Waterways at Delray in Delray Beach

Waterways at Delray Homes for Sale in Delray Beach, FL

Delray Beach · Palm Beach County

A gated single-family and townhome community in west Delray Beach, lakes and a clubhouse minutes from the Turnpike and downtown.

Gated communityClubhouse and poolWest Delray
Live Market Pulse
53/100
Momentum
Buyer-Leaning Market (limited data)
Tight supply keeps sellers in control, but dated interiors still trade at a discount, so condition is where buyers win.
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Unlock Off-Market Waterways at Delray

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive BeachesMLS data14 years of closingsLocal renovation analysisUpdated twice daily
LiveMarket PulseBeachesMLS
$384K
Median Price
3mo
Supply
66days
Avg DOM
Soft
Seller Leverage
$277/sf
Median $/Sqft
-6%
1-Yr Price Change
0now
Distress
Jon Brooks, founder of Momentum Realty
Jon's Current Read

"Waterways at Delray is a gated community of single-family homes and townhomes in west Delray Beach, set around lakes with a clubhouse, pool, tennis, and a dog run. It is a condition-and-position buy where the home's updates, a lake-view lot, and whether you want single-family or townhome drive value far more than any headline number. The read is to confirm the HOA dues and what they cover, weigh lake-view and townhome positions, and comp within the community by home type. This profile reflects the community's general character; confirm the specifics for a given home, because the gated, amenity-served location minutes from the Turnpike and downtown Delray is the durable draw."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Waterways at Delray market snapshot (as of June 15, 2026): the median sale price is about $384K ($277 per sq ft), with homes averaging 66 days on market and 3.0 months of supply, a buyer-leaning market (limited data). Based on 8 recent closings in live BeachesMLS data.

Waterways at Delray is a gated community in west Delray Beach, Palm Beach County (ZIP 33446), near Atlantic Avenue and the Florida Turnpike.

Reporting describes a mix of single-family homes and townhomes, many of midsize scale and reasonably priced, with several offering scenic lake views. The community is open to all ages. Confirm the exact home type, size, and configuration for a specific property.

Amenities reported include a clubhouse, exercise room, swimming pool, tennis court, and a dog run, set among lakes and landscaped, tree-lined streets. There is a homeowners association; confirm the current dues and what they cover for the specific home.

The location is convenient, reported as roughly 6 miles to downtown Delray and 7 miles to the beach, and minutes from the Turnpike, U.S. 441, and I-95. Value turns on the home's condition, the lake position, and the home type; this guide reflects the community's general character, so confirm the details for a specific home.

Best for

  • Buyers who want a gated single-family home or townhome in west Delray Beach
  • Buyers who value a clubhouse, pool, tennis, and a lake setting
  • Buyers who want a convenient location near the Turnpike and downtown Delray
  • Buyers comfortable confirming the home type and comping within the community

Probably not for

  • Buyers who want a large lot, acreage, or waterfront on the ocean or Intracoastal
  • Buyers who want a 55-plus, age-restricted community
  • Buyers who want new construction or a high-profile luxury address
  • Buyers unwilling to confirm the HOA dues and the home's condition

How Waterways at Delray is performing right now

53/100
momentum
Buyer-Leaning Market (limited data)
Seller's marketBalancedBuyer's market
3Months of supplytight
66Median days on marketdays
0 : 2Under contract vs for salestrong demand
8Sold in last 12 monthsliquidity
+127%Median price since 2012appreciation
+14%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from BeachesMLS, as of June 15, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Waterways at Delray listings and the trailing twelve months of closed sales.

8.6A- score
Momentum intelligence
Momentum buy score

Our proprietary read on how a home in Waterways at Delray buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Waterways at Delray

Live MLS inventory for Waterways at Delray. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Waterways at Delray listings as of 2026-06-15, priced high to low. 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.. Tap any home to ask about it.

Listing locations from BeachesMLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The takeaway

The location is the everyday-convenience case: shopping, schools, and the major roads are all a manageable drive.

