Villa in Delray Beach, FL 33445

The Pines Of Delray, 2401 Papaya Dr

PINES OF DELRAY. Corner villa! $159,900!! Brand NEW 2.5 ton AC system just installed! Currently the only CORNER VILLA available. 1167 square feet under air with a 160 square foot screened & tiled patio PLUS a privacy-hedged 16 x 10 open patio; 2019 30 gallon hard-wired water heater, a 2020 GE washer-dryer and a 2019 Amana dishwasher. The kitchen is open to the ceiling plus has extended lower cabinetry and a fully tiled countertop. 2019 electrical panel; updated toilets (one is 2021); master bathroom has an updated full size walk-in shower plus contemporary tiled walls., paddle fans .At least one occupant must be 55+; co-occupants 18+, up to 2 indoor cats OK. Fully funded reserves! In-unit WIFI ! Professional security patrol 8pm-6am. WELCOME TO THE PINES OF DELRAY - a 684-unit condominium community comprised of 115 buildings (56 two-story 8-plex buildings and 59 one-story 4-plex buildings), 25 city-maintained streets (and unlike condos in "county" Delray Beach there are 48 street lights). The Pines of Delray is situated on 72 acres of land conveniently located off the northeast corner of Linton Blvd and Homewood Blvd and there are 5 "no-wait" entrances. There are also 2 clubhouses, 2 heated pools, 2 fitness rooms as well as several activity courts. At least one occupant must be 55+, co-occupants must be 18+ and you can have up to 2 indoor cats or caged birds as pets. At the peak of the winter "season" there are an estimated 1,000 persons in residence. CONDOMINIUM DOCUMENTS: UPON going to contract the buyer will be sent 3 emails containing the following 10 documents: *The Amended & Restated Declaration of Condominium (2015) *The Amended & Restated Article of Incorporation. (2015) *The Amended & Restated By-Laws (2015) (NOTE: there are currently no amendments to the above 3) *Most recent Rules & Regulations Booklet (2015 edition) *Frequently Asked Question and Answer Sheet (2021) *Not-For-Profit Corporate Annual Report (2021) *Approved Condominium Budget (2021) *Most recently published condominium financials. *DPR's Condominium Governance Booklet (2021) *The EPA's "Protect Your Family From Lead Booklet"(2021) ************************************************* Additional information about the Pines of Delray: *ALL units pay the same $391/month condo fee. Approximately 12.5% of the $391 goes to fully funded reserves. If a condominium's reserve percentage is less than 10%, then its usually a red flag. There is also NO recreational lease or land lease. *Smoking is allowed within your unit BUT is prohibited on catwalks, stairwells, front door stoops, front walk-ways or in the open patio areas in front of first floor end units in the 8-plex buildings. *The Pines of Delray is totally condominium ownership. Its a COA (Condominium Owners Association) and NOT an HOA (Home Owners Association). And unlike HOAs, Florida COAs are prohibited from charging new owners a "capital contribution" fees. COAs are also prohibited from charging a buyer an approval application fee(including any other so-called transfer fees) in excess of $100 per couple or per single. *A small personal non-commercial personal empty-bedded (including no storage box & no side attachments) pick-up truck is OK (subject to association review of vehicle) *In order to be able to lease out a unit a new owner must have 18-months of ownership plus no more than 20% of the total units in the complex can already be under an approved lease at the time your prospective tenant files an approval application with the association. The rental percentage is currently below 20%. Once eligibility is met, rentals can be once per 12 month period with a 4-month minimum term. And a landlord permit must be obtained from the City of Delray Beach. *Up to 2 indoor cats (no outdoor litter boxes), 2 quiet caged birds or aquarium fish are allowed. *Each unit gets one assigned space and guest spots are open to all; although it is encouraged that you use the guest spots closest to your building first. *Motorcycles are OK, but not encouraged. *The Pines of Delray is within the city limits of Delray and is NOT in so-called "county Delray Beach"--which is generally anything WEST of Military Trail. *The Pines of Delray was built in 13 phases from 1974 to 1979. The majority of the buildings were constructed in 1976-1977. Only 6 buildings were constructed in 1978 (96-99 and 108-109) and 2 in 1979 (29-30). So check the building number in the legal description on your purchase contract to see if the year built information provided to you is correct. ************************************************* YEAR OF MANUFACTURE OF EQUIPMENT AND APPLIANCES: 2021 -BRAND NEW 2.5 TON 16 SEER RHEEM AC SYSTEM BEING INSTALLED. 2020 GE washer/dryer (3.8 cuft washer) (MODEL# GUD27ESSM1WW) 2019 Rheem water heater (30 gallon-hard wired) (MODEL# XE30SO6ST38U1) 2019 Amana dishwasher (12-place setting capacity) (MODEL#ADB1400AGW1) 2019 Siemens Electrical Panel 2016 Insinkerator Disposal (1/2 HP) (MODEL: Badger 500-1) 2009: Sears(by Frigidaire) range (5 "burner" smooth-top) (MODEL# 790.94332701) 2008: Frigidaire/Electrolux Refrigerator (MODEL# FRT21IL4FW4) 2006: Sears microwave (MODEL# 721.80412500) 2006: Roof of building replaced. 2006: Screened patio (160 sqft) added. (IMPORTANT) The year of manufacture is not guaranteed nor warranted as 100% accurate - as some dates are based upon the decoding of serial numbers and are subject to inadvertent misinterpretation. Serial numbers can be provided if a buyer wants to conducts his/her own independent investigation . ***************************************************