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Gleneagles Condo I — Delray Beach
Turnkey Delray Beach Condo with Guaranteed $48,000 Income! Priced to sell, this thoughtfully renovated 2-bedroom, 2-bathroom second-floor condo offers an unbeatable investment or lifestyle opportunity. The unit is already leased from November 1, 2026, through April 30, 2027, at $8,000 a month—handing the new buyer an immediate $48,000 in guaranteed rental income. Plus, closing before November 1st allows you to secure your Gleneagles Country Club membership before the fees increase to $150,000 across all membership options, maximizing your upfront savings. Currently, it's $110,000 for Golf or Tennis/Pickleball, or $150,000 for Social-only Membership. Gleneagles Country Club is Delray Beach's best kept secret! All-ages welcome! It's on Atlantic Avenue within minutes of the beach! Roof 2025
Costs and association
The association fee is $650 monthly, covering cable TV, insurance, maintenance grounds and security. Property tax was $2,658 in 2025. Ownership is subject to 5 recorded restrictions, including buyer approval required and parking - no commercial vehicles. The community is gated.
- Association fee
- $650 monthly
- Estimated monthly cost
- $650
- Fee includes
- Cable TV, Insurance, Maintenance Grounds, Security, Sewer, Trash, Water, Common Areas
- Association type
- Condominium
- Master association
- Yes
- Application fee
- $535
- Annual property tax
- $2,658 (2025)
- Restrictions
- Buyer Approval Required, Parking - No Commercial Vehicles, Parking - No RV, Parking - No Truck, Lease Restrictions
- Pets
- Yes, Breed Restrictions, Number Limit, Pet Restrictions Possible
- Gated community
- Yes
- Age-restricted community
- No
Building and exterior
Built in 1986, in a 2-storey building. Construction is Frame and Other. Parking is assigned and guest. The outlook takes in the garden.
- Floors in building
- 2
- Unit floor
- 2
- Unit number
- 1306
- Levels
- One
- Year built
- 1986
- Total building area
- 1,260 sq ft
- Parking
- Assigned, Guest
- Private pool
- No
- View
- Garden
- Waterfront
- No
- Waterfront detail
- None
- Faces
- East
- Construction
- Frame, Other, Stucco, CBS
- Roof
- Concrete, Tile
- Security
- Gated with Guard, Security Guard, Security System Owned, Security Patrol, Security Gate
- Exterior features
- None
Interior and finishes
Finished in ceramic tile. Climate control is central air and ceiling fan(s) with central and electric heat. The plan runs to 4 rooms with 2 full bathrooms. Interior features include built-in features, entrance foyer and high ceilings.
- Bedrooms
- 2
- Full bathrooms
- 2
- Total rooms
- 4
- Living area
- 1,260 sq ft
- Flooring
- Ceramic Tile
- Interior features
- Built-in Features, Entrance Foyer, High Ceilings, Pantry, Walk-In Closet(s), Bedroom Layout - Split, Closet Cabinetry, Custom Mirrors, Storage
- Appliances
- Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
- Cooling
- Central Air, Ceiling Fan(s)
- Heating
- Central, Electric
- Furnished
- Furnished
- Rooms
- Kitchen, Laundry, Living Room, Master Bedroom
Location and market
Listed on 14 Apr 2026, and on the market 123 days. The price has come down from $245,000. Assigned schools are Orchard View, Carver Community and Spanish River.
- Date listed
- 14 Apr 2026
- Days on market
- 123
- Original list price
- $245,000
- Price per sq ft
- $190.47
- Elementary school
- Orchard View
- Middle school
- Carver Community
- High school
- Spanish River
- Utilities
- Cable Available, Electricity Available, Sewer Available, Water Available
- Sewer
- Public Sewer
- Directions
- Florida Turnpike exit Atlantic Avenue. Go east to entrance of Gleneagles on the right (Legends Way). At gate, give address. Straight on Legends Way to Glendevon Lane and go right. First left and when Glendevon curves to right, make a right. 7563 unit 1306
- Photographs
- 95
Location
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