Florida's Turnpike (Atlantic Avenue)~3 to 6 min · approximate, varies with traffic
Downtown Delray Beach and Atlantic Avenue~12 to 18 min · ~6 miles east
Delray Beach (Atlantic Ocean)~15 to 20 min · ~7 miles east
U.S. 441 and area shopping~5 to 10 min · west Delray
I-95~12 to 18 min · north-south interstate
Palm Beach International (PBI)~30 to 35 min · north

Distances and drive times are approximate and vary with traffic. Confirm your real commute at your real departure time.

Nearby Communities

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Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr
Waterways at Delray (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take
  • Palm Beach County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Confirm current ratings before relying on them
  • Private and parochial options nearby

Waterways at Delray is served by Palm Beach County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Waterways at Delray address.

The takeaway

What is actually shaping value at Waterways at Delray, sourced and dated. We do not publish rumor.

Recent Developments in Waterways at Delray

Our read on what is being built around Waterways at Delray, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is steady demand for gated, amenity-served homes in west Delray Beach, where condition, a lake-view lot, and the home type drive value. The watch items are the HOA dues, the split between single-family and townhomes, and the condition of the stock.

Gated, amenity-served community

BullishA gated setting with a clubhouse, pool, tennis, and a lake layout supports steady demand and is the community's durable draw. impact
SignificanceRadius: Community

Gated, amenity-served community

Convenient west Delray location

BullishProximity to the Turnpike, U.S. 441, I-95, and downtown Delray supports the community's convenience. impact
SignificanceRadius: Area

Convenient west Delray location

Mixed single-family and townhome stock

NeutralA mix of single-family homes and townhomes means condition, the home type, and the lake position vary; confirm for the specific home. impact
SignificanceRadius: Community

Mixed single-family and townhome stock

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Waterways at Delray, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

  1. Established community
    Overview

    Waterways at Delray as a gated west Delray community

    Available data describes Waterways at Delray as a gated community of single-family homes and townhomes in west Delray Beach near Atlantic Avenue and the Turnpike, with a clubhouse, pool, tennis, a dog run, and lakes, open to all ages. Why it matters: This reflects the community's general character; confirm the home type, the HOA dues, the lake position, the condition, and the school zoning for a specific home. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Waterways at Delray, this is the order of operations we would run, and the one we run for our clients.

1

Confirm the home type and HOA dues. Verify whether a property is single-family or townhome, the current dues, what they cover, and any reserves or assessments.

2

Read the home's condition. Confirm the roof, systems, and any updates, and budget accordingly.

3

Weigh the lake position. A lake-view lot drives value over an interior one; confirm the view and the lot for a specific home.

4

Comp within the community by home type. Price single-family against single-family and townhome against townhome, not a Delray-wide average.

5

Verify the school zoning by address. Confirm the exact assignment with the School District of Palm Beach County for a specific home.

Best Buy
An updated home or townhome on a lake-view lot, priced to comparable Waterways at Delray sales by home type.
Biggest Risk
Underbudgeting renovation, or comparing a townhome to a single-family home instead of like to like.
Best Lot
Lake-view positions hold value over interior ones; single-family and townhome trade differently.
Smart Timing
Demand is steady for the gated location and amenities; condition and position matter more than timing.
The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Waterways at Delray is a gated community of single-family homes and townhomes in west Delray Beach near Atlantic Avenue and the Florida Turnpike, set among lakes with a clubhouse, exercise room, swimming pool, tennis court, and a dog run, open to all ages and reported as roughly 6 miles to downtown Delray and 7 miles to the beach. This guide reflects the community's general character; value turns on the home's condition, the home type, and the lake position, so confirm the HOA dues, the condition, flood considerations, and the school assignment by address for a specific home before relying on them.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Entry: townhomes and original homes
$330K to $370K

Townhomes and older or less-updated homes, the more attainable way in. The cost to update drives value.

