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Delray Lakes Estates, Delray Beach, FL home for sale at 15301 Pembridge Avenue 61

Delray Lakes Estates Delray Beach, FL Homes For Sale & Real Estate

Delray Lakes Estates, Delray Beach, FL, is a community in Palm Beach County. Delray Lakes Estates is the name locals use for Lakes Of Delray, the community in Delray Beach recorded under that name in local MLS listings.

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Live MLS · Updated Oct 8, 2026

Active Inventory
22
New Listings (30d)
4
Pending Sales
6
Median List Price
$212,400
Closed Sales (September)
8+60% YoY
Median Sale Price (September)
$192,500+45.3% YoY
Months of Inventory
3.9
Avg Days on Market
158

Residential MLS data for Delray Lakes Estates, updated nightly. View full market reports →

Are there lakefront homes in Delray Lakes Estates?
Yes. Many Delray Lakes Estates homes back onto community lakes, and lake-view lots are common in current listings. The water here is inland lake frontage rather than Intracoastal or ocean access, so do not expect navigable water or boat dockage.

Delray Lakes Estates, Delray Beach, FL, is a community in Palm Beach County. Delray Lakes Estates is the name locals use for Lakes Of Delray, the community in Delray Beach recorded under that name in local MLS listings. It is an age-restricted 55+, gated, waterfront, condominium community in Palm Beach County, Florida. Active listings run from $105,000 to $282,000, about $184 per square foot, averaging 151 days on market. The homes date to 1985 to 1992. 25 homes are currently for sale. Pure Equity lists homes in Delray Lakes Estates and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for sale in Delray Lakes Estates

Homes for sale in Delray Lakes Estates offer 2 bedrooms and 2 baths. Floor plans span roughly 900 to 1,400 square feet. The mix here includes condo homes. Current prices run from $170,000 to $275,000. The homes on the market were built between 1982 and 1994.

Delray Lakes Estates HOA fees

Median HOA fee
$725/mo
Typical range
$674 to $775
Lowest to highest
$631 to $804
Listings with a fee
22 of 22

Across the 22 homes for sale in Delray Lakes Estates that list an HOA fee, the median is $725 a month. Half of them fall between $674 and $775. Fees quoted quarterly or yearly are converted to a monthly figure so they compare directly.

The fee most often covers cable TV, common areas, grounds maintenance, security, trash pickup and building insurance. Coverage differs from one building or section to the next, so read what a specific listing includes before comparing it with another.

Listings here most often mention fitness center, pool, clubhouse, tennis courts, pickleball and billiard room.

6 of the 22 listings that state a pet policy allow pets, often with limits.

From current MLS listings in Delray Lakes Estates; the figures change as homes come and go. Confirm the fee, any special assessments and the association's rules with the HOA before you buy.

Recently sold homes in Delray Lakes Estates

These are the last 6 recorded closings in Delray Lakes Estates, with the price each home actually sold for rather than what it was listed at. They closed at a median of $155 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Delray Lakes Estates or find out what your Delray Lakes Estates home is worth.

Delray Lakes Estates market and home values

The Delray Lakes Estates real estate market reads best through the community's own recent activity, not a county-wide average. Because inventory turns over as homes list and close, the most reliable read on Delray Lakes Estates is the set of most recent comparable sales inside the community rather than a single posted figure. For pricing an offer or a listing, comparable sales within Delray Lakes Estates carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Delray Lakes Estates so you work from real numbers, not an estimate.

Is Delray Lakes Estates right for you?

It helps to know who Delray Lakes Estates tends to suit before you tour. Delray Lakes Estates suits a range of buyers, from first-time owners to move-up families, who want a home in Delray Beach with the everyday conveniences of the area close by. A lake view is a common ask here, since many Delray Lakes Estates lots back onto water without the flood exposure of a coastal address. Whether Delray Lakes Estates is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.

Living in Delray Lakes Estates

Many homesites in Delray Lakes Estates back onto community lakes, so lake views and water frontage are common here even though the community sits inland.

Delray Lakes Estates location

Delray Lakes Estates is located in Delray Beach, part of Palm Beach County, Florida. Residents are close to the shopping, dining, schools, and parks of the Delray Beach area, with the wider job centers, beaches, and airports of the region within driving distance.

Buying a home in Delray Lakes Estates

The buying process in Delray Lakes Estates is the one used across Palm Beach County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Palm Beach County is about $3,600. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Delray Beach means you see new listings in Delray Lakes Estates the day they reach the market.

Selling a home in Delray Lakes Estates

Selling a home in Delray Lakes Estates starts with pricing it correctly for current conditions. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Delray Lakes Estates owners in Delray Beach, so you can see what your property could sell for before you commit to listing.

What is your Delray Lakes Estates home worth?

Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in Delray Lakes Estates.

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Listing agents and seller representation in Delray Lakes Estates

Thinking about selling in Delray Lakes Estates? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.

Conditions in Delray Lakes Estates currently favor sellers, which is exactly when overpricing does the most damage. A strong market still punishes a listing that starts too high, because the early weeks draw the most qualified buyers and a home that goes stale invites lower offers later.

Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.

Pure Equity is a licensed Florida brokerage serving Delray Lakes Estates. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.

More on this: listing agents in Delray Beach · what is an exclusive right of sale listing? · selling a house held in a trust

Realtors and real estate agents serving Delray Lakes Estates

People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.

What separates real estate professionals in Delray Lakes Estates is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.

More on this: selling a home in Delray Beach · what affects home value in South Florida? · home value after a renovation: what actually adds · when and how to price your home

Buyer's agents in Delray Lakes Estates

A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.

Where sellers hold leverage, as they do in Delray Lakes Estates, buyers often get one chance to put a well-structured offer forward, so preparation counts more than patience. If you are buying and selling at the same time, which is common for people moving within Palm Beach County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.

What representation costs

Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.

Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.

More on this: how commission is actually structured · listing photographs, and why they decide the outcome · what Florida sellers have to disclose

Search Delray Lakes Estates with someone local

We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.

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Frequently asked questions

How do I find a listing agent in Delray Lakes Estates?

Ask any listing agent you interview two questions. Which homes have they closed near Delray Lakes Estates, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. Optimistic pricing costs sellers more than almost any other decision. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Palm Beach County. You can reach the broker directly at (561) 835-5400.

What does a seller's agent actually do?

A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.

How much does a real estate agent cost in Delray Lakes Estates?

Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.

What is the difference between a realtor, a real estate agent, and a broker?

A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in Delray Lakes Estates, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?

Do I need an agent to buy a home in Delray Lakes Estates?

You are not legally required to use one, but most buyers in Delray Lakes Estates do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. In a competitive market that guidance matters more, because you often get one chance to put your best offer forward.

Can one agent help me sell my current home and buy the next one?

Yes. For people moving within Palm Beach County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.

Look up Delray Lakes Estates property records

Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.

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