5285 Monterey Circle, Delray Beach FL 33484, DELRAY BEACH, FL, 33484
Active27 days on marketListed Jul 12, 2026MLS #A12052254
About this home
5285 Monterey Circle, Delray Beach FL 33484
Welcome to 5285 Monterey Circle, a beautifully renovated waterfront corner-unit townhome in the gated community of Monterey Lake in central Delray Beach. Updated with over $125,000 in upgrades, this spacious three-bedroom, two-and-a-half-bath residence offers more than 2,000 square feet under air. Soaring 10-foot ceilings, abundant natural light and an open floor plan create a bright and inviting atmosphere. The home features brand-new porcelain wood-look tile flooring and a redesigned kitchen with quartzite/marble countertops, stainless steel appliances, an under-counter microwave and wine refrigerator. The bathrooms have also been beautifully renovated, and the bedrooms offer generous closet space.Enjoy year-round breezes and sunrise views from the screened-in waterfront lanai. Accordion shutters throughout provide added storm protection and convenience. The HOA includes roof maintenance, exterior painting, building insurance, lawn service, pest control, security, internet, cable and community amenities. Monterey Lake offers a remodeled clubhouse, resort-style pool, Jacuzzi, tennis, pickleball, basketball and fitness center. Zoned for A-rated schools and conveniently located near all that Delray Beach has to offer, this home delivers exceptional space, style and value.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1
Garage
1989
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,508 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,508/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Monterey Lake
Get to know Delray Beach. See the full Delray Beach guide →
Monterey Lake — neighborhood snapshot
Population
442
Median age
55
Median income
$85,917
Median home value
$376,900
Avg household
2
Households w/ children
50%
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Delray Beach market
$584K → $433K
Delray Beach median sold, yr/yr
95.7%
Sale-to-list ratio (12 mo)
Median sold price, Delray Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 220% above the DELRAY BEACH 33484 median. See the full Delray Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5285 Monterey Circle
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$395,000
5435 Monterey Circle # G, Delray Beach FL 33484 · same community
3 bd · 2 ba · 1,783 sqft · $222/sqft · 122 DOM
Sold · Sep ’25$416,000
5255 Monterey H Circle # H, Delray Beach FL 33484 · same community
3 bd · 2.5 ba · 1,793 sqft · $232/sqft · 38 DOM
Sold · Jan ’26$449,000
5375 Monterey Circle # C, Delray Beach FL 33484 · same community
3 bd · 2 ba · 1,829 sqft · $245/sqft · 6 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5285 Monterey Circle — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5285 Monterey Circle — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5285 Monterey Circle FAQs
What would the monthly payment be for 5285 Monterey Circle, Delray Beach FL 33484?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,508/mo — principal and interest, the actual property-tax bill, the $855/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5285 Monterey Circle, Delray Beach FL 33484?+
The association fee works out to $855 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5285 Monterey Circle, Delray Beach FL 33484?+
The most recent tax bill on record (2025) was $5,472. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Delray Beach?+
At $479,900, this home is listed about 78% above the Delray Beach median of $269,999. The market section on this page shows how the area is trending.
Which schools are assigned to 5285 Monterey Circle, Delray Beach FL 33484?+
Orchard View Elementary School (elementary), Omni Middle School (middle), Spanish River Community High School (high), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$479,900 runs 220% above the DELRAY BEACH 33484 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $855/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Orchard View Elementary School, Omni Middle School, Spanish River Community High School, Glades Construction Academy At West Technical — Omni Middle School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Douglas Elliman · Adam Marlieb. MLS #A12052254.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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