Lowest entry
Core: updated homes
$370K to $430K

Renovated single-family homes and townhomes with newer kitchens, baths, and systems, the heart of the community.

Most inventory
High: lake-view updated homes
$430K to $470K

Larger or fully updated homes on lake-view lots, the top of the local range. The view and move-in condition drive the premium.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

$330K to $370K
Entry: townhomes and original homes
Townhomes and older or less-updated homes, the more attainable way in. The cost to update drives value.
$370K to $430K
Core: updated homes
Renovated single-family homes and townhomes with newer kitchens, baths, and systems, the heart of the community.
$430K to $470K
High: lake-view updated homes
Larger or fully updated homes on lake-view lots, the top of the local range. The view and move-in condition drive the premium.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

15-Second Take
  • Renovation math decides the deal
  • Better lots and views resell strongest
  • Roof and HVAC age drive the insurance quote
  • Interior lots are where buyers overpay
Jon Brooks, Momentum Realty
Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

No CDD on the tax billStrong
Central Delray Beach locationStrong
Scarce golf and lake homesitesStrong
$30M club reinvestment to 2028Positive
All-resale 1990s conditionManage it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Jon Brooks, Momentum Realty
Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Waterways at Delray

15-Second Take
  • Calling the listing agent (who works for the seller)
  • Misjudging the renovation budget
  • Overpaying for an interior lot
  • Underbudgeting the carrying costs
  • Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

The gated, amenity-served west Delray location is the draw. The deal is won or lost on the condition, the home type, and the lake view.

Jon Brooks · Founder, Momentum Realty
7.6B · Buy Score
Resale Strength7.7/10
Renovation Risk5.6/10
Location Efficiency8.4/10
Long-Term Defensibility7.6/10
Carrying Cost Advantage7.6/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Why our read on Waterways at Delray is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live BeachesMLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live BeachesMLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates
Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

Which Lots & Views Hold Value Best

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)
$261 value$401 premium
Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from BeachesMLS; for orientation, not an appraisal.

15-Second Take
  • Lake-view lots hold value over interior ones
  • Single-family and townhomes trade differently
  • Condition is the biggest swing within each type
  • The gated, amenity-served location is the draw
  • Comp by home type and confirm specifics

At Waterways at Delray the value drivers are the home's condition, the home type, and the lake position, in a gated, amenity-served west Delray community. Lake-view lots hold value over interior ones, and single-family homes and townhomes trade on different comps. Confirm the home type, the HOA dues, and any flood considerations for the specific home, and compare against the closest comparable of the same type rather than a Delray-wide average.

Waterways at Delray in 15 seconds.

Best forBuyers who want a gated single-family home or townhome in west Delray Beach with a clubhouse and pool.
Strong onA gated setting, a clubhouse, pool and tennis, a lake layout, and a convenient location near the Turnpike and downtown Delray.
WatchThe HOA dues, the split between single-family and townhomes, and the condition and lake position of the home.
Not forBuyers who want acreage, ocean or Intracoastal waterfront, a 55-plus community, or new construction.
The edgeAn updated, lake-view home in a gated, amenity-served west Delray community is a durable value when condition checks out.

HOA, CDD & Fees

15-Second Take
  • Gated single-family and townhome community
  • Clubhouse, pool, tennis, and dog run
  • Lakes and landscaped streets
  • Confirm the home type and HOA dues
  • Minutes from the Turnpike and downtown Delray

Waterways at Delray is a gated community with a homeowners association supporting the clubhouse, pool, tennis, dog run, and grounds. Confirm the current dues, what they cover, and any reserves or special assessments for the specific home and home type.

Typically gated access, common-area and amenity upkeep, and management; for townhomes the dues may cover additional building items. Confirm the exact inclusions and dues for a specific home.

