6785 Moonlit Dr, Delray Beach, FL 33446

Delray Beach 55+ Oasis: Your Opportunity to Customize in Camelot Village!

Discover an incredible opportunity at 6785 Moonlit Dr APT C110, Delray Beach, FL 33446! This 2-bedroom, 2-bathroom apartment (villa style) offers a comfortable 1,148 sqft of living space, built in 1971, within the highly sought-after 55+ community of Camelot Village. This ground-floor unit presents a fantastic “handyman special” or investment opportunity, allowing you to customize and add significant value in a desirable Delray Beach neighborhood. The property includes a full-size washer and dryer for your convenience, and features an enclosed Florida room and patio for versatile living space.

Priced at an astonishingly competitive $205,000, with an estimated refinance payment of approximately $1,324/month, this property stands out as a remarkable value in the current Delray Beach market. Consider these powerful insights:

• The overall median sale price of a home in Delray Beach was $560,000 in May 2025, significantly higher than this condo’s asking price. For 2-bedroom condos in Delray Beach, prices can range significantly, but many are in the mid-$200s to $300s, with a median price per square meter for apartments around $2,480 (Properstar). This property, at approximately $178.57 per square foot, offers compelling value.
• The Delray Beach housing market is “not very competitive,” with homes selling for about 6% below list price and taking around 90 days to go pending. This creates a favorable environment for buyers to secure a great deal.
• For investors, 2-bedroom apartments in Delray Beach typically rent for around $2,000 to $3,500+ per month, indicating strong potential for rental income once updated.
• Residents of Camelot Village enjoy a wide range of amenities, including a pool (currently undergoing renovations), sauna, billiards, library, shuffleboard, and a theater.

Delray Beach offers a vibrant coastal lifestyle with beautiful beaches, a thriving arts scene, and diverse dining and shopping. While the cost of living is generally higher than the national average, this community provides an accessible entry point into this desirable South Florida city. This condo is perfect for a savvy investor looking for a high-ROI flip or a long-term rental (subject to community rules), or a 55+ buyer eager to customize their dream retirement home.