Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 760 sq ft
Active · Condominium
$150,000
38 Flanders A 38, Delray Beach, FL 33484
- Beds
- 2
- Baths
- 2
- Living area
- 760 sq ft
- $ / sq ft
- $197/sq ft
- Year built
- 1978
- Lot size
- —
- HOA fee
- $696
- Annual tax
- —
About this property
Experience resort-style living in this stunningly renovated 2-bedroom, 2-bathroom unit located in a highly sought-after 55+ man-gated community in the heart of Delray Beach. Enjoy picturesque views of the golf course and lush gardens from the comfort of your home. Tenant occupied through October 17, 2026. This vibrant community offers a wealth of amenities including tennis, pickleball, indoor pools, a theatre, cafés, hair salon, fitness and art classes, group events, and more. Golf enthusiasts will love the two 18-hole courses designed by Robert Trent Jones, featuring the finest modern putting surfaces. Relax with friends by one of five indoor pools or take advantage of the courtesy shuttles for convenient trips to nearby grocery stores and the lively shops and restaurants of Delray’s famous Atlantic Avenue.
Property location
Get Directions38 Flanders A 38, Delray Beach, FL 33484
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1978
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $696
- County
- Palm Beach
- MLS listing ID
- A11759161
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$142
- Cap rate
- 4.6%
- Net yield
- 4.6%
- Cash-on-cash return
- -4.0%
- Gross yield
- 14.2%
- Mortgage payment
- $711/mo
- Down payment
- $37,500
- Loan amount
- $112,500
- Annual NOI
- $6,833
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.