220 Macfarlane Drive #505, Delray Beach FL 33483

Spacious 2-bedroom, 2-bath condominium with ocean and Intracoastal views in a 55+ community near Atlantic Ave.
$899,900

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Florida Local Time --:--
MLS #R11044271
Listing Updated: 2026-07-17 06:40:22
Listed By: Beach Effect Real Estate

Overview

This 1760 sqft condominium at 220 Macfarlane Drive #505 offers a comfortable and elegant living space featuring two bedrooms and two bathrooms. Built in 1970 and recently restored with concrete funding and ELSS completion, the unit boasts hurricane impact windows, a large balcony with ocean and Intracoastal views, and an open concept layout with a breakfast bar. Interior amenities include a cooking island, walk-in closets, plantation shutters, crown molding, and neutral tile throughout. The building is exclusive to residents aged 55 and over, offering two elevators serving only three apartments per floor, a heated pool, exercise room, free boat docks (subject to availability), and a multifunction room for social gatherings. Located just two blocks from Atlantic Avenue, residents enjoy access to excellent dining, entertainment, and one of the most beautiful beaches on Florida’s Gold Coast.

Property Highlights

Ocean and Intracoastal views, 2 bedrooms, 2 bathrooms, open concept with breakfast bar, hurricane impact windows, large balcony, heated pool, exercise room, free boat docks, 55+ community, close to Atlantic Avenue.

Property Details

City: Delray Beach
State: FL
Zip Code: 33483
Address: 220 Macfarlane Drive # 505, Delray Beach FL 33483
Year Built: 1970
Property Type: Residential
Property Sub Type: Condominium
Listing Office Name: Beach Effect Real Estate
County: Palm Beach County
Garage Spaces: 0
Parking Features: Assigned, Awning, Covered, Deeded, Guest, No Rv/Boats
Interior Features: Interior Hall, Cooking Island, Entrance Foyer, Pantry, Split Bedroom, Walk-In Closet(s), Utility Room/Laundry
Exterior Features: East Of Us1, Balcony
Waterfront: Yes
Pool: Yes
HOA Fee: $1,983
Annual Tax: $5,813
Days On Market: 529 Days
Fully funded, concrete restoration, ELSS completed. Enjoy one of the most beautiful beaches on the Gold Coast! A view of the ocean and Intracoastal. Only two blocks from exciting Atlantic Ave with excellent dining and entertainment. Condo has open concept with breakfast bar, split bedroom, plantation shutters throughout. Hurricane impact windows inside and on large balcony. Lots of kitchen cabinets, walk in closets. Crown molding and neutral tile in every room. Two elevators in building serving only three apartments on each floor. Large heated pool, free boat docks when available, exercise room, additional storage, beautiful multifunction room for parties, cards, etc. You will love living at Seagate Towers! 55 + building

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

220 Macfarlane Drive # 505, Delray Beach FL 33483

About This Neighborhood

Situated in Delray Beach, this property benefits from a well-established neighborhood known for its scenic coastline and lively cultural scene. The community offers a peaceful environment with easy access to the bustling Atlantic Avenue, which hosts a variety of dining and entertainment options. Residents enjoy a blend of coastal charm and urban convenience, making it an attractive place to live for mature adults.

Walkability & Lifestyle

Residents enjoy a highly walkable environment with Atlantic Avenue just two blocks away, offering restaurants, boutiques, and entertainment venues. The proximity to the beach and Intracoastal Waterway invites outdoor activities such as walking, biking, and water sports, supporting an active and convenient lifestyle.

Things To Do Nearby

Delray Beach is known for its vibrant cultural scene, including art galleries, theaters, and festivals. Nearby, residents can enjoy boating, fishing, golf, and beach activities. The community’s social room and heated pool provide additional leisure options within the building itself.

Nearby Schools

Delray Beach offers access to a variety of educational institutions suitable for families and lifelong learners. Although this 55+ community is designed for mature residents, the broader area includes public and private schools, providing educational convenience for those with visiting family or future relocation plans.

Why Buyers Like This Area

Buyers appreciate this property for its ocean and Intracoastal views, spacious layout, and location within a well-maintained 55+ community. The proximity to Atlantic Avenue’s dining and entertainment, combined with premium building amenities, creates a balanced lifestyle for those seeking comfort and convenience in Delray Beach.

Investment Potential

This condominium in Delray Beach appeals to buyers seeking a serene 55+ community with premium amenities and proximity to vibrant Atlantic Avenue. Its location near the beach and waterfront views enhance its desirability. While the property is primarily suited for owner-occupants, its features and community offerings may attract seasonal residents and tenants looking for comfortable, well-maintained housing in a sought-after area.

Rental Income Potential

While this 55+ condominium primarily targets owner-occupants, its location near popular beaches and entertainment districts may generate seasonal rental interest. The community’s amenities and ocean views enhance its appeal to potential tenants during peak seasons, though rental opportunities may be subject to community regulations and availability.
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