tomo logo

$440,000

Beds
2
Baths
3.0
sq ft
1,300

555 Banyan Tree Ln Unit 206, Delray Beach, FL 33483

555 Banyan Tree Ln Unit 206

Delray Beach, FL 33483

  • 5 days on market
Your Perfect Beachside Retreat Awaits! Step into coastal luxury with this beautifully renovated 2B/2B condo, ideally located just moments from the pristine Atlantic Dunes Beach. Tucked away from street noise, this turnkey home features modern, elegant decor and a serene atmosphere that instantly puts you at ease.The spacious patio is your personal sanctuary--complete with soothing coastal furnishings perfect for unwinding. Inside, enjoy a fully equipped kitchen with high-end appliances, hurricane impact windows, and an abundance of natural light throughout.Take a short stroll to the beach, or relax at the community pool and clubhouse. Convenience is key with Fresh Market, Trader Joe's, and Publix all nearby, plus easy access to the vibrant shops and restaurants of Atlantic Ave.

Details

Property type

Condominium

Est. home value

$362,868

Lot size

365 sq ft

Price per sq ft

$339

Year built

1979

Annual property taxes

$5,330

Monthly HOA fee

$698

Price History

03/26/2025
Beaches

Beaches #R11075694

Listed
$440,000
+54.39%
01/24/2022
Beaches

Beaches #R10764110

Sold
$285,000

Schools & Community

Elementary school: 

Pine Grove

Middle school: 

Boca Raton Community

High school: 

Boca Raton Community

Community features: 

Pool

Number of units in community: 

60

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$321,894
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$82,906
Cash to seller
$321,894

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bayshore Mortgage Funding Llc

Loan start date

March 2023

Original loan amount

$85,000

Est. remaining balance

$82,906

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Nancy Court and The Nancy Court Living Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/30/2025 at 11:35 PM

Listing updated: 03/27/2025 at 10:56 PM

Listed by: Katy Moraskie, Coldwell Banker Realty /Delray Beach Phone #: (561) 278-0300

MLS: Beaches #R11075694

Beaches logo

Recently listed in Delray Beach