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$730,000
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Property 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.
Full Property Details
Full Property Details for 240 Captains Walk #517
General
- Sold For: $730,000
- HOA FEE: $1,377/month
- Taxes: $11,112 (2024)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: R11072698
Property History
- 240 Captains Walk #517, Delray Beach, FL
- Sold $730,000 on 1/15/26
- Price Reduced $749,000 on 9/3/25
- Price Reduced $775,000 on 7/22/25
- Price Reduced $795,000 on 5/8/25
- Price Reduced $815,000 on 4/17/25
- Listed $839,000 on 3/18/25
Interior
- Number of Rooms: 7
- Interior Features: Breakfast Bar, Built-in Features, Dual Sinks, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Separate Shower, Upper Level Primary
- Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Shared Amenities: Boating, Clubhouse, Fitness Center, Picnic Area, Pickleball, Pool, Sidewalks, Tennis Court(s)
- Pool: Yes
- Pool Description: Association
- Security/Safety: Gated with Guard, Gated Community, Smoke Detector(s)
Exterior
- Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area
- Porch/Patio/Deck: Open, Screened, Balcony
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport, Assigned
Location
- County: Palm Beach
- Subdivision: Captains Walk
- Building Name: 240
- Driving Directions: US-1, head east on Tropic Isle Drive, turn right into the community, left on Pelican Way, and right on Captains Walk.
- Direction Faces: North
Community
- Community Name: 4230
- Association: Yes
- Assoc. Fees Include: Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water
- Units Assoc/Comm: 57
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Construction: Block
- Roof: Barrel
- Entry Location: Entry Level Living Area Y
- Stories/Levels: 3
- Building Size: 1512
- Square Feet: 1,512
- Living Area: 1,512 Sq. Ft.
- Year Built: 1987
- Property Condition: Resale
Lot Features
- Street Lights: Yes
- Lot Features: Sprinklers Automatic
- Zoning: PRD-PRD Planned
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, No Fixed Bridges, Ocean Access
- Water Front View: Canal Front, No Fixed Bridges, Ocean Access
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $1,377
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,112
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: CAPTAINS WALK COND UNIT 5-517
- Property ID: 12434633330055170
Listed by Century 21 Stein Posner
Sold by The Corcoran Group
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Schools
Schools serving 240 Captains Walk #517
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Pine Grove Elementary School, Delray Beach, FL 400 Southwest 10th Street, Delray Beach, FL 33444 | K-5 | 1.8 mi |
Boca Raton Community Middle School 1251 Northwest 8th Street, Boca Raton, FL 33486 | 6-8 | 5 mi |
Boca Raton Community High School 1501 Northwest 15th Court, Boca Raton, FL 33486 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
240 Captains Walk #517, Delray Beach, FL 33483 (MLS# R11072698) is a Condo property that was sold at $730,000 on January 15, 2026. Want to learn more about 240 Captains Walk #517? Do you have questions about finding other Condo real estate for sale in Delray Beach? You can browse all Delray Beach real estate or contact a Coldwell Banker agent to request more information.

