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Under Contract
7 Days on Market
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How this price compares

Asking price
$490,000
Price per sq ft
$268
Vs. nearby sales
20.7% above
Days on market
7

This 3-bedroom single-family home in Monterey Lake went under contract with an asking price of $490,000, or $268 per square foot. It spent 7 days on the market before going under contract. The 3 most recent single-family home sales in the closings shown below sold at a median of $222 per square foot, so the asking price was 20.7% above what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,829
Living Sq Ft
1993
Year Built

Estimated monthly payment

$2,575 /mo

Principal and interest only, based on $98,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $826/mo HOA are not included.

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Listing Snapshot

Price
$490,000
Days on Site
7 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,829 sqft
Total Sq Ft
2,239 sqft
Year Built
1993
Property Type
Single Family
MLS #
B26091785
Property Tax
$7,170 (2025)
HOA Fees
$826 / Monthly
Subdivision
MONTEREY LAKE
Development
Monterey Lake
County
Palm Beach
Status
Under Contract
Special Conditions
Standard / Listed As Is

About This Property

Beautifully renovated 3-bedroom, 2-bath lakefront villa offering over 1,800sqft of living space in the desirable gated Monterey Lakes community! Enjoy stunning, long lake views from the spacious living and dining areas and your private screened patio. This move-in-ready home features soaring volume ceilings, updated kitchen and bathrooms, new vinyl flooring, LED lighting, an open and inviting layout, a 1-car garage, panel hurricane shutters, Updated A/C (2023), Washer & Dryer (2023), Water (2025). Community roofs are scheduled for replacement, with the seller paying the assessment IN FULL! Zoned for top rated Omni Middle and Spanish River High School. The HOA covers amenities, common areas, roof maintenance, exterior painting, building insurance, lawn care, pest control, security, cable, and internet. Residents also enjoy a renovated clubhouse, resort-style pool, tennis, pickleball and basketball court(s). Ideally situated near the Boca Raton/Delray Beach border, with convenient access to shopping, dining, major roadways, and beautiful South Florida beaches.

MLS media link

General Features

Property Type
Single Family
Status
Under Contract
Year Built
1993
Property Condition
Resale
Number of Stories
1
Levels
Multi Split / One
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Driveway / Garage / Guest
Direction Faces
East
Living Sq Ft
1,829
Total Sq Ft
2,239
Sewer
Public Sewer
Water Source
Public
Zoning
RS

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Tile / Vinyl / Wood
Interior Features
Breakfast Area / Dual Sinks / High Ceilings / Living Dining Room / Split Bedrooms
Laundry
Inside / Laundry Room
Windows
Sliding
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
4
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Stucco
Roof
Barrel / Tile
Exterior Features
Outdoor Living Area
Architectural Style
Ranch
Pool Features
Association
Patio & Porch
Covered / Patio / Screened
Lot Features
Sprinklers Automatic
Waterfront
Yes
Waterfront Features
Lake Front
View
Lake / Water

Community & HOA

HOA Fee
$826 / Monthly
HOA Name
Monterey Lakes
HOA Includes
Common Areas / Maintenance Grounds
Association Amenities
Basketball Court / Clubhouse / Fitness Center / Pool / Shuffleboard Court / Sidewalks / Tennis Courts
Community Features
Home Owners Association / Gated / Street Lights
Security
Gated Community
Utilities
Sewer Available / Water Available
Pets Allowed
Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
Buyer Approval Required / No Lease2nd Year Owned / Ok To Lease / Rental Restriction
MLS Area
4640

Schools

Elementary School
Orchard View
Middle School
Omni
High School
Spanish River

Monterey Lake is a large-lot community in Delray Beach, Palm Beach County, Florida. Parcels and homes are priced from $445,000 to $447,500. Properties feature oversized lots with room for pools and outbuildings. Our agents specialize in acreage transactions throughout Palm Beach County.

Homes for Sale
0
How do I schedule a tour of 5375 Monterey Circle D, Delray Beach, FL 33484?
Use the Tour button on this listing to request a showing of 5375 Monterey Circle D, Delray Beach, FL 33484. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 5375 Monterey Circle D, Delray Beach, FL 33484 still available?
5375 Monterey Circle D, Delray Beach, FL 33484 is currently listed as Under Contract, and has been on the market 7 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 5375 Monterey Circle D, Delray Beach, FL 33484?
With 20% down ($98,000) on the $490,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5375 Monterey Circle D, Delray Beach, FL 33484 is about $2,575/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 5375 Monterey Circle D, Delray Beach, FL 33484?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5375 Monterey Circle D, Delray Beach, FL 33484. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 5375 Monterey Circle D, Delray Beach, FL 33484 have an HOA fee?
Yes: 5375 Monterey Circle D, Delray Beach, FL 33484 carries an HOA fee of about $826 monthly (Monterey Lakes). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 5375 Monterey Circle D, Delray Beach, FL 33484?
5375 Monterey Circle D, Delray Beach, FL 33484 is zoned for Orchard View (elementary), Omni (middle), Spanish River (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 5375 Monterey Circle D, Delray Beach, FL 33484?
Often, yes. The right offer on 5375 Monterey Circle D, Delray Beach, FL 33484 depends on how it's priced against comparable single family sales in Delray Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Bergman Realty Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 15, 2026.

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Listed by Alexander Bergman, Bergman Realty Group

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