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MLS ID: R11072698
List Price: $ 749 000
Sold Price: $ 730 000 (-3%)
Status: Closed
List date: 03/18/2025
Closing Dt: 01/15/2026
Days on Market: 303
Sell $ 483 per SqFt
Captains Walk 517
#MLS: R11072698
$ 749 000
Listing date03/18/2025
CityDelray Beach, FL 33483
Address240 Captains Walk, #517
Area1512 sqft
Tax/year$ 11 112
HOA$1377/Monthly
Built year1987
Bedrooms2
Bathrooms2 / 1
Pooltak
Waterfronttak

Step into turnkey waterfront luxury in Pelican Harbors Captains 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 chefs 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 youre looking for your next primary residence or youre 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 Delrays Atlantic Avenue and Boca Ratons Mizner Park, this property offers the best of South Floridas waterfront lifestyle.

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