320 S OCEAN Boulevard

Delray Beach, FL 33483

$1,869,000

$1,581/ft²

2Beds

2Baths

1,182Sq ft

1961Year built

CondoType

About this home

Discover a rare turnkey coastal retreat in the coveted Lanikai Villas, beautifully reimagined as a sophisticated tropical pied-à-terre just moments from a private stretch of beach on prestigious South Ocean Boulevard. This boutique villa blends timeless Mid-Century Modern architecture with refined coastal design, offering the perfect balance of luxury, comfort, and effortless beachside living, all within walking distance of Delray Beach's renowned Atlantic Avenue. Bathed in natural light, the thoughtfully redesigned open-concept floor plan showcases a striking custom white oak beam ceiling, wide-plank wood flooring, designer lighting, bespoke millwork, and walls of impact glass overlooking lush tropical gardens. The oversized chef's kitchen serves as the heart of the home, featuring natural quartzite countertops, premium stainless-steel appliances, custom cabinetry accented with soft seafoam green detailing, and an expansive island designed for gathering and entertaining. A beautifully integrated custom dry bar with built-in cabinetry provides the perfect space to entertain in style. The tranquil primary suite offers custom-built closet systems and a spa-inspired bath featuring elegant natural stone finishes, striking custom vanity cabinetry, and a frameless glass shower. The beautifully appointed guest suite and bath with laquered cabinetry and distinctive tilework continue the home's sophisticated design aesthetic with timeless finishes and exceptional craftsmanship throughout. Additional highlights include hurricane-impact windows and doors, an attached garage, and rare attic storage - an exceptional luxury seldom found in condominium living. Nestled among lush tropical courtyards, Lanikai Villas is one of Delray Beach's most charming boutique beachfront communities, offering private beach access, a heated pool, clubhouse, and cabana with a full kitchen overlooking beautifully landscaped grounds. Recent community improvements include newly replaced roofs, and because the community consists of only two-story buildings, it is exempt from Florida's structural reserve requirements under Florida HB-1021. Whether you're searching for a full-time residence or an elegant lock-and-leave tropical pied-à-terre, this exceptional turnkey villa offers an unparalleled coastal lifestyle in one of Delray Beach's most sought-after seaside communities.

Features

Private pool

Property details

Listing

MLS #: B26058353
Status: For sale
Listed on: Jul 29, 2026
Days on market: 12 days
Listing data updated: Aug 5, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,182 ft²
Price per ft²: $1,581/ft²
Unit: LC

Building & community

Type: Condo
Year built: 1961
HOA fee: $1,427/mo
County: Palm Beach

Lot & exterior

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): $9,451
Property taxes (est.): $1,713
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $1,427

Estimated total$13,191*/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?