A condominium community west of Delray Beach, Florida
Lakes of Delray, Delray Beach
A gated condominium community of about 1,400 units in 37 buildings on Lakes of Delray Boulevard, including the Watersedge sections, in unincorporated Palm Beach County.
Homes, years and sizes: Palm Beach County property records (2025 tax roll).
Overview
About Lakes of Delray
Lakes of Delray is a gated condominium community of about 1,400 units in 37 buildings, set along Lakes of Delray Boulevard. Amenities include a pool, tennis, walking trails and a fishing lake.
The community is organized in named sections of condominium buildings, Ashland, Pembridge, Trowbridge, Witney and Watersedge, each with its own condominium documents. The Watersedge buildings, built from 1987 to 1991, are the newest.
The community is recorded on more than a dozen Lakes of Delray plats, with two recreation areas on plats of their own. Each condominium has its own documents, so we confirm the building, its association and its reserves for a specific unit.
It sits in unincorporated Palm Beach County with a Delray Beach address in the 33484 ZIP, so the county, not the city, sets the millage, issues permits and provides most services. We confirm it on the property record for a specific home.
At a glance
- Streets
- Lakes of Delray Boulevard, Pembridge Avenue, Pembridge Drive, Witney Drive and the Ashland streets
- Home type
- Condominiums
- Zip code
- 33484
- County
- Palm Beach County
On the market now
Homes for Sale in Lakes of Delray
Listings inside the boundary of Lakes of Delray, newest first, updated through the day from BeachesMLS. Right now 43 condominiums are listed, averaging $202,000.
$179,000
New Listing
15488 Lakes Of Delray Boulevard Delray Beach, Florida
2 Beds 1 Baths 940 SqFt
$145,000
New Listing
15301 PEMBRIDGE Avenue 45 Delray Beach, Florida
2 Beds 2 Baths 1,150 SqFt
$233,000
New Listing
15216 LAKES OF DELRAY Boulevard 154 Delray Beach, Florida
2 Beds 2 Baths 1,100 SqFt
$249,900
New Listing
15216 Lakes Of Delray Boulevard 155 Delray Beach, Florida
2 Beds 2 Baths 1,100 SqFt
$209,900
New Listing
15144 ASHLAND Street 282 Delray Beach, Florida
2 Beds 2 Baths 1,132 SqFt
$199,900
New Listing
15457 LAKES OF DELRAY Boulevard 101 Delray Beach, Florida
2 Beds 2 Baths 1,000 SqFt
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data last updated Wednesday, November 4th, 2026 at 05:35:28 AM.
Closed sales
The Lakes of Delray Market
Closed sales inside the boundary of Lakes of Delray, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
Lakes of Delray recorded 76 closed sales in the twelve months through October 2026. Medians, so one unusual sale does not move them; we break the numbers out by home type for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 76 | 84 | -10% |
| Median sale price | $175,000 | $198,000 | -12% |
| Median price per sq ft | $143 | $163 | -12% |
| Middle 80% of sales | $115,000 to $243,000 | $125,000 to $265,000 | |
| Active listings now | 43 | ||
| Median asking price now | $210,000 | ||
| Months of supply now | 6.8 |
BeachesMLS closed sales inside the boundary of Lakes of Delray, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Lakes of Delray Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Governed by | Chapter 718, Florida Statutes (condominiums) |
|---|
Association Fees From Current Listings
| Association fee, median | $698 a month |
|---|---|
| Typical range | $640 to $795 a month |
| Association or manager named in listings | Lakes Of Delray, Ashland F Condominium Association Inc. |
| Usually covers | Cable TV, Maintenance Grounds, Security, Common Areas, Recreation Facilities, Trash, Internet, Roof |
| Club membership | Not required |
From 40 current and recent BeachesMLS listings in Lakes of Delray, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Condominium and master associations We confirm each association’s budget, reserves and any special assessment for a specific unit.
- Rental rules Leasing limits come from each condominium’s declaration; we confirm them for a specific unit.
- City or county The mailing address is Delray Beach, but the community is in unincorporated Palm Beach County, so county rules apply; we confirm the jurisdiction on the Property Appraiser record for a specific home.
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: leasing, pet and approval rules if they matter to you
- After you sign: the declaration, articles, bylaws, rules, budget and reserves, with the cancellation window Florida law sets once you receive them
- For buildings three stories or taller: milestone inspection and structural integrity reserve study status
- Before closing: the estoppel certificate from the condominium association
Where it sits
Around Lakes of Delray
Places nearby.
Zoned Public Schools
At the center of Lakes of Delray, the School District of Palm Beach County zones Orchard View Elementary (elementary), Carver Middle (middle) and Spanish River High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Elementary
- Orchard View Elementary
Middle
- Carver Middle
High
- Spanish River High
How it came to be
A Short History of Lakes of Delray
- 1987
The oldest Watersedge units on the county roll were completed.
- 1989
The median year built for the Watersedge units.
- 1991
The newest Watersedge units on the county roll were completed.
Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Palm Beach County recorded plats.
The boundary
Lakes of Delray on the Map
Questions
Questions Buyers Ask About Lakes of Delray
What do condominiums in Lakes of Delray cost right now?
Right now 43 condominiums are listed for sale inside Lakes of Delray, at an average asking price of $202,000 (about $181 per square foot), as of November 6, 2026. The market section above shows what condominiums here actually sold for over the past year.
Is Lakes of Delray gated?
Yes. It is a gated condominium community on Lakes of Delray Boulevard.
What occupancy rules apply in Lakes of Delray?
Occupancy and age rules are set by each community’s recorded documents, and we confirm them for the specific home.
What amenities does Lakes of Delray have?
A pool, tennis, walking trails and a fishing lake.
Is Watersedge part of Lakes of Delray?
Yes. The Watersedge sections are condominiums inside Lakes of Delray, built from 1987 to 1991 on the county roll.
Is Lakes of Delray in the city of Delray Beach?
No. It has a Delray Beach mailing address in the 33484 ZIP, but the county parcel records place it in unincorporated Palm Beach County.
What are the sections of Lakes of Delray?
Ashland, Pembridge, Trowbridge, Witney and Watersedge. Each is a group of lettered condominium buildings, such as Pembridge A or Witney B, with its own association.
How many condominiums are in Lakes of Delray, and when were they built?
There are about 1,400 homes in Lakes of Delray.
What are the association fees in Lakes of Delray?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the condominium documents and the estoppel certificate confirm the exact amount for a specific home.
Is Lakes of Delray gated?
Yes. Lakes of Delray is a gated community; we confirm entry arrangements for a specific building.
Which public schools serve Lakes of Delray?
At the center of Lakes of Delray, the School District of Palm Beach County zones Orchard View Elementary (elementary), Carver Middle (middle) and Spanish River High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Keep Exploring
More Delray Beach Neighborhood Guides
Also in Delray Beach
- Bahia at Delray
- Camelot Village
- Crosswinds
- Delray Garden Estates
- Domaine Delray
- Grosvenor House
- Jardin Del Mar
- Las Verdes
- Meridian Delray
- Old School Square Historic Arts District
- Pines of Delray
- Sea Spray Estates
- Sherwood Park
- The Manor House
- Tuscany
- Windemere House
Lakes of Delray · Delray Beach
Let Us Take Care of the Details
Tell us the street or the home in Lakes of Delray. We come back with the listings, the association’s fees and rules, and what similar condominiums sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Palm Beach County property records (2025 tax roll); association records from the Florida Division of Corporations; school zones from the School District of Palm Beach County. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
