Tropic Palms, 1508 Cormorant Rd

3
Beds
2
Baths
2,083
SqFt
$528
$/SqFt
Sold - Apr 30, 2026
Mid-Tier House
Built in 1978
2 Parking
Canal, Garden, Lake, Pool, Water View
Waterfront
Ranch, Traditional
Balcony
Welcome to an exceptional waterfront property in Delray Beach's desirable Tropic Palms community-offering no HOA restrictions and incredible flexibility for full-time residents, seasonal owners, vacation use, or income-producing rental potential. Perfectly positioned on the wide and scenic C-15 Canal, this home delivers expansive water views, peaceful surroundings, and direct access for kayaking, boating, and fishing-creating a true South Florida lifestyle experience without the congestion of ocean-access canals. This beautifully updated 3-bedroom, 2-bath residence with interior laundry room features a bright, open-concept layout with soaring ceilings and expansive windows that flood the home with natural light while showcasing tranquil waterfront views. High-end finishes include porcelain tile flooring throughout, quartzite countertops, and upgraded kitchen and baths designed with both style and durability in mind. One of the home's most standout features is the rooftop balcony, offering a rare elevated setting to enjoy panoramic water views, coastal breezes, and spectacular sunrise and sunset skies-an ideal space for relaxing or entertaining. Step outside to an expansive backyard retreat, thoughtfully designed for entertaining and leisure, featuring a private dock, brand-new seawall, pool, pergola, BBQ area, and fenced yard-perfect for hosting guests or creating your own private oasis. The property also boasts an extra-wide driveway with room for multiple vehicles, a boat, or RV, along with an oversized garage-an uncommon and highly desirable feature for waterfront homes. Additional upgrades include: Brand-new flat roof (2026, permitted) New seawall (2024, permitted) White vinyl fence (2024, permitted) Trane HVAC (2020) Impact windows and doors Generator hookup Washer & dryer (2024), Air-conditioned laundry room (2024). Ideally located within a rapidly improving corridor between Linton Blvd and Atlantic Ave, this home benefits from ongoing city and FDOT enhancements including wider sidewalks, improved pedestrian and bike access, and enhanced connectivity. Once complete, homeowners can walk or bike directly to Linton Boulevard, with easy access to Whole Foods, Target, Home Depot, HomeGoods, and local favorites like First Watch, BurgerFi, and Chipotle. Whether you're seeking a primary residence, second home, vacation getaway, or a high-demand seasonal or Airbnb rental, this property offers exceptional versatility and long-term value. Properties with this combination of no HOA, wide water views, rooftop living space, and strong rental potential in this price point are very rare in Delray Beach.
MLS Number: B26003657
On Site: 188 Days
Updated: 34 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Balcony, OutdoorLivingArea
  • View: Canal, Garden, Lake, Pool, Water
Interior, Heating and Cooling
  • Interior Features: BreakfastBar, CathedralCeilings, DiningArea, SeparateFormalDiningRoom, EatInKitchen, HighCeilings, LivingDiningRoom, Pantry, Storage, SeparateShower, StackedBedrooms, VaultedCeilings, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, IceMaker, Microwave, Range, Refrigerator, WaterHeater, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir, CeilingFans
Building and Construction
  • Floor Description: CeramicTile, Other, Tile
  • Windows/Treatment: Blinds, Drapes, StormWindows
  • Construction Type: House
  • Year Built: 1978
  • Style: Ranch,Traditional
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2026-03-18T10:36:02.000-00:00
    • Directions: North
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Taxes: 8435.95
    • Real Estate Taxes: 473088
    • Security Information: FireAlarm, SmokeDetectors
    • Parking Description: Attached, Driveway, Garage
    • Total Floors in Building: 1

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    Price History

    Current
    $1.1M
    High
    $1.2M
    Low
    $1.1M
    Total Change
    -8.3%
    $1.2M$1.2M$1.1MMar 26May 26Apr 26Jun 26
    Date
    Event
    Price
    Change
    Price Per
    06/14/2026
    Sold
    $1.1M
    0%
    $528 ft2
    $5,684 m2
    04/30/2026
    Price Reduced
    $1.1M
    0%
    $528 ft2
    $5,684 m2
    05/01/2026
    Price Reduced
    $1.1M
    -8.33%
    $528 ft2
    $5,684 m2
    03/18/2026
    Listed
    $1.2M
     
    $576 ft2
    $6,201 m2
    06/14/2026
    $1.1M
    Event
    Sold
    Change
    0%
    Price Per
    $528 ft2
    $5,684 m2
    04/30/2026
    $1.1M
    Event
    Price Reduced
    Change
    0%
    Price Per
    $528 ft2
    $5,684 m2
    05/01/2026
    $1.1M
    Event
    Price Reduced
    Change
    -8.33%
    Price Per
    $528 ft2
    $5,684 m2
    03/18/2026
    $1.2M
    Event
    Listed
    Price Per
    $576 ft2
    $6,201 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Mary ManginesCompass Florida LLC • Buyer Agency Compensation .

    Transit & Commute from Tropic Palms

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    26
    Traffic score
    Congested area. Frequent traffic delays
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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    13

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    30

    100
    Sound Score®
    Bearable noise
    79

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    26

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    3 – 4 BR
    Bedrooms
    $574K – $1.3M
    Price Tier
    975 - 2,982
    SqFt Range
    1976
    Year Build
    1
    Total Floors

    Subdivision Amenities

    None
    Sidewalks

    Delray Beach
    Mid-Tier
    Mid-Tier Homes & Condos