When was property at 7440 West Mercada Way built and last sold?

The property at 7440 West Mercada Way was built in 2002 and last sold on Jun 7, 2023 for $600,000.

How much is this home worth?

The estimated value of the home located at 7440 West Mercada Way is $527,482.

What are some comparable homes to 7440 West Mercada Way?

There are currently no comparable homes to 7440 West Mercada Way.

Palm Beach

Valencia Falls

7440 W Mercada Way

Map

$530,000

● House - In Contract

7440 W Mercada Way

Delray Beach, FL 33446

3 Beds

2 Baths

1,606 Ft²

$3,936

Est. Monthly

$817

HOA / Fees

About This Property

HUGE PRICE REDUCTION!!! GORGEOUSLY & METICULOUSLY RENOVATED OPEN CONCEPT IMPERIAL MODEL ON THE WATER! ACCORDION SHUTTERS, ROOF-2022, GUTTERS- 2022, LUXURY VINYL WOOD LOOKING FLOORING THROUGHOUT LIVING AREAS-2022, STAINLESS STEEL APPLIANCES-2022, KITCHEN RENOVATION- 2022, UPDATED BASEBOARDS, UPDATED WINDOW TREATMENTS- SOLAR SHADES-2022. PLANTATION SHUTTERS IN ALL BEDROOMS. 3RD BEDROOM USED AS A DEN/OFFICE HAS UPDATED FRENCH DOORS-2022. A/C INSTALLED 2022. ENJOY SCREENED-IN LANAI WITH GORGEOUS LAKE VIEWS. KITCHEN HAS SPECTACULAR VIEWS. EXPANDED OUTSIDE PATIO & ADDED SITTING AREA. PROFESSIONALLY LANDSCAPED. ALL MEASUREMENTS ARE DEEMED ACCURATE & SHOULD BE INDEPENDENTLY VERIFIED. VALENCIA FALLS IS A 55+ COMMUNITY WITH A RECENTLY $6M+ RENOVATED CLUBHOUSE. ABSOLUTELY GORGEOUS!

Unit Size

1,606 Ft²

Days on Market

Land Size

0.11 acres

Price per sqft

$330

Property Type

House

Property Taxes

$516

HOA Dues

$817

Year Built

2002

Listed By

Maura Slaughter

Keller Williams Realty

Mark A Slaughter

[email protected]

RE/MAX Select Group

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #R11163043)

Price History

Date / Event	Date	Event
Aug 4, 2026	In contract	-
In contract
Jul 12, 2026	Price Decreased	$530,000 ↓ $55K (9.4%)
Price Decreased
Jun 7, 2026	Price Decreased	$585,000 ↓ $4K (0.7%)
Price Decreased
Apr 19, 2026	Price Decreased	$589,000 ↓ $10K (1.7%)
Price Decreased
Feb 11, 2026	Listed by RE/MAX Select Group	$599,000
Listed by RE/MAX Select Group
Jun 21, 2023	Sold	Premium
Sold
Apr 26, 2023	Listed by RE/MAX Select Group	$625,000
Listed by RE/MAX Select Group
Jun 9, 2022	Sold	Premium
Sold
Apr 28, 2022	Listed by RE/MAX Select Group	$550,000
Listed by RE/MAX Select Group
Jun 14, 2018	Sold	Premium
Sold
Oct 22, 2013	Sold	Premium
Sold
Jun 13, 2013	Listed by RE/MAX Select Group	$249,900
Listed by RE/MAX Select Group

Property Highlights

Garage

Air Conditioning

Parking Details

Has Garage

Attached Garage

Has Open Parking

Parking Features: Attached, Driveway, Garage, Garage Door Opener

Garage Spaces: 2

Interior Details

Full Bathrooms: 2

Interior Features: Built-in Features, Cathedral Ceiling(s), Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), BreakfastArea, Bathtub, DualSinks, GardenTubRomanTub, LivingDiningRoom, MainLevelPrimary, SplitBedrooms, SeparateShower

Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Washer

Flooring Type: Vinyl

Laundry Features: Inside

Exterior Details

Square Footage: 1606

Security Features: Security System Owned, Gated with Guard, Gated Community, Smoke Detector(s), Security Guard, MotionDetectors

Property Condition: Resale

Year Built: 2002

Waterfront Features: Lake Front

Builder Name: GL Homes

Builder Model: IMPERIAL

Building Area Total: 2206

Levels: One

Window Features: Blinds

Construction Materials: Block

Patio and Porch Features: Patio, Screened

Pool Features: Association

Lot Features: Zero Lot Line, SprinklerSystem, LessThanQuarterAcre

Lot Size Area: 4791.6

Lot Size Units: Square Feet

Lot Size Acres: 0.11

Lot Size Square Feet: 4791.6

Water Source: Public

Financial Details

Tax Annual Amount: $6,190

Utilities Details

Cooling Type: Central Air

Heating Type: Electric

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Security, Internet, CommonAreas, RecreationFacilities

HOA/Condo/Coop Amenities: Basketball Court, Billiard Room, Clubhouse, Fitness Center, Management, Playground, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s), BocceCourt, Pickleball, Restaurant

HOA Fee: $817

HOA Fee Frequency: Monthly

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2007
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
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: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 420
Parking Space Count: 2
Patio Type: 14
Porch Type: 7
Pool Type: 0
Location Influence Type: 224

Dimensions

Lot Size Square Feet: 4,996

Total Building Area: 2,206
Gross Building Area: 2,206
Building Area: 1,606
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,606
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VALENCIA FALLS PL 4
Land Acres: 0000000115
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: VALENCIA FALLS PL 4 LT 400

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 005955

Zoning

Zoning: PUD

Geography

Assessors Map Reference: 324F

Parcel: 00-42-46-09-20-000-4000
Lot: 400
Meridian: SEC 09 TWN 46S RNG 42E
Municipality: UNINCORPORATED
Latitude: 26.4808
Longitude: -80.1626

Address

Full Address: 7440 W Mercada Way

Address - House Number: 7440
Street Direction: W
Address - Street Name: Mercada
Address - Suffix Type: Way
State: FL
City Name: Delray Beach
Carrier Code: R022
4-Digit Zip Code: 3795
Zip Code: 33446

Valuation

Tax

Total Area: 1,846

Tax Year: 2023
Tax Amount: $775,822
Tax Rate Code Area: 355

Appraisal Valuation

Standard Deviation: 0.1929

Valuation Date: Apr 03, 2024
Confidence Score: 74
Final Value: 610,146
High Value: 727,864
Low Value: 492,427

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $486,204

Market Land Value: $194,578
Market Improvement Value: $291,626

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $486,204

Sales

Current Sale Contract Date: Jun 07, 2023

Current Sale Recording Date: Jun 21, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 212486
Previous Sale Recording Date: Jun 09, 2022
Previous Sale Contract Date: May 31, 2022
Previous Sale Amount: $565,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Valencia Falls

Stats & Trends

Median Asking:

$642,500

Sale Price/ft²

$299

Below Asking

0.02%

Average Days on Market

Average Home Size

2193 ft²

Average Home Age

24.1 years

Currently For Sale

7 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

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Unit for rent at 14446 Emerald Place Way, Delray Beach, FL, 33484

$3,275 /mo

3 Beds
2 Baths
1,614 ft²

14446 Emerald Place Way #14446, Delray Beach, FL, 33484 Listing by Richard D Speno

Unit for rent at 14404 Emerald Place Way, Delray Beach, FL, 33484

$3,100 /mo

3 Beds
2 Baths
1,614 ft²

14404 Emerald Place Way #14404, Delray Beach, FL, 33484 Listing by Richard D Speno

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Listed by: Maura Slaughter
RE/MAX Select Group
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11163043

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.