1120 Mahogany Way 201, Delray Beach, FL 33445 (MLS# R10787863)

Supplements: Welcome to the Pines of Delray! The Pines of Delray Association is a vibrant 55+ condominium community of 684 units spread out in 114 buildings. Built by Melrose Development Company in 13 phases from 1974 - 1979, the Pines of Delray sits on 74 acres within the city limits of Delray Beach. At the peak of the winter season it is estimated that th ... (Read more) Welcome to the Pines of Delray! The Pines of Delray Association is a vibrant 55+ condominium community of 684 units spread out in 114 buildings. Built by Melrose Development Company in 13 phases from 1974 - 1979, the Pines of Delray sits on 74 acres within the city limits of Delray Beach. At the peak of the winter season it is estimated that there are around 1,000 residents. The Pines of Delray is only a 2.5 mile drive on Linton Blvd to the Atlantic Ocean & beach parking. And on your drive to the beach you'll pass stores such as Home Depot, Target, Starbucks, Whole Foods Market, Fresh Market, Publix, Trader Joes, Outback Steak House, a UPS store and numerous independent and franchised vendors. And the Pines of Delray is also only a 3.5 mile drive to the re-known "downtown" Delray Beach -with its 80+ restaurants , taverns and coffee shops. People at the Pines of Delray are very friendly, there are lots of things to do, and the grounds look great. There are also a multitude of clubs, organization and card groups you can join. As a unit owner you are entitled to full usage of two clubhouses, two heated pools, 2 exercise rooms, putting green, billiard tables and bocce ball & pickleball courts. And for your peace of mind there is a professional security patrol from 6PM - 8PM every day. And if you like to walk at night, the city-maintained roads have 48 street lights. Included in your monthly condo fee of $425 are fully funded reserves, building insurance, on-site professional management, water & sewer, fiber optic cable, high definition cable service with HBO, in-unit WIFI, exterior painting, roof repair-maintenance-replacement. Sorry, but positively no pets are allowed except for up to 2 indoor cats, quiet caged birds and aquarium fish. There is also no smoking/vaping allowed on the catwalks, front door stoops, stairwells or within 50 feet of a building. Lastly, the condominium documents prohibit corporate ownership (including no LLCs). And UNLIKE some nearby condominiums: *There are no special assessments in effect or pending. *There is no pending litigation. *There is no new owner capital contribution fee (which is illegal for Florida condo associations to charge anyway, but some still do!) *There is no recreational lease or land lease. The association owns both clubhouses, all recreation areas and the ground beneath. You are not charged a monthly rec fee. *Water is included in your monthly condo fee--you do not receive a monthly water bill. *Fiber optic cable, HBO, high definition service and in-unit WIFI is included in your monthly condo fee and you do not receive a monthly cable & internet bill.(unless you upgrade) *The association does not borrow money from any banks for operating expenses. So you'll not see any pay back of interest on bank loans as an expense in the annual budget. *There are no restricted times or days as to when your guests can use the clubhouses, pools and activity courts--NOT even during any holiday periods! *There are fully funded reserves in the budget for items such as replacement of roofs, exterior painting of buildings and paving of the parking areas. *The city of Delray Beach maintains all the streets in the community- thereby saving the condo association a major expense. *And you are not charged a supplemental fee for security services---as is the case in some other condos. As a buyer, you should be given the following condominium documents: 1. Amended and restated Declaration of Condominium (2015) 2. Amended and restated Articles of Incorporation (2015) 3. Amended and restated By-Laws (2015) [Note: there have been no amendments to the above 3] 4. Most recent "Rules & Regulations" Booklet (2015 edition) 5. Approved condominium budget (for 2022) 6. Most recently published year-end financial statement 7. Most recently published year-end audit 8. Frequently asked questions and answers sheet (2022) 9. Most recent corporate annual report 10. Florida DPR's Condominium Governance Booklet (2021 version) IMPORTANT: None of the above information is guaranteed as 100% accurate. It is subject to inadvertent error, omission, miscalculation or misinterpretation. Also, condo rules, regulations and services included are subject to change by condominium association vote, the Board of Directors decision or Florida Statute.