15165 Michelangelo Boulevard 108, Delray Beach, FL 33446

$3,400,000

Virtual Tour

https://www.propertypanorama.com/15165-Michelangelo-Boulevard-108-Delray-Beach-FL-33446--RX-11150015/unbranded

Property Type: Residential Income Square Footage: 1,323 Status: Active

Current Price: $3,400,000 List Date: 12/28/2025 Last Modified: 4/09/2026

Overview

Description

Welcome to Murano of Delray Beach. Discover an exceptional investment opportunity in central Delray, tailored to meet your investment goals. This bundle is made up of (10) three-bedroom condos. Featuring 2 and 3-bedroom units with the opportunity to customize packages that suit your investment needs. Packages of 3, 4, and 5 units available of fully leased condos. Murano of Delray Beach offers a gateway to a prosperous and diversified investment portfolio in south Florida's vibrant Delray Beach. Don't miss the chance to secure your future in this thriving market. Our model unit is available to tour today! With low HOA fees, fully funded reserves and resort style amenities, Murano offers a unique opportunity you won't want to miss.

Listing Details MLS# R11150015

General Property Information

Property Sub Type: Duplex
Building Area Main: 1323
Building Area Source: Public Records
Living Area Main: 1238
Year Built: 2001
Gated Community YN: Yes
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No

Property Features

Association Amenities: Clubhouse; Fitness Center; Manager On Site; Pool; Sidewalks; Tennis Court(s) Association Fee Includes: Common Real Estate Tax; Insurance Documents Available: Copy Of Lease(s) Electric: Three Phase Flooring: Carpet; Laminate; Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required; Lease Restrictions; Lease OK Roof: Barrel Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Text Listing Agent; See Remarks Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Acreage Description: 4 To Less Than 5 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3400000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 15165
Street Name: Michelangelo
Street Suffix: Boulevard
Unit Number: 108
City Name: Delray Beach
State Or Province: FL
Postal Code: 33446
Postal Zip: 33446
Subdivision Name: MURANO AT DELRAY BEACH CONDO
Area: 4640
Geographic Area: PB09
Parcel Number: 00424621330171080
Zoning: PUD

Financial Information

Association YN: Yes
Association Fee: 398
Association Membership: Mandatory
Application Required YN: Yes
Tax Annual Amount: 4336.5
Tax Year: 2025
Tax Legal Description: MURANO AT DELRAY BEACH CONDOMINIUM UNIT 17-108

Status Change Information

Major Change Timestamp: 2025-12-28T16:38:57Z
Major Change Type: New Listing
Status Change Date: 2025-12-28

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: No

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 91125.2
Gross Income: 285000
Net Operating Income: 193874.8

Storm Protection

Panel Shutters: Complete

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 2375
Baths Full: 2
Furnished: Unfurnished
SqFt: 1238

Unit 2 Details

Actual Rent: 2375
Baths Full: 2
Furnished: Unfurnished
SqFt: 1238

Price Calculations

Current Price To SqFt: 2746.36

Originating Details

Originating System Key: 20251228161800644233000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

Clubhouse: Yes
Fitness Center: Yes
Manager On Site: Yes
Pool: Yes
Sidewalks: Yes
Tennis Court(s): Yes

Association Fee Includes

Common Real Estate Tax: Yes
Insurance: Yes

Electric

Three Phase: Yes

Flooring

Carpet: Yes
Laminate: Yes
Tile: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Barrel: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Text Listing Agent: Yes
See Remarks: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes
Lease OK: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Rooms

Kitchen: Yes

Acreage Description

4 To Less Than 5 Acre Lot: Yes

Listing Office: Coldwell Banker Realty /Delray Beach

Last Updated: April - 09 - 2026

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15165 Michelangelo Boulevard 108, Delray Beach, FL 33446 (MLS# R11150015)