Mediterranean home in Delray Beach, FL
This 5,892-square-foot Mediterranean home in Delray Beach, FL includes 8 bedrooms and 10 bathrooms. Its Mediterranean character defines the property's look.
| Price | $3,999,000 |
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| Beds | 8 |
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| Baths | 10 |
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| Sqft | 5892 |
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| Architectural style | Mediterranean (56% match) |
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| Address | 16722 Cannes Street, Delray Beach, FL 33446 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced above comparable homes.
- At $4M, this home is 186% above the $1.4M median for 230 similar Mediterranean homes in Delray Beach, FL.
- That works out to $679 per square foot, 50% above the $453 comparable rate.
- On the market 177 days, which is a long time; sellers are often flexible at this point.
| This home | $3,999,000 |
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| Mediterranean median in Delray Beach, FL | $1,399,000 (230 homes) |
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| Price per sq ft | $679 vs. $453 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $26,422/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,132,351 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $21,889/mo |
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| Property tax (new-buyer reassessed rate) | $3,033/mo |
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| Homeowners insurance | $1,500/mo |
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| Total monthly | $26,422/mo |
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| Down payment (20%) | $799,800 |
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| Income needed | $1,132,351/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (64 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (64/100) |
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| Beats renting in | 18% of modeled paths |
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| Modeled 5-yr equity (median) | $1,952,721 |
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| Range (10th to 90th pct) | $1,147,719 to $2,884,316 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow