1 / 20



+15 photos1st floor corner — 1030 Silk Oak Terrace 101 · Pines Of Delray · Delray Beach





















South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 1030 Silk Oak Terrace 101, Delray Beach, FL 33445
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance.
Open property magazine$135,000
1030 Silk Oak Terrace 101, Delray Beach, FL 33445
Delray Beach, FL, 33445
Listed by Coldwell Banker
1030 Silk Oak Terrace 101, Delray Beach, FL 33445
Listed by Coldwell Banker
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan
Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $700/mo
- Property tax (after sale) est.
- $137/mo
- Insurance included in HOA
- $0/mo
- HOA
- $623/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
1030 Silk Oak Terrace 101, Delray Beach, FL 33445
Estimated cash to close est.
$32,342.00
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $108,000.00
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$32,342.00
- Down payment est.
- $27,000.00
- Mortgage note documentary stamps est.
- $378.00
- Mortgage intangible tax est.
- $216.00
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $273.00
- Insurance escrow (2 months) est.
- $0.00
- First-year insurance premium est.
- $0.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Not available —
- Homeowners insurance est.
- $0 / month
Source: FEMA National Flood Hazard Layer · Date checked: Oct 24, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: Not available —
Source: FEMA National Flood Hazard Layer · Date checked: Oct 24, 2026
- Roof type
- Composition
- Roof year
- Not provided —
- Impact windows / doors
- Not provided —
- Shutters
- Accordion Shutters (Partial)
- Window features
- Drapes
- Year built
- 1975
Homeowners insurance: $0 / month est.
Association insurance is included in the stated HOA fee. Confirm separate unit-owner coverage with an insurance agent.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesPINES OF DELRAY. Great price for a FIRST FLOOR CORNER - not backing to Linton Blvd, not a foreclosure, not a handyman special! 2 bedroom - 2 full bath condo spanning 1167 sqft under air; QUIET park-like setting in the backyard and the sought after east exposure; 17 foot long eat-in kitchen including a stack washer-dryer; 29 foot long living room/dining area; white tiled kitchen and hallway; "covered" open front patio for your year-round usage; needs some updating if you so choose and some enhancements; 55+ community- where at least one occupant must be 55+/co-occupants 18+; $623/M maintenance fee includes water, fiber optic cable, in-unit WIFI, fully funded reserves at apx 15% and usage of 2 clubhouses - 2 heated pools - fitness room - pickleball/tennis/ bocce courts. All new roofs *2 bedroom - 2 full baths spanning an impressive 1167 square feet of living area that includes a spacious eat-in kitchen measuring 17 feet long,and a generous living room/dining area extending 29 feet,providing ample space for relaxation and entertainment. *Easy access 1st floor corner in 8-plex that benefits from additional natural light with three extra windows compared to interior units. *Plus a 13' x 7' covered patio just outside your front door- for year round usage. * The backyard is one of the few wide open garden-like settings in the community *White Ceramic tile floors in kitchen and hallway *2026 Monthy Maintenance Fee: $623.00 All 684 units pay the same monthly fee and it includes city water & sewer, Xfinity fiber optic cable (including HBO), Xfinity in-unit WIFI ("internet service"), exterior painting, roof maintenance & repair, fully funded reserves (apx 15% of the $623 goes to reserves), usage of 2 clubhouses, 2 heated pools, the newly expanded and renovated fitness room in the North Clubhouse plus tennis-pickleball-bocce courts. *EQUIPMENT *RHEEM CONDENSOR/COMPRESSOR M# 13AJL24A01 2 ton; 13 SEER Condensing Unit (24,000 BTU/HR); EER: 11.15; scroll compressor; *RHEEM HANDLER M# RBHP-17J06SH1 S#:M100907377 Multiposition Air Handler With X-13 (ECM) Motor, R410A, 5 kW Electric Heat premium; RHEEM hot water heater;, *GE INDOOR LOAD CENTER (ELECTRICAL PANEL) M# POWERMARK GOLD with 100 amp service. *APPLIANCES: *FRIGIDAIRE RANGE M# FEF316BQE 30 Inch Freestanding Electric Range with 4 Coil Elements & Manual Clean Oven: Bisque on Bisque Primary Oven Capacity: 4.1 Cu. Ft. *FRIGIDAIRE DISHWASHER: needs repair M# FD81050RE02 Full Console Dishwasher with 5 Cycles, Static Vent Drying & 5-Level Precision Wash System: White-on-White; Capacity: 14 Place Settings *KENMORE SEARS COMBINATION WASHER-DRYER M# 97804790 *2025 Annual Real Estate Tax: $2942 (without any exemptions) Don't forget that you'll be located within the city limits of Delray Beach and NOT "county" Delray Beach and accordingly you have approximately 43 street lights and they are maintained by the city of Delray Beach. Plus you're eligible for freE parking in certain lots (WITH an annual permit) in "Downtown Delray Beach".. *The information provided on these pages is not warranted nor guaranteed as 100% accurate. It is subject to inadvertent error, omission, miscalculation, misinterpretation and misinformation. It has not been independently verified that all the features shown for the appliances and equipment actually exist-as the features are taken from the manufacturer's on-line specs about that model number shown and features may have been modified or eliminated by the manufacturer without the updating of the information on-line. All measurements, dimensions, capacities, sizes, materials used, monetary figures, rules & regsulations and buyer guidelines shown are not warranted nor guaranteed and need to be independently verfied by a buyer - if so desired. *BUYER GUIDELINES: At least one approved buyer must be 55+; approved co-buyers must be at least 18 years of age and can only be in residence if an 55+ approved buyer is in residence at the same time; persons not on the deed and who plan to reside at the residence for more than 30 days per year must be approved as an "occupant"and be 18+. UP to 2 indoor cats, caged birds and tropical fish are welcome as pets. Owner and guest overnight parking is limited to automobiles, SUVs, non-business passenger vans, motorcycles and small personal non-commercial open bedded pickup trucks (with no visible signage, tools or equipment); all vehicles must fit within the white stripes of parking spaces in both length and width; after 18 months of ownership unit owners can be eligible to lease out their unit (approved leases must be for a 4 month minimum and only one lease is allowed per 12 month period); title to a property cannot be taken by an LLC, a corporation, business trust, business partnership or business co-ownership; however title can be in a personal or family trust, a non-business partnership/co-ownership, a life estate or a Lady Bird Deed; a minimum credit score of 650 is required of all buyers on the purchase contract; no business can be run out of a unit whereby customers or clients come to the unit or onto the common grounds; no smoking is permitted within 50 feet of a building including catwalks, stairwells or on open patio areas; seller financing or private financing is not permitted; you can have guests stay in the unit without the owner being present(with association approval) for a maximum of 30-days per calendar year; wind-chimes/noise-makers cannot be hung outside. The open patio area in front of #101 and #104 units is a limited common element and is customarily only used by those units.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
175 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- PINES OF DELRAY - BLDG 22· MLS
- Year built
- 1975· MLS
- Stories
- 2· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Number Limit, Cats Only· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $623 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details

