First Encounter Condo Homes for Sale

First Encounter Condo is a residential community in Delray Beach, Florida. Active listings are currently priced from $199K–$199K.

Pure Equity Realty covers First Encounter Condo and the Delray Beach area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for First Encounter Condo Delray Beach homes for sale as of October 2026. The median asking price is $199,000.

That is 31% below the Delray Beach median of $290,000. On a per-foot basis, homes here ask about $284 per square foot, compared with $239 across Delray Beach. So the median price buys roughly 700 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 6 days on the market. That is faster than the Delray Beach average of 113 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in First Encounter Condo date from 1981, so they are about 45 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in First Encounter Condo have a median asking rent of $1,850 per month, across 2 active rental listings. For comparison, the Delray Beach median is $2,650, so rents here run 30% lower.

You can browse current Delray Beach rentals or ask us for a rent estimate on a specific First Encounter Condo home.

Here is what the median First Encounter Condo price means in Florida closing terms. At $199,000, a 20% down payment comes to about $40,000, leaving a loan near $159,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $557. Next, the intangible tax of 0.2% adds about $318. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the First Encounter Condo median, that is about $1,393.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.