701 SW 8th Avenue, Delray Beach, FL 33444 — MLS photo

Get More Info About This Property

701 SW 8th Avenue, Delray Beach, FL 33444

Active · SingleFamilyResidence

$649,000

701 SW 8th Avenue, Delray Beach, FL 33444

Beds
3
Baths
2
Living area
1,331 sq ft
$ / sq ft
$488/sq ft
Year built
1925
Lot size
13,689 sq ft
HOA fee
—
Annual tax
—

About this property

DOUBLE LOT!!! Great Opportunity!!! Lovely updated Delray Beach single family home on a huge corner area extending over two lots!!! Near Downtown Delray, Beaches, Shopping, Dining in Atlantic Av. Three Bedrooms, one in suite. Two brand new full bathrooms. Separate kitchen with breakfast space, separate laundry and storage room. Two street access with lots of space for your garden, parking, RV, and more. This home boasts brand new Accordion Hurricane Shutters, Stainless Steel Appliances, Fireplace, updated electrical, AC, Tile, while the yard with mature fruit trees, gives you a piece of serenity in your corner lot oasis!

Property location

Get Directions

701 SW 8th Avenue, Delray Beach, FL 33444

Loading property location…

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,331 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1925
Lot size
13,689 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11075064
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

-$720

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.8%
Gross yield
7.7%
Mortgage payment
$3,077/mo
Down payment
$162,250
Loan amount
$486,750
Annual NOI
$28,281

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.