Captains Walk,Pelican Harbor

240 Captains Walk # 517, Delray Beach FL 33483

2 beds · 2.5 baths · 1,512 ft²

Closed

$749,000

10.73%

Est. Payment $3,986/mo

MLS Sheet Video

2

Bedrooms

2.5

Bathrooms

1,512

Sq. Ft.

1987

Year Built

3

Stories

236

Days on Market

Description

Step into turnkey waterfront luxury in Pelican Harbor's Captain's Walk with this fully remodeled 2-bedroom, 2.5-bathroom condo. Designed with high-end finishes and a modern coastal theme, this stylish unit features hurricane-impact windows and doors throughout, offering peace of mind and energy efficiency. A custom stainless stair railing, craftsman trim work, and a striking herringbone accent wall add a touch of elegance. The open-concept living and dining area flows seamlessly into an enclosed, screened lanai with breathtaking views of the docks and the C-15 Canal extending to the Intracoastal Waterway. The chef's kitchen is equally impressive, boasting custom cabinetry, quartz countertops, and upgraded appliances. Upstairs, the main bedroom offers stunning panoramic views from your private balcony, while custom closets designed by Closet Factory provide ample storage. The ensuite bath features a heated bidet toilet for added comfort, and both bathrooms have been beautifully redesigned with walk-in tiled rain showers, creating a spa-like retreat. Additional upgrades include new luxury vinyl flooring throughout, dimmable lighting and ceiling fans, and extra recessed lighting in the dining area. A new electric panel and a rewired Hotwire main box complete this move-in-ready home. Whether you're looking for your next primary residence or you're a seasonal visitor seeking an investment that offers flexibility, this is a rare opportunity to own a waterfront gem that is completely move-in ready, featuring top-of-the-line finishes in an unbeatable location with endless possibilities. PRICED BELOW APPRAISED VALUE, this property offers instant equity and a smart investment from day one. RENTING IS ALLOWED IMMEDIATELY with a minimum lease term of 60 days, up to twice per year, offering incredible flexibility and the potential for a strong return on investment. Located in the sought-after 24-hour gated community of Pelican Harbor, residents enjoy resort-style amenities including a clubhouse, two heated pools, a gym, lighted tennis and pickleball courts, and a marina. Ideally positioned between Downtown Delray's Atlantic Avenue and Boca Raton's Mizner Park, this property offers the best of South Florida's waterfront lifestyle.

Facts

MLS#
R11072698
Subdivision
Captains Walk,Pelican Harbor
Property Type
Residential
Property Sub Type
Condominium
Year Built
1987
Lot Size
0 sqft
Sq. Ft.
1,512 ft²
Sq. Mt.
140 m²
Price per sq. ft.
$495/ft²
Price per sq. mt.
$5,350/m²
Stories
3
Garage
Pool
Private
Days on Market
236 days
Listed
Mar 18, 2025
Last Updated
Sep 9, 2026
Price/Lot Sq.Ft.

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

September 2026

100/100
Buyers marketSellers market

25

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).

9/9/2026Sold$749,000
9/4/2025Price change$749,000-10.7%
3/18/2025Listed for sale$839,000

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

Location

240 Captains Walk # 517, Delray Beach FL 33483Directions

Estimated Monthly Payment

$4,761/mo

Principal & Interest

$3,986

Property Tax

$624

Insurance

$150

HOA

$0

20% ($149,800)
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

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