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5157 Magellan Way E, Delray Beach, FL, 33484

2beds
2baths
1,365sqft
$444,900
$326price/sqft
$3,633/moest. monthly cost
$145,320/yrincome needed

About This Home

Welcome Home to Casa Del Rey! This beautifully fully renovated 2Bed/2Bath Corner Villa features a large master bedroom has a large closet and fully renovated bathroom with luxurious walk-in shower. The 2nd bedroom has a walk-in closet with custom shelving. Start your mornings in the inviting fully renovated eat-in kitchen. The kitchen has all white cabinets & white custom backsplash, pull-out cabinet organizers, cabinet for washer/dryer. and newer appliances. There is a newer air conditioner as well. This home boasts pride of ownership. The home comes with hurricane shutters on all windows and doors. The back patio is a gardeners dream and retreat for relaxing and reading. The community is pet friendly with low HOA fees so makes the perfect fit for many homeowners. Don't miss! The community has amenities such as a large pool with lounge chairs & tables, tennis courts and basketball courts. The new owner must be a resident for a minimum of 18 months before the unit can be leased to a tenant. The villa has a generator hook-up on the side of the villa.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

8/10
3/10
Carver Middle SchoolGrades 6-81.3 mi
5/10
Atlantic High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Resale,Updated/Remodeled
  • Year built: 1989

Materials

  • Roof: Barrel,Tile
  • Construction materials: Block

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Water Purifier Owned,Range,Refrigerator,Water Heater,Water Purifier,Washer,Owned Water Heater
  • Laundry features: Laundry Closet,In Kitchen

Bedrooms & Bathrooms

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

Features

  • Closet Cabinetry,Dining Area,Separate/Formal Dining Room,Entrance Foyer,Eat-in Kitchen,Main Level Primary,Pantry,Split Bedrooms,Separate Shower,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Blinds,Skylight(s),Sliding,Shutters
  • Flooring: Laminate

Heating & Cooling

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

Interior Area

  • Total structure area: 1,657
  • Total interior livable area: 1,365 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 00424611220001040
  • Zoning: RS
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Covered,Patio,Screened
  • Exterior features: Courtyard,Garden,Lighting,Outdoor Living Area,Uncovered Courtyard
  • Fencing: Front Yard,Gate
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 3,450 sqft
  • Features: Corner Lot,Landscaped,Sprinklers Automatic,< 1/4 Acre

Parking

  • Total spaces: 4
  • Parking features: Attached,Driveway,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Heat Wave
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 $2,249$26,988
Home Insurance *$680$8,160
Property Taxes $507$6,084
Electricity $197$2,366
Total$3,633$43,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,560/yr
40% on housing$108,990/yr
45% on housing$96,880/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

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 33484$156
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33484$297
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)

Price History

DateEventPrice
2026-07-13Price change$444,900
2026-05-25Listed for sale$449,000
2001-12-21Sold$124,000
1996-08-02Sold$84,000

For Sale by Agent

AgentDebi L Kroll
BrokerageKroll Realty

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