1508 Cormorant Rd Delray Beach, FL 33444
Tropic Palms NeighborhoodEstimated payment $7,166/month
Highlights
- Lake Front
- In Ground Pool
- Canal Access
- Boca Raton High School Rated A
- Lake Privileges
- Deck
About This Home
Welcome to an exceptional waterfront property in Delray Beach's desirable Tropic Palms community-offering no HOA restrictions and incredible flexibility for full-time residents, seasonal owners, vacation use, or income-producing rental potential. Perfectly positioned on the wide and scenic C-15 Canal, this home delivers expansive water views, peaceful surroundings, and direct access for kayaking, boating, and fishing-creating a true South Florida lifestyle experience without the congestion of ocean-access canals. This beautifully updated 3-bedroom, 2-bath residence with interior laundry room features a bright, open-concept layout with soaring ceilings and expansive windows that flood the home with natural light while showcasing tranquil waterfront views. High-end finishes include porcelain tile flooring throughout, quartzite countertops, and upgraded kitchen and baths designed with both style and durability in mind. One of the home's most standout features is the rooftop balcony, offering a rare elevated setting to enjoy panoramic water views, coastal breezes, and spectacular sunrise and sunset skies-an ideal space for relaxing or entertaining. Step outside to an expansive backyard retreat, thoughtfully designed for entertaining and leisure, featuring a private dock, brand-new seawall, pool, pergola, BBQ area, and fenced yard-perfect for hosting guests or creating your own private oasis. The property also boasts an extra-wide driveway with room for multiple vehicles, a boat, or RV, along with an oversized garage-an uncommon and highly desirable feature for waterfront homes. Additional upgrades include: Brand-new flat roof (2026, permitted) New seawall (2024, permitted) White vinyl fence (2024, permitted) Trane HVAC (2020) Impact windows and doors Generator hookup Washer & dryer (2024), Air-conditioned laundry room (2024). Ideally located within a rapidly improving corridor between Linton Blvd and Atlantic Ave, this home benefits from ongoing city and FDOT enhancements including wider sidewalks, improved pedestrian and bike access, and enhanced connectivity. Once complete, homeowners can walk or bike directly to Linton Boulevard, with easy access to Whole Foods, Target, Home Depot, HomeGoods, and local favorites like First Watch, BurgerFi, and Chipotle. Whether you're seeking a primary residence, second home, vacation getaway, or a high-demand seasonal or Airbnb rental, this property offers exceptional versatility and long-term value. Properties with this combination of no HOA, wide water views, rooftop living space, and strong rental potential in this price point are very rare in Delray Beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,436
Year Built
- Built in 1978
Lot Details
- 9,600 Sq Ft Lot
- Lake Front
- Home fronts navigable water
- Home fronts a canal
- North Facing Home
- Fenced
- Landscaped
- Sprinkler System
- Property is zoned R-1-AA (city)
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
- Driveway
Property Views
- Lake
- Canal
- Garden
- Pool
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 2,083 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Drapes & Rods
- Blinds
- French Doors
- Formal Dining Room
- Storage
- Ceramic Tile Flooring
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Stacked Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Windows
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Fixed Bridges
- Canal Access
- Lake Privileges
- Balcony
- Deck
- Open Patio
- Outdoor Living Area
- Terrace
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Tropic Palms 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 12434629140000060
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $7,969 | $473,088 | -- | -- |
| 2024 | $7,969 | $459,755 | -- | -- |
| 2023 | $8,001 | $446,364 | $0 | $0 |
| 2022 | $7,901 | $434,715 | $0 | $0 |
| 2021 | $7,918 | $422,053 | $165,000 | $257,053 |
| 2020 | $4,291 | $240,651 | $0 | $0 |
| 2019 | $4,229 | $235,240 | $0 | $0 |
| 2018 | $4,045 | $230,854 | $0 | $0 |
| 2017 | $4,023 | $226,106 | $0 | $0 |
| 2016 | $4,035 | $221,455 | $0 | $0 |
| 2015 | $4,138 | $219,916 | $0 | $0 |
| 2014 | $4,163 | $218,171 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2026 03/18/26 | For Sale | $1,200,000 | +135.3% | $576 / Sq Ft | |
| 02/12/2020 02/12/20 | Sold | $510,000 | -7.3% | $280 / Sq Ft | View Prior Sale |
| 01/13/2020 01/13/20 | Pending | -- | -- | -- | |
| 11/30/2019 11/30/19 | For Sale | $550,000 | -- | $302 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $510,000 | Attorney | |
| Warranty Deed | $260,000 | Shore To Shore Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,000 | New Conventional | |
| Previous Owner | $249,470 | FHA |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: B26003657
APN: 12-43-46-29-14-000-0060
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Ask me questions while you tour the home.