michael Glickman
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11069282

BeachesMLS

APN: 00-42-45-35-15-031-1020

Florida Palm Beach County Boynton Beach 33437 Indian Spring

5540 Fairway Park Dr Unit 1020, Boynton Beach, FL

This home is located at 5540 Fairway Park Dr Unit 1020, Boynton Beach, FL 33437 since 07 March 2025 and is currently priced at $247,788. This property was built in 1980. 5540 Fairway Park Dr Unit 1020 is a home located in Palm Beach County with nearby schools including Hagen Road Elementary School, Boynton Beach Community High School, and Carver Middle 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.

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