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$240,000

Gleneagles Condo I — Delray Beach

2 bd · 2 ba · 1,260 sqft · Furnished · Built 1986 · Pets: Yes, Breed Restrictions, Number Limit, Pet Restrictions Possible
7563 Glendevon Lane 1306, Delray Beach, FL 33446
MLS# B26015405

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

Inquire about this home

Courtesy of Signature Real Estate Finder. Listing data via BeachesMLS IDX. Information deemed reliable but not guaranteed.

Location

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