TROPIC PALMS 2,Tropic Palms

1508 Cormorant Road, Delray Beach FL 33444

3 beds · 2 baths · 2,083 ft²

Closed

$1,200,000

Est. Payment $6,387/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

2,083

Sq. Ft.

1978

Year Built

2

Garage

1

Stories

9

Days on Market

Description

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.

Facts

MLS#
B26003657
Subdivision
TROPIC PALMS 2,Tropic Palms
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1978
Lot Size
9,583 ft²
Sq. Ft.
2,083 ft²
Sq. Mt.
194 m²
Price per sq. ft.
$576/ft²
Price per sq. mt.
$6,186/m²
Stories
1
Garage
2 spaces
Pool
Private
Days on Market
9 days
Listed
Mar 18, 2026
Last Updated
Aug 17, 2026
Price/Lot Sq.Ft.
$125/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Delray Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

34

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/17/2026Sold$1,200,000
3/18/2026Listed for sale$1,200,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1508 Cormorant Road, Delray Beach FL 33444Directions

Estimated Monthly Payment

$7,537/mo

Principal & Interest

$6,387

Property Tax

$1,000

Insurance

$150

HOA

$0

20% ($240,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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