Reported amenities include a clubhouse, exercise room, swimming pool, tennis court, and a dog run, set among lakes. Confirm the current amenities and any rules for a particular home.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Momentum listings (YTD)
97.98%
Sold-to-list ratio across our market for our agents, sellers keeping more of their price.
Market average (YTD)
96.73%
The broader metro average sold-to-list ratio over the same period.
Momentum days on market
64 days
Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.
Market days on market
72 days
The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Waterways at Delray, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Waterways at Delray, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Waterways at Delray home worth?

Get a no-obligation home value based on real comparable sales in Waterways at Delray matched to your condition, lot, and view, 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 homes for sale in Waterways at Delray on the map →
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Real comps, not a Zestimate.

Waterways at Delray Market Scorecard

Buyer-Leaning Market (limited data)

Waterways at Delray is currently a buyer-leaning market (limited data). About 3.0 months of supply, a median asking price of $432,500, and homes go under contract in about 66.5 days.

3.0
Months supply
$432,500
Median list
$384,400
Median sold
$277
Per sqft
66.5
Days on mkt
2/0/8
Active/Pend/Sold

Typical home value in the 33446 ZIP is $333,445, about 10.4% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: BeachesMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is Waterways at Delray a gated community?
Yes. Reporting describes it as a gated community of single-family homes and townhomes in west Delray Beach. Confirm access and any rules for a specific home.
What kinds of homes are at Waterways at Delray?
A mix of single-family homes and townhomes, many of midsize scale, several with lake views. Confirm the exact home type and configuration for a specific property.
Is Waterways at Delray a 55-plus community?
Reporting describes it as open to all ages. Confirm the community's status and any rules for a specific home before relying on them.
What amenities does Waterways at Delray have?
Reported amenities include a clubhouse, exercise room, swimming pool, tennis court, and a dog run, set among lakes. Confirm the current amenities and the dues that support them.
Does Waterways at Delray have an HOA?
Yes. There is a homeowners association supporting the gated access and amenities. Confirm the current dues, what they cover, and any assessments before buying.
How far is Waterways at Delray from the beach and downtown?
Reporting puts it at roughly 6 miles to downtown Delray and 7 miles to the beach, with the Turnpike, U.S. 441, and I-95 minutes away.
Is there a CDD fee?
Confirm whether any CDD, HOA, or special assessment applies to a specific parcel as a matter of course.
What schools serve Waterways at Delray?
The community is part of the School District of Palm Beach County. Assignment is by address and changes periodically, so confirm the exact zoned schools for a specific home with the district.
Should I worry about home condition?
Read it closely. Confirm the roof, systems, and any updates and budget accordingly, especially when comparing a townhome to a single-family home.
Is Waterways at Delray a good investment?
A gated, amenity-served community in a convenient west Delray location supports steady demand, with value turning on condition, the home type, and the lake position. This is not a guarantee of future value.
Should I use the listing agent to buy here?
No. The listing agent works for the seller. Because condition and the home type drive value, having your own representation to read the home and the comps is the highest-leverage decision you make.
What is the area like?
It is a gated, amenity-served community of single-family homes and townhomes in west Delray Beach, convenient to the Turnpike, shopping, downtown Delray, and the beach.
You want a gated single-family home or townhome in west Delray BeachExcellent fit
You value a clubhouse, pool, tennis, and a lake settingExcellent fit
You want a convenient location near the Turnpike and downtown DelrayExcellent fit
You are comfortable confirming the home type and comping within the communityExcellent fit
You will confirm the HOA dues and the home's specificsExcellent fit
You want a large lot, acreage, or ocean or Intracoastal waterfrontProbably not
You want a 55-plus, age-restricted communityProbably not
You want new construction or a high-profile luxury addressProbably not
You are unwilling to confirm the HOA dues and the home's conditionProbably not
You want a maintenance-free, no-HOA arrangementProbably not

Get the inside read on Waterways at Delray

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Waterways at Delray home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

We respond personally, usually the same day.

You are all set.

A Momentum Realty Waterways at Delray specialist will reach out personally, usually the same day.

BeachesMLS logo
Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Source: Listing photos provided by BeachesMLS, Inc. Information deemed reliable but not guaranteed.

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