Silver Terrace Delray
Homes for Sale in Delray Beach, FL

Silver Terrace Delray is a residential enclave in Delray Beach with no community amenities infrastructure, where $785,000 median pricing reflects the city's broader appeal rather than on-site recreation or master planning.

BeachesMLS sales records identify 26 homes in Silver Terrace Delray that have changed hands since 2010, built between 1942 and 2025 (median 2004), with a median living area of about 1,275 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Silver Terrace Delray is too small for its own price trend, so here is the market around it.

In ZIP 33483, 267 homes are on the market and 21% are under contract — a steady corner of Delray Beach.

Across Palm Beach County, 10,960 homes are active and 2,777 pending (20% under contract).

In ZIP 33483 (Delray Beach), 23 homes closed in the last 12 months at a median of $2.25M ($965/sq ft), with a median 153 days on market. Right now 6 active listings put supply at about 3.1 months — a soft market. See the live ZIP 33483 housing market and the Palm Beach County market.

ZIP and county figures describe the wider market, not Silver Terrace Delray specifically. Momentum Research analysis of MLS records.

The $785,000 median and $497.73 per-square-foot pricing in Silver Terrace Delray are best understood as Delray Beach access fees. You are not paying for a clubhouse, pool, or gatehouse—none have been identified in current listings. Instead, the valuation hinges on proximity to Atlantic Avenue's dining and retail corridor, beach access within a short drive, and the broader desirability of a coastal Palm Beach County address.

With only three closings in the measurement window and a 68-day median absorption period, this is a market where patience outlasts urgency. Homes that show well and price accurately will transact, but there is no feeding frenzy. Buyers have time to inspect, negotiate repairs, and walk away if the value proposition does not align. Sellers, conversely, need realistic pricing from day one—inventory moves when it is priced to condition and location, not to aspiration.

The lack of community amenities means resale value will always track the broader Delray Beach market and the individual home's condition, not the prestige of a community brand. If you need resort-style living on-site, this is the wrong search. If you want a Delray Beach address and plan to use the city as your amenity, the model works—but only if the home itself justifies the per-square-foot cost.

Silver Terrace Delray rewards local insight and forensic pricing analysis. Our team knows which blocks justify the premium and which homes are overpriced relative to comparable sales in adjacent neighborhoods. We will walk the property with you, flag deferred maintenance before you make an offer, and negotiate from a position of data—not hype. In a market this thin, having an agent who will tell you when to wait is worth more than one who will tell you to bid.