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8039 N Tranquility Lake Drive, Delray Beach, FL, 33446

2beds
2baths
1,624sqft
$435,000
$268price/sqft
$3,104/moest. monthly cost
$124,160/yrincome needed

About This Home

Welcome to this stunning corner Villa in the desirable Waterways of Delray Beach— a gated, all-ages community offering exceptional value and amenities. Bathed in natural light, this 2 BR, 2BA home boasts a thoughtfully upgraded Kitchen with granite countertops, vaulted ceilings plus impact-rated windows & garage door for peace of mind. Your spacious Master Suite features a walk-in closet and beautifully renovated Ensuite Bath w/dual-sink vanity, walk-in shower & soaking tub. A sunlit enclosed patio, also with impact glass, opens directly from the Master and offers the perfect space for a Home Office, Bonus Room,or serene retreat, separated from the family room area by elegant glass doors. The split Bedroom layout provides welcome privacy with the 2nd Bedroom & Guest Bath located at the front of the home. Separate Laundry Room w/closet and included washer/dryer. Community Perks Include: *Low HOA Fees (includes cable/internet/landscaping/roof cleaning/tree trimming/exterior painting) * Clubhouse w/large heated pool/fitness center/tennis/pickleball/dog park *Pet Friendly *Scenic walking paths perfect for your morning stroll or relaxing at the end of the day. Situated east of the Turnpike, you’re just minutes to Delray Marketplace, abundant shopping, entertainment and restaurants. You’ll enjoy easy access to everything you need living in one of Delray Beach’s most convenient locations. Once you view this exceptional, move in ready home, you’ll know you’ve found the comfort, community and lifestyle you’ve been wanting to call your own! Pre-Qualified Buyers with Documentation Only

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

6/10
3/10
Carver Middle SchoolGrades 6-83.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1992

Materials

  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Villa

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Microwave,Refrigerator,Washer

Bedroom2

  • Area: 132
  • Dimensions: 11 X 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Family Room

  • Area: 187
  • Dimensions: 11 X 17

Features

  • Main Level Primary,Walk-In Closet(s)
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total interior livable area: 1,624 sqft

Kitchen

  • Area: 108
  • Dimensions: 12 X 9

Master Bedroom

  • Area: 252
  • Dimensions: 21 X 12

Property

Details

  • Parcel number: 00424620040000030
  • Lease amount: 0

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Patio
  • Exterior features: Outdoor Living Area
  • Has view: Yes
  • View description: Other

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
Inland Flooding
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,199$26,388
Home Insurance *$411$4,932
Property Taxes $297$3,564
Electricity $197$2,366
Total$3,104$37,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,422/yr
40% on housing$93,120/yr
45% on housing$82,773/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$268This listing

vs Other Active Listings

Avg $/sqft

ZIP 33446$231
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33446$326
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-08Price change$450,900
2025-09-18Price change$459,900
2025-08-13Price change$470,000
2025-07-15Listed for sale$475,000
2025-05-07Listing removed$479,000
2025-04-10Price change$479,000
2025-02-27Price change$481,978
2025-01-03Price change$489,000
2024-12-01Listed for sale$497,707

For Sale by Agent

AgentGregory M Sullivan
BrokerageByOwner.Com

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