Favale Estates in Delray Beach

Favale Estates
Homes for Sale in Delray Beach, FL

All 1,473 homes for sale in Delray Beach, FL · median $285,000 · 154 homes for sale in 33483 · Palm Beach County homes for sale

Community in Delray Beach · Palm Beach County · ZIP 33483
7 homesBuilt 1987–1997
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Photo via Beaches MLS

Built fromLive Beaches MLS data6 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, the MLS records 3 closed sales in Favale Estates in Delray Beach, FL since 2020, the most recent in July 2026. Across Delray Beach as a whole, 1,411 homes closed in the last 12 months at a median of $359,500, 58 median days on market, with 472 homes for sale today. At that median and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $6,730 ($5,960 with the full homestead exemption).

Favale Estates key facts
LocationDelray Beach, Palm Beach County, FL · ZIP 33483
Homes in the community7 (FL DOR 2025 assessment roll)
Years built1987–1997 (median 1990)
Typical living area1,929 sq ft (median)
Amenities listed by sellersCarbon Monoxide Detector(s), Motion Detector(s)
For sale right now0 active, 0 pending
Owner-occupied (homestead) share25%

Data as of September 20, 2026. 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Favale Estates key facts,” movewithmomentum.com/neighborhoods/favale-estates, data as of September 20, 2026.

Live · Favale Estates Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
25%
Owner-occupied · Favale Estates
2 of 8 parcels homesteaded (FL DOR 2025)
75%
Non-owner-occupied · Favale Estates
incl. 25% trust or LLC-held · 100% out-of-state
7
Homes in the community
plus 1 vacant residential lots · 8 residential parcels (FL DOR 2025)
Track record · 6 years of records
Est. 1987
Community established
homes built 1987-1997, median 1990 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Favale Estates is a small enclave in Delray Beach, and the current MLS snapshot is thin — no community amenities surface from active listings, and there is no reliable median to anchor a price conversation as of mid-2026. That means price here is driven by the individual home, not by a shared amenity package or an HOA lifestyle premium. Condition, lot, and how recently a property has been updated will do most of the work on value.

For a buyer, a quiet feed like this rewards patience: inventory turns over infrequently, so when something lists, you evaluate it on its own merits rather than against a deep set of comparable sales. For a seller, the flip side is that pricing leans on broader Delray Beach and Palm Beach County activity plus your home's specific story, since the immediate community offers little in the way of standardized comps.

Nearby homes for sale

No active listings inside Favale EstatesHomes for Sale in Delray Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

207 Tropic Isle Drive #1130
$284K · 0.0 mi away
2 bd · 1.5 ba · 841 sqft
207 Tropic Isle Drive #1130
Listed by Campbell&Rosemurgy Real Estate
207 Tropic Isle Drive #215
$310K · 0.0 mi away
2 bd · 1.5 ba · 841 sqft
207 Tropic Isle Drive #215
Listed by LoKation
207 Tropic Isle Drive #208
$260K · 0.0 mi away
2 bd · 1.5 ba · 841 sqft
207 Tropic Isle Drive #208
Listed by Coldwell Banker Realty
3401 Spanish Trail #454
$365K · 0.1 mi away
2 bd · 2 ba · 1,000 sqft
3401 Spanish Trail #454
Listed by Marie L Occhigrossi
3401 Spanish Trail #151
$278K · 0.1 mi away
2 bd · 2 ba · 1,175 sqft
3401 Spanish Trail #151
Listed by RE/MAX Direct
3401 W Spanish Trail #455
$255K · 0.1 mi away
2 bd · 2 ba · 1,187 sqft
3401 W Spanish Trail #455
Listed by Engel & Voelkers Delray Beach

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Favale Estates is a small residential pocket within Delray Beach in Palm Beach County; with no community amenities identified from current listings, the appeal here is location and the individual home rather than shared facilities.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers set on a Delray Beach location who care more about the individual property than a shared amenity package
  • Patient buyers comfortable waiting for the right listing in a low-turnover pocket
  • Buyers willing to fund updates or renovation and price by condition rather than by a headline figure

Probably not for

  • Buyers who want resort-style community amenities as part of the purchase
  • Buyers who need a deep pool of recent comparable sales to feel comfortable on price
  • Buyers on a strict timeline who cannot wait out limited inventory

The market around Favale Estates

Favale Estates is too small for its own price trend, so here is the market around it.

In ZIP 33483, 209 homes are on the market and 22% are under contract — a steady corner of Delray Beach.

