Atlantic Luxury AdvisorsKeller Williams Realty Services

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1001 NE 8th Ave #212

Delray Beach, FL 33483

$274,900
1
1
615 sq ft
1968
Condominium
$410/mo
Yes
Yes
107
Active

Listing courtesy of United Realty Group Inc.. Contact: [email protected].

About this home

Affordable Coastal Living in Delray Beach-Located in the highly desirable Palm Trail neighborhood, just two blocks from the Intracoastal Waterway and a short stroll to the beach, this beautifully updated 1-bedroom, 1-bath residence offers the ultimate in affordable coastal living. Enjoy a carefree lifestyle with a heated community pool, clubhouse, grilling area, lush courtyard views, on-site laundry, and assigned off-street parking. with total monthly carrying costs of under $1,000 per month, making this one of the best values east of Federal Highway. The community boasts strong reserves, remarkably low HOA fees, and no pending assessments. Enjoy the Delray Beach lifestyle for less than you thought possible! Just minutes to Atlantic Avenue, the Beach, Restaurants, Nightlife, Art galleries Pickleball and Golf. Walkability Lock-and-leave lifestyle Well-funded Co-op with strong reserves and VERY low maintenance fees Broker Disclaimer: The information herein is believed to be accurate but is not guaranteed & may be subject to errors or omissions & may be changed without notice. All measurements are approximate and must be confirmed by buyer. All such information should be independently verified. All parties should perform their own due diligence to verify all information. Cash only. (seller financing may be available for qualified buyers)

Virtual tour
What it costs to own
Estimated monthly payment
$2,316/mo
Principal and interest
$1,390
Property tax
$341
Homeowners insurance
$175
HOA
$410

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$4,092/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$410/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Courtyards At Martel Arms, A Condo was built in 1980, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.