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Delray Beach 33483 Pelican Harbor
293 Pelican Way
$745,000
● House - Off Market

293 Pelican Way

Delray Beach, FL 33483
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,053 Ft²
$877,227
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

UPDATED 3  BEDROOMS 2.5 BATH HOME IN THE BOTIQUE 24 HOUR GUARD GATED COMMUNITY OF PELICAN HARBOR.  HUGE MASTER WITH COMPLETELY UPDATED MASTER BATH.  DEN/OFFICE OFF THE MASTER BEDROOM WITH PRIVATE ENTRANCE.  VAULTED CEILINGS IN LIVING AND DINING ROOMS.  2 BEDROOMS AND AN UPDATED BATH UPSTAIRS.  NEW ROOF IN 2017, NEW HURRICANE IMPACT WINDOWS THROUGHOUT. SEPARATE BREAKFAST AREA OFF THE COMPLETELY UPDATED KITCHEN WITH STAINLESS APPLIANCES AND GRANITE COUNTER S AND MAPLE CABINETS.  PELICAN HARBOR OFFERS 2 RESORT STYLE HEATED POOLS, LIGHTED TENNIS AND PICKLE BALL COURTS, A GYM AND CLUBHOUSE OVERLOOKING THE WATER AND MARINA.  BOAT DOCKS ARE AVAILABLE FOR RENT OR PURCHASE THAT CAN ACCOMMODATE BOATS UP TO 55 FEET.  CLOSE TO THE BEACH, SHOPPING AND AIROIRTS. PET FRIENDLY COMMUNITY,.
Unit Size
2,053 Ft²
Days on Market
36 days
Land Size
0.11 acres
Price per sqft
$370
Property Type
House
Property Taxes
$527
HOA Dues
$420
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (Beaches MLS #R10719078)

Price History

Date / Event Date Event Price
Jul 7, 2021 Sold
Premium
Sold
May 21, 2021 Listed by Realty Home Advisors Inc $759,000
Listed by Realty Home Advisors Inc
Aug 14, 2015 Sold
Premium
Sold
Sep 12, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 391
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 4,765
  • Total Building Area: 2,705
  • Gross Building Area: 2,705
  • Building Area: 2,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,053
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PELICAN HARBOR PH 4
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: PELICAN HARBOR PH 4 IN PB48P179 LT 12

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 006402

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: 363
  • Subdivision Phase Number: 4
  • Parcel: 12-43-46-32-32-000-0120
  • Lot: 12
  • Meridian: SEC 32 TWN 46S RNG 43E
  • Municipality: DELRAY BEACH
  • Latitude: 26.4221
  • Longitude: -80.0697

    Address

  • Full Address: 293 Pelican Way
  • Address - House Number: 293
  • Address - Street Name: Pelican
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 8011
  • Zip Code: 33483

Valuation

    Tax

  • Total Area: 2,267
  • Tax Year: 2022
  • Tax Amount: $1,336,648
  • Tax Rate Code Area: 12984

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 1,037,122
  • High Value: 1,256,647
  • Low Value: 817,596

    Market Valuation

  • Market Total Value: $715,959
  • Market Land Value: $307,892
  • Market Improvement Value: $408,067

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $715,959

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210314506
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Contract Date: Jun 17, 2015
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pelican Harbor

Stats & Trends

Median Asking:

$1,700,000

Sale Price/ft²

$766

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2297 ft²

Average Home Age

40.3 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2525 Florida Boulevard, Delray Beach, FL, 33483

$2,500 /mo

  • 1 Bed
  • 1 Bath
  • 1,100 ft²
2525 Florida Boulevard #130, Delray Beach, FL, 33483 Listing by Miles Woodbury
Unit for rent at 1700 S Ocean Boulevard, Delray Beach, FL, 33483

$7,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
1700 S Ocean Boulevard #14, Delray Beach, FL, 33483 Listing by Jacqueline Badome
Unit for rent at 240 Captains Walk, Delray Beach, FL, 33483

$4,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,512 ft²
240 Captains Walk #5150, Delray Beach, FL, 33483 Listing by Jeannine M Principe Puleo

Rentals Near You

Click here to view more rentals in the neighborhood.
BEACHES

Listed by: Harvey D Starin
Realty Home Advisors Inc
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10719078
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 2026 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 293 Pelican Way built and last sold?
The property at 293 Pelican Way was built in 1989 and last sold on Jul 1, 2021 for $745,000.
How much is this home worth?
The estimated value of the home located at 293 Pelican Way is $0.
What are some comparable homes to 293 Pelican Way?
There are currently no comparable homes to 293 Pelican Way.
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