30
Map
2521 Juniper Drive #A
About This Property
City of Delray Beach- Palm Beach County - State of Florida
Developer: The Melrose Development Company
Architects: McCall & Lynch of Boca Raton
684 total units - within 115 buildings.
56 2-story 8-plex buildings (448 units).
59 1-story 4-plex buildings (236 units).
Each unit has 1 assigned parking space
plus there is abundant guest parking.
Two recreation centers
No recreation lease or recreation fees.
2 clubhouses - 2 resort style heated pools - giant sun and shade decks .
Community rooms- billiards- table tennis- card games.
Tennis- Pickleball - Bocce Ball Courts plus a putting green.
On-site professional management thru Seacrest Services Inc.
Built in 13 Phases from 1974-1979
NOTE: Currently all Pines of Delray MLS listings that indicate
the year built as 1978 are incorrect; they are all pre-1978.
The only buildings constructed in 1978 are: 96-99, 108-109 and 29-30.
Situated on 72 acres within the city limits of Delray Beach
just off the northeast corner of Linton Blvd and Homewood Blvd.
2.5 miles west of the Atlantic Ocean.
5 "no waiting-in-line" entrances/ 27 city-maintained streets with light poles.
Only a 3.5 mile drive to the ever-popular "downtown" Delray Beach.
Construction: CBS (Concrete-Block-Stucco)
Roof Structure: Wood truss
Roof Cover: Composition Shingle
Interior walls: Drywall
Foundation: Concrete Slab
All units have central air conditioning: reverse cycle heat & air
Water & Sewer: City of Delray Beach
Electricity: Florida Power & Light
Cable and wi-fi: Xfinity
First Responders: City of Delray Beach Police Department
and City of Delray Beach Fire Department
Buyer requirements a the Pines of Delray include:
*At least one approved occupant must be 55+ years old.
*Approved co-occupants must be 18+. Approved co-occupants under the age of 55 can only
reside on the premises when at least one 55+ approved occupant is in residence at the same time.
*Any under 55 (non-minor) individuals can take title to the property, but they cannot reside on
the premises. But they could, for example, have 55+ parents occupy the unit on a non-rental basis.
*Guests of any age -even in your absence- can stay overnight for 30 days per year.
*A unit must be owned for 18-months for rental eligibility and after 18 months any
approved lease must be a minimum of 4 months and only one lease per 12 month period.
*There is also a 10% cap (136 units) on the total number of rented units at any one time.
*Credit score should be around 650. And buyer must pass a background check.
*Title to a unit cannot be a corporation(including LLCs), business trust, business partnership
and business co-ownerships. Title can be in a personal trust, family trust or life-estate deed.
*Private mortgages and seller-financing is not permitted. There is no maximum LTV on loans.
*Buyer can have any of the following as a pet: up to 2 indoor cats, 2 caged birds and tropical fish.
*Buyer may have any of the following vehicles: Automobile, SUV, Motorcycle, Fully windowed
non-business passenger van and a small personal non-commercial, open-bedded pickup truck.
*Approved vehicles must fit within the white lines of your parking space in length and width.
*No business can be run out of a unit whereby customers or clients come to the unit or grounds.
*Monthly condo fee of $469 includes city water & city sewer, Xfinity high definition fiber optic cable, HBO,
Xfinity in-unit WIFI, exterior painting, roof repair-maintenance-replacement, all grounds and
landscape maintenance, building insurance, fully funded reserves and usage of 2 recreation centers,
2 pools and activity courts and on-site professional management.
Unlike some other nearby condominium communities,
at the Pines of Delray there is:
NO new owner capital contribution fee.
(although its illegal to charge this on resale condo
purchases in Florida, some associations still demand it)
NO new owner recreation contribution fee.
NO new owner building fund fee.
NO new owner administrative set-up fee.
NO new owner move-in fee.
NO recreation lease fee or payments.
(no outside entity owns or controls any of
the recreational facilities/amenities)
NO ban on having up to 2 cats or birds or tropical fish.
NO individual bills for water, cable (HBO) or in-unit WIFI.
NO ID cards, fobs or passes to purchase.
NO seasonal time restrictions for your guest usage of amenities.
NO waived, unfunded or partially funded reserves.
NO "waiting-in-line" at any of the 5 entrances to community.
NO outside smoking within 50 feet of any building.
NO streets without city-maintained street lights.
NO shortage of guest parking spaces.
NO annoying wind chimes hanging from trees or buildings.
The above information is not guaranteed nor warranted as 100% accurate. It is subject to inadvertent
error, omission, miscalculation, misinterpretation. Some items are subject to
change by vote of the Board of Directors, by vote of the entire membership or by
a change in Florida statutes.
COPYRIGHT - 2023 BROWARD, PALM BEACHES & ST LUCIE REALTORS.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 20, 2023 | Listed by Coldwell Banker | $235,000 | |
| Listed by Coldwell Banker | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2026
|
2 Bed
|
1 Bath
|
982 ft²
|
$140,000
2 Bed
1 Bath
982 ft²
|
$130,000
-7.14%
06/24/2026
|
Rachel Benes
Better Homes & Gdns RE Fla 1st
| |
|
08/20/2023
|
2 Bed
|
2 Bath
|
1167 ft²
|
$235,000
2 Bed
2 Bath
1167 ft²
|
$230,000
-2.13%
10/06/2023
|
Jeff Rosenthal
Coldwell Banker
| |
|
11/08/2015
|
2 Bed
|
1 Bath
|
1058 ft²
|
$95,000
2 Bed
1 Bath
1058 ft²
|
$92,500
-2.63%
11/25/2015
|
Jeff Rosenthal
Coldwell Banker
|
Building Info
- 1 Unit for Sale
About Pines of Delray West
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Phone: 425-283-2930
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