Cats
Welcome per listing rules
1030 Silk Oak Terrace 101, Delray Beach, FL 33445 · Delray Beach
Location
1030 Silk Oak Terrace 101, Delray Beach, FL 33445
What buyers ask about this home
What are the estimated monthly carrying costs at 1030 Silk Oak Terrace 101, Delray Beach, FL 33445?+
Property tax (after sale): $137/month est.; homeowners insurance: $0/month est.; HOA: $623/month. Fixed ownership costs before a mortgage: $760/month est. Principal and interest: $700/month; PMI: $0/month. Total for the payment scenario shown: $1,460/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1030 Silk Oak Terrace 101, Delray Beach, FL 33445?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1030 Silk Oak Terrace 101, Delray Beach, FL 33445 need flood insurance, and what drives the premium?+
Most of Delray Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 1030 Silk Oak Terrace 101, Delray Beach, FL 33445?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 1030 Silk Oak Terrace 101, Delray Beach, FL 33445 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Delray Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 1030 Silk Oak Terrace 101, Delray Beach, FL 33445?+
This listing has been on the market 175 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Delray Beach. Walkable Atlantic Avenue, award-winning beach, and a vibrant gallery + dining scene.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Orchard View Elementary School
Elementary · 1.1 mi from this home · 4050 Germantown Rd, Delray Beach
Zone boundaries published by School District of Palm Beach County.
Other options for this address
Trinity Evangelical Lutheran Chrch Of Del Ray Bch
Elementary · Private · Christian · Grades PK–8 · Delray Beach
American Heritage School - Boca/Delray Palm Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Delray Beach
ST. Andrews School Of Boca Raton Inc
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Boca Raton
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.

2700 SW 22nd Avenue 1406, Delray Beach, FL 33445
Listed by Compass Florida LLC
SABAL PINE CONDO
2 bd · 2 ba · 1,013 sq ft
$148,000
View details
2440 SW 22ND Avenue 703, Delray Beach, FL 33445
Listed by United Realty Group, Inc
SABAL PINE CONDO
2 bd · 2 ba · 1,013 sq ft
$215,000
View details
5170 NW 3RD Court C, Delray Beach, FL 33445
Listed by London Foster Realty
HIGH POINT OF DELRAY SEC 7 CONDO
1 bd · 2 ba · 1,080 sq ft
$149,000
View details
385 BURGUNDY I, Delray Beach, FL 33484
Listed by Kings Point Signature Real Est
KINGS POINT
2 bd · 2 ba · 902 sq ft
$160,000
View details
532 Capri L, Delray Beach, FL 33484
Listed by Real Broker, LLC
KINGS POINT CAPRI CONDOS
2 bd · 2 ba · 910 sq ft
$150,000
View details
15251 LAKES OF DELRAY Boulevard 327, Delray Beach, FL 33484
Listed by United Realty Group, Inc
Lakes of Delray
2 bd · 2 ba · 900 sq ft
$129,000
View details