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+67 photosWaterfront home — 15136 W Tranquility Lake Drive · Waterways At Delray Ph 2, Ph 3 · Delray Beach
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Open property magazine$410,000
15136 W Tranquility Lake Drive, Delray Beach, FL 33446
Delray Beach, FL, 33446
2 bd · 2 ba · 1,175 sqft
Listed by Realty Home Advisors Inc
15136 W Tranquility Lake Drive, Delray Beach, FL 33446
Listed by Realty Home Advisors Inc
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Estimated monthly payment
$3,138/mo
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 $3,138/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesWelcome to this beautifully renovated 2 bedroom, 2 bath villa offering peaceful lake views and effortless Florida living. A freshly painted, inviting front courtyard welcomes you home, while the attached one car garage with interior access adds everyday convenience. Inside, you'll find soaring vaulted ceilings, oversized baseboards, ceiling fans throughout, recently painted interior walls, new laminate flooring and tile, and a bright, open layout. The fully renovated eat-in kitchen features new stainless steel appliances, including a refrigerator, microwave, range and dishwasher, pantry and an upgraded deep workstation sink with multiple rinse components and a built-in soap dispenser. Both bathrooms have also been beautifully fully renovated, creating a truly move ready home. Additional upgrades include a newer roof 2022, a water heater that's approximately one year old, a whole house EcoWater Angel water filtration system installed just two years ago, a full size stackable washer and dryer, attic storage, an additional refrigerator in the garage and accordion hurricane shutters on all openings for added storm protection and peace of mind. The primary suite is a relaxing retreat featuring a deep walk in closet, multiple windows showcasing tranquil lake views, and direct access to the covered, screened patio. The living room also opens to the patio, creating the perfect space for indoor/outdoor living, entertaining, or simply enjoying the serene waterfront setting. Residents enjoy access to fantastic community amenities, including a clubhouse, pool, tennis/pickleball courts and a dog park. Ideally located in Delray Beach, this home is just minutes from the Florida Turnpike, making commuting a breeze. Enjoy nearby shopping centers, restaurants, grocery stores and everyday conveniences, while vibrant Atlantic Avenue in Downtown Delray Beach offers award winning dining, boutique shopping, art galleries, entertainment, and beautiful beaches just a short drive away. This home combines modern updates, comfort, convenience and the very best of the SFL lifestyle.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
132 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.
Property Details
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Your costs (est.)
≈ $3,138/mo
15136 W Tranquility Lake Drive, Delray Beach, FL 33446 · Delray Beach
Location
15136 W Tranquility Lake Drive, Delray Beach, FL 33446
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 15136 W Tranquility Lake Drive, Delray Beach, FL 33446?+
Property tax (after sale): $415/month est.; homeowners insurance: $272/month est.; HOA: $324/month. Fixed ownership costs before a mortgage: $1,011/month est. Principal and interest: $2,127/month; PMI: $0/month. Total for the payment scenario shown: $3,138/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 15136 W Tranquility Lake Drive, Delray Beach, FL 33446?+
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 15136 W Tranquility Lake Drive, Delray Beach, FL 33446 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 an inspection focus on for a home like 15136 W Tranquility Lake Drive, Delray Beach, FL 33446?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 15136 W Tranquility Lake Drive, Delray Beach, FL 33446?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 15136 W Tranquility Lake Drive, Delray Beach, FL 33446?+
This listing has been on the market 132 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 · 3.8 mi from this home · 4050 Germantown Rd, Delray Beach
Spanish River Community High School
High school · 4.2 mi from this home · 5100 Jog Rd, Boca Raton
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
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
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Simon Gedz
Realtor® since 1995
Interested in this property?
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