condo

$1,750,000

320 S OCEAN Boulevard LC, Delray Beach, FL 33483

Delray Beach, FL, 33483

2 bd · 2 ba · 1,182 sqft

Listed by The Corcoran Group

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

$12,277/ month

20% down · 6.75% interest · 30-year loan · Jumbo loan

Jumbo loan: put down about $917,250 or more to stay conforming. What's different?
  • A bigger down payment, often 10–20% or more
  • A higher credit score, often 700+
  • More cash reserves, often 6–12 months of payments
  • Full income documentation, sometimes a second appraisal on large loans

Other options: Conforming first mortgage plus a home equity loan for the rest ("piggyback"); Portfolio or private bank loans; Cash. Each lender sets its own rules.

Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.

Principal & interest
$9,080/mo
Property tax (after sale) est.
$1,770/mo
Insurance included in HOA
$0/mo
HOA
$1,427/mo

Estimate only, not guaranteed. Verify before you buy or sell.

About This Property

Find similar homes

Discover a rare turnkey coastal retreat in the coveted Lanikai Villas, beautifully reimagined as a sophisticated tropical pied-à-terre just moments from a private stretch of beach on prestigious South Ocean Boulevard. This boutique villa blends timeless Mid-Century Modern architecture with refined coastal design, offering the perfect balance of luxury, comfort, and effortless beachside living, all within walking distance of Delray Beach's renowned Atlantic Avenue. Bathed in natural light, the thoughtfully redesigned open-concept floor plan showcases a striking custom white oak beam ceiling, wide-plank wood flooring, designer lighting, bespoke millwork, and walls of impact glass overlooking lush tropical gardens. The oversized chef's kitchen serves as the heart of the home, featuring natural quartzite countertops, premium stainless-steel appliances, custom cabinetry accented with soft seafoam green detailing, and an expansive island designed for gathering and entertaining. A beautifully integrated custom dry bar with built-in cabinetry provides the perfect space to entertain in style. The tranquil primary suite offers custom-built closet systems and a spa-inspired bath featuring elegant natural stone finishes, striking custom vanity cabinetry, and a frameless glass shower. The beautifully appointed guest suite and bath with laquered cabinetry and distinctive tilework continue the home's sophisticated design aesthetic with timeless finishes and exceptional craftsmanship throughout. Additional highlights include hurricane-impact windows and doors, an attached garage, and rare attic storage - an exceptional luxury seldom found in condominium living. Nestled among lush tropical courtyards, Lanikai Villas is one of Delray Beach's most charming boutique beachfront communities, offering private beach access, a heated pool, clubhouse, and cabana with a full kitchen overlooking beautifully landscaped grounds. Recent community improvements include newly replaced roofs, and because the community consists of only two-story buildings, it is exempt from Florida's structural reserve requirements under Florida HB-1021. Whether you're searching for a full-time residence or an elegant lock-and-leave tropical pied-à-terre, this exceptional turnkey villa offers an unparalleled coastal lifestyle in one of Delray Beach's most sought-after seaside communities.

Good deal

Why we flagged this one

A transparent review of current MLS facts—not a paid placement.

  • Price reduced 6%

    The seller has come down from $1,869,000 to $1,750,000 — a $119,000 reduction since it came on the market.

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
LANIKAI VILLAS CONDO· MLS
Year built
1961· MLS
Stories
1· 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, Breed Restrictions, Number Limit· MLS
Age restriction (55+)
Not provided —
HOA fee
$1,427 / 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.

Your costs (est.)

≈ $12,277/mo

320 S OCEAN Boulevard LC, Delray Beach, FL 33483 · Delray Beach

Location

320 S OCEAN Boulevard LC, Delray Beach, FL 33483

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995