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Lakes of Delray

Delray Beach, Florida · Palm Beach County

Legally age-restricted 55+completed active resale

Lakes of Delray is a roughly 1,400-unit, age-restricted 55+ condominium community in Delray Beach (address 15055 Lakes of Delray Boulevard, zip 33484), developed by Lennar Homes between 1982 and 1994. It sits a few minutes from Atlantic Avenue, between Military Trail and Jog Road. Its most distinctive feature, per multiple independent sources, is an in-community bus transit system providing scheduled service to nearby shopping, medical appointments, and community events — a notable amenity for residents who no longer drive.

Last researched 2026-09-16

Price positioning
Reported roughly $100,000-$300,000 on resale — confirm current pricing with a local agent or MLS search
HOA
Not publicly confirmed as a single figure; dues vary by section, each with its own board — confirm with the specific section's association
Community size
Approximately 1,400 condo units
Home types
condominium
Builder
Lennar Homes
Age policy
Legally age-restricted 55+ condominium community, reported by 55places and multiple independent sources

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Overview

Independent Assessment

Lakes of Delray's identity as a distinct, verifiable community is confirmed by its own community website (lakesofdelray.org), a dedicated 55places community page, and consistent third-party reporting of its roughly 1,400-unit count, Lennar Homes builder history, and 1982-1994 construction window. Its community bus transit system is corroborated by its own site and by independent 55+ community directories, though no confirmed current route details or schedule were found, and nothing confirmed that the service remains active exactly as historically described.

Who May Find This Community Appealing

Buyers who specifically value an in-community transportation option for residents who no longer drive, at one of the more affordable price points among Delray Beach's older 55+ condo communities, are the best fit for Lakes of Delray. Its clubhouse, pools, and roughly 30 clubs suit residents seeking an active, socially engaged, budget-conscious retirement.

Homes & Prices

Homes, Builders & Development History

Lakes of Delray was developed by Lennar Homes between 1982 and 1994, comprising approximately 1,400 condo units in two- and three-story buildings, ranging from roughly 800-900 to 1,500-2,600 square feet (sources vary on the exact upper range) with one or two bedrooms and one to two bathrooms.

Current Pricing & Market Positioning

Resale pricing is reported at roughly $100,000 for entry-level units up to $250,000-$300,000 for updated units with lake views or preferred locations, positioning Lakes of Delray among the more affordable 55+ condo communities in the Delray Beach corridor, competitive with nearby Palm Greens.

New Construction vs. Resale Considerations

Lakes of Delray is resale-only. Buyers should request the specific section's most recent structural inspection and reserve study, and should confirm whether any special assessments are pending, before making an offer.

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Fees

HOA Fees, Capital Contributions & Recurring Costs

Lakes of Delray is organized into multiple sections, each reportedly with its own HOA board and fee structure; no single, reliable community-wide fee figure was found, and the fee is treated as not publicly confirmed pending section-specific verification. Buyers should request the current budget and fee schedule from the specific section's association.

Taxes, Insurance & Special Assessments

Homes here are subject to City of Delray Beach and Palm Beach County real estate tax. Given the community's age (buildings now 30+ years old), buyers should specifically confirm each section's SB 4-D structural integrity reserve study status, any pending special assessments, and current condo insurance costs, which have risen materially for older South Florida buildings in recent years.

Amenities

In-community bus transit system serving shopping, medical appointments, and eventsSwimming poolFitness centerTennis, pickleball, and bocce courtsShuffleboard courtsBilliard room and card roomCraft area and libraryTheater and ballroom with stage and sound/lighting systemsNearly 30 resident clubs, per independent sources

Community Layout & Lifestyle

Lakes of Delray's community bus system is a differentiator worth weighing seriously for buyers thinking ahead to a future where driving may no longer be an option — most 55+ community marketing does not address this need directly. The community supports an active social calendar with weekly events and close to 30 clubs, per independent sources, organized around a single main clubhouse rather than the multi-facility model of larger communities like Kings Point.

Location

Shopping, Healthcare & Airport Access

Lakes of Delray is located at 15055 Lakes of Delray Boulevard, Delray Beach, FL 33484, a few minutes from Atlantic Avenue, between Military Trail and Jog Road — placing it in the same general west Delray Beach 55+ corridor as Palm Greens and other established condo communities.

Restrictions

Age Qualification & Material Ownership Restrictions

Lakes of Delray is reported as a legally age-restricted 55+ community by 55places and multiple independent active-adult directory sources. No recorded HOPA certification documentation was independently found; buyers should confirm current certification and occupancy compliance directly with the relevant section's association.

Pros & Tradeoffs

Tradeoffs & Limitations

As a condominium community with buildings now more than 30 years old, Lakes of Delray is subject to Florida's SB 4-D structural integrity reserve study and milestone inspection requirements. The community's individual sections reportedly each have their own HOA board and fee structure, so buyers should not assume a single fee applies community-wide and should specifically confirm the section's reserve fund status and any pending special assessments.

Comparison With Nearby Communities

Lakes of Delray is most often compared by local sources to Palm Greens (a similarly priced, similarly aged condo/villa community in the same Delray Beach corridor) and to Las Verdes, another nearby condo community. Its in-community bus system is its clearest differentiator against these otherwise similar neighbors. It is unrelated to any GL Homes Valencia-branded community.

Listings

Current Listings

A connected local agent can provide current available resale listings, recent comparable sales, and association disclosure documents for Lakes of Delray.

FAQs

Questions Buyers Should Verify

  • A single, reliable community-wide or section-specific HOA fee figure (not identified with confidence)
  • Current status, routes, and schedule of the community bus transit system
  • Current SB 4-D structural integrity reserve study status and any pending special assessments, by section
  • Current HOPA certification and occupancy-compliance status
  • Current resale pricing and comparable sales via MLS
What is distinctive about Lakes of Delray compared to other 55+ condo communities nearby?
Multiple independent sources describe Lakes of Delray as operating its own in-community bus transit system, providing scheduled service to shopping, medical appointments, and community events — a notable feature for residents who no longer drive, and one that nothing in the sources confirmed is offered at most comparable nearby communities.
Is Lakes of Delray legally age-restricted?
Yes — it is reported as an age-restricted 55+ community by 55places and multiple independent active-adult directory sources. Buyers should confirm current HOPA certification directly with the relevant section's association.
How much are HOA fees at Lakes of Delray?
No confirmed single reliable community-wide figure was found. Lakes of Delray is organized into multiple sections, each reportedly with its own HOA board and fee structure, so buyers should request the current fee schedule for the specific section they are considering.
Is there golf at Lakes of Delray?
No on-site or adjacent golf course was identified for Lakes of Delray. Its amenity focus is the clubhouse, pool, fitness center, and its community bus system.

Sources

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