1540 NW 18th Avenue

Delray Beach, FL 33445

$300,000

$261/ft²

2Beds

2Baths

1,148Sq ft

1980Year built

CondoType

About this home

Enjoy the Best of Florida Living in This Vibrant 55+ Community Welcome to your slice of Florida sunshine! This beautiful condo is ideally located in a highly desirable55+ community offering an active, social, and carefree lifestyle. Conveniently positioned near three international airports, all easily accessible by car or train—the closest just 20 minutes away, with two others within 30-45 minutes—travel is effortless. The community offers an exceptional array of amenities, including pickleball and tennis courts, two fully equipped fitness centers, an aquatic pool, two clubhouses, and a relaxing jacuzzi. With a full calendar of adult activities and organized outings—including casino trips—you'll always have the option to stay as social and engaged as you wish. You're never alone here - unless you choose to be.Enjoy peace of mind with very responsive on-site property management. Golf enthusiasts willappreciate multiple public golf courses within a 15-minute drive.The condo is just 5 minutes from vibrant downtown Delray Beach, offering dining, shopping, andentertainment, and provides easy access to I-95, making travel to surrounding areas quick andconvenient. A movie theater is only a short drive away, and medical centers and hospitals are located within 10 minutes, with Palm Tran ADA assistance available for added convenience. This is Florida living at its best comfort, connection, and convenience all in one place. Plus, enjoy added peace of mind with full impact doors and windows throughout the home—no need to worry during hurricane season.

Features

Waterfront
Private pool
55+ community

Property details

Listing

MLS #: R11153919
Status: For sale
Listed on: Jan 13, 2026
Days on market: 209 days
Listing data updated: Aug 5, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,148 ft²
Price per ft²: $261/ft²
Unit: 203

Building & community

Type: Condo
Year built: 1980
HOA fee: $587/mo
County: Palm Beach

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,517
Property taxes (est.): $275
Home insurance (est.): $317
Flood insurance (est.): —
HOA fee: $587

Estimated total$2,696*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?