7331 W Mercada Way, Delray Beach, FL 33446 (MLS# R10860230)

7331 W Mercada Way, Delray Beach, FL 33446

$500,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,375 Status: Closed
Current Price: $500,000 List Date: 1/22/2023 Last Modified: 7/01/2026

Overview

Description

Welcome to this single-family home located in the desirable Valencia Falls community in Delray Beach. This 55+ community offers a wide range of amenities including a 25,000 sq ft clubhouse, resort-style pool, tennis & pickleball courts, bocce ball, cafe/restaurant, & grand social hall. This one-level home boasts 3 bedrooms, 2 bathrooms & a split floor plan, with bedroom 3 currently set up as a den. The property has a prime long lake views from the screened patio, providing the perfect spot to relax & take in the natural beauty of the area. The home features a new AC & hot water heater (2017), accordion shutters for storm protection. This property is perfect for retirees looking for an active lifestyle in a picturesque setting, with all the amenities of a luxury resort at their fingertip

Listing Details MLS# R10860230

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
2375
Building Area Source
Public Records
Living Area Main
1835
Year Built
2003
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
Yes
Lot Size Area
4557
Lot Size Acres
0.1
Senior Community YN
Yes
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
Yes
Stories
Yes
Direction Faces
West
Pool Private YN
No
Furnished
Partially

Property Features

Association Fee Includes: Cable TV; Common Areas; Maintenance Grounds; Recreation Facility; Security Dining Area: Breakfast Area; Formal Dining Electric: Three Phase Flooring: Carpet Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central; Electric Interior Features: Cathedral Ceiling(s); Pantry; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; Pet Restrictions Possible; Number Limit Possession: Close Of Escrow; Negotiable Restrictions: Lease Restrictions; Parking - No Commercial Vehicles; Parking Restrictions Other Leasing Restrictions: Tenant Approval Roof: Spanish Tile Security Features: Gated with Guard; Security System Owned Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Source: Public Water View: Lake Waterfront Features: Lake Front Window Features: Blinds; Drapes; Plantation Shutters Showing Requirements: Combination Lock Box; Schedule Online Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Screened Contingencies: Financing Room Types: Bedroom 2; Den; Kitchen; Laundry; Living Room; Master Bedroom Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
595000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
7331
Street Direction Prefix
W
Street Name
Mercada
Street Suffix
Way
City Name
Delray Beach
State Or Province
FL
Postal Code
33446
Postal Zip
33446
Subdivision Name
VALENCIA FALLS
Development Name
VALENCIA FALLS
Area
4630
Geographic Area
PB09
Elementary School
Hagen Road
Middle Or Junior School
Carver Community
High School
Spanish River
Special Assessment YN
No
Parcel Number
00424609200004340
Zoning
PUD
Directions
ATLANTIC AVE TO HAGEN RANCH, HEAD NORTH COMMUNITY ON THE EAST SIDE. Go Left once in Valencia Falls

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
646.33
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Association Phone
561-637-9571
Association Website
WWW.VALENCIAFALLS.ORG
Membership Fee Required YN
No
Tax Annual Amount
4223.86
Tax Year
2022
Tax Legal Description
VALENCIA FALLS PL 4 LT 434

Status Change Information

Major Change Timestamp
2023-03-15T16:39:46Z
Major Change Type
Status Change
Price Change Timestamp
2023-02-08T16:25:56Z
Status Change Date
2023-03-15
Under Contract Date
2023-02-11
Close Date
2023-03-15
Close Price
500000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
350

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
Yes
Capital Contributions Amount
1938

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
3

Leasing Restrictions

Leasing - Minimum Number of Days
210

Storm Protection

Accordian Shutters
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Den Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main
Bedroom 2
Yes
Den
Yes
Kitchen
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
272.47
Original List Price To Close Price
1.19

Originating Details

Originating System Key
20230118155737208296000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Basketball Court
Yes
Billiard Room
Yes
Bocce Ball
Yes
Cafe/Restaurant
Yes
Clubhouse
Yes
Fitness Center
Yes
Internet Included
Yes
Manager On Site
Yes
Pickleball Court(s)
Yes
Playground
Yes
Pool
Yes
Putting Green
Yes
Sauna
Yes
Shuffleboard Court
Yes
Sidewalks
Yes
Spa/Hot Tub
Yes
Tennis Court(s)
Yes

Association Fee Includes

Cable TV
Yes
Common Areas
Yes
Maintenance Grounds
Yes
Recreation Facility
Yes
Security
Yes

Dining Area

Breakfast Area
Yes
Formal Dining
Yes

Electric

Three Phase
Yes

Flooring

Carpet
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Property Condition

Resale
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
Electric
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water View

Lake
Yes

Window Features

Blinds
Yes
Drapes
Yes
Plantation Shutters
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

CBS
Yes

Interior Features

Cathedral Ceiling(s)
Yes
Pantry
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet(s)
Yes

Laundry Features

Inside
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Spanish Tile
Yes

Security Features

Gated with Guard
Yes
Security System Owned
Yes

Water Source

Public
Yes

Waterfront Features

Lake Front
Yes

Water Heater Details

Electric Water Heater
Yes

Cooling

Central Air
Yes

Association Type

Homeowner Association
Yes

Showing Requirements

Combination Lock Box
Yes
Schedule Online
Yes

Master Bedroom/Bath

Dual Sinks
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Breed Restrictions
Yes
Pet Restrictions Possible
Yes
Number Limit
Yes

Restrictions

Lease Restrictions
Yes
Parking - No Commercial Vehicles
Yes
Parking Restrictions
Yes

Other Leasing Restrictions

Tenant Approval
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Covered
Yes
Patio - Screened
Yes

Contingencies

Financing
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes

Room Information

Room Name Length Width Level
Living Room 14.50 14.50 Main
Kitchen 14.50 12.50 Main
Master Bedroom 14.60 23.00 Main
Bedroom 2 15.40 11.80
Den 13.20 10.20 Main
Laundry

Documents

Listing Office: Compass Florida LLC
Last Updated: July - 01 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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