Across Palm Beach County, 10,140 homes are active and 3,201 pending (24% under contract).

In ZIP 33483 (Delray Beach), 347 homes closed in the last 12 months at a median of $721K ($501/sq ft), up 13.8% year over year, with a median 77 days on market. Right now 85 active and 23 pending listings put supply at about 4.7 months — a buyer's market. See the live ZIP 33483 housing market and the Palm Beach County market.

ZIP and county figures describe the wider market, not Favale Estates specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Favale Estates, Delray Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 14 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-20)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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. Deemed reliable but not guaranteed.

If we were buying in Favale Estates today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Favale Estates.

Best Buy
Buyers who want a Delray Beach address and will judge a home on its own merits.
Biggest Risk
Thin comps make valuation harder and lean on the wider county market.
Sweet Spot
A well-updated home on a lot you like, bought after real diligence.
Avoid If
You need community amenities or a deep set of comparable sales to feel confident.

A home-by-home market

The defining feature of Favale Estates right now is what the data does not show. No amenities register from current MLS listings, and the active picture is limited enough that you should not expect a clean, formula-driven valuation. This is a place where two homes on the same street can price very differently based on updates, layout, and condition.

Practically, that puts more weight on due diligence than on community reputation. You are buying into Delray Beach and its wider Palm Beach County market as much as into a named subdivision, so weigh proximity to the coast, daily-drive routes, and the specific parcel over any assumption about a shared community standard.

“

The location and the amenities are priced into every listing in Favale Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin-inventory pockets like Favale Estates are exactly where a local desk earns its keep. With no amenity story and limited active comps, we price and negotiate off condition, lot, and the broader Delray Beach market rather than a headline number — and we will tell you plainly when a given listing is not worth what it is asking.

Favale Estates in 15 seconds.

Best forBuyers who want a Delray Beach address and will judge a home on its own merits.
Biggest advantageA quiet, low-turnover pocket where you are not fighting a crowded amenity-driven market.
Biggest riskThin comps make valuation harder and lean on the wider county market.
Sweet spotA well-updated home on a lot you like, bought after real diligence.
Avoid ifYou need community amenities or a deep set of comparable sales to feel confident.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Favale Estates homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Favale Estates.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Favale Estates sales matched to your home.

What is your Favale Estates home worth?

Get a no-obligation home value based on real comparable sales in Favale Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Delray Beach →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Favale Estates?
The Florida DOR 2025 assessment roll shows 7 homes plus 1 vacant residential lots in Favale Estates (public records).
What share of Favale Estates is owner-occupied?
25% of Favale Estates parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Favale Estates built?
Homes in Favale Estates were built between 1987 and 1997, with a median year built of 1990 (FL DOR 2025 roll).
Who is the best real estate agent for Favale Estates?
The best agent for Favale Estates is one who actively works Delray Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Favale Estates.
How do I find a top Delray Beach real estate agent who knows Favale Estates?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Favale Estates and the wider Delray Beach area.
Can Momentum Realty connect me with an agent for Favale Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Favale Estates purchase or sale - no call center and no pressure.
Where is Favale Estates, and what county is it in?
Favale Estates is in Delray Beach, Palm Beach County, FL, ZIP 33483. The community's center is about 3 miles south of the center of Delray Beach (straight-line).
Buyers set on a Delray Beach location who care more about the individual property than a shared amenity packageExcellent fit
Patient buyers comfortable waiting for the right listing in a low-turnover pocketExcellent fit
Buyers willing to fund updates or renovation and price by condition rather than by a headline figureExcellent fit
Buyers who want resort-style community amenities as part of the purchaseProbably not
Buyers who need a deep pool of recent comparable sales to feel comfortable on priceProbably not
Buyers on a strict timeline who cannot wait out limited inventoryProbably not

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 26, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33483))
Under-contract sharesBeaches MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2020 (3 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Favale Estates with Momentum Realty’s local guides.

THTropic Harbor0.1 mi away · median $405K, 4 sales/12 moTHTropic Harbor Condo0.1 mi awayTHTropic Harbor Condo0.1 mi awayTHTropic Harbor Condo0.1 mi awayTHTropic Harbor Condo0.1 mi awayTVTropic View Condo0.1 mi away · 2 for saleBIBoca Isle Condo0.1 mi away · 2 for salePHPelican Harbor0.2 mi away · median $1.10M, 10 sales/12 mo

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