Cays Realty
3851 N Ocean Boulevard 307-308, Gulf Stream, FL 33483 — MLS photo

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3851 N Ocean Boulevard 307-308, Gulf Stream, FL 33483

Active · Condominium

$1,350,000

3851 N Ocean Boulevard 307-308, Gulf Stream, FL 33483

Beds
2
Baths
2
Living area
1,644 sq ft
$ / sq ft
$821/sq ft
Year built
1974
Lot size
—
HOA fee
$2,636 Quarterly
Annual tax
$6,874

About this property

JUST REDUCED PRICE TO $1,350,000. OWNER WANTS OFFERS ON THIS 2/2 DIRECT OCEANFRONT HOME. ROOM FOR 3RD BEDROOM COMPLETELY FURNISHED WITH IMPACT WINDOWS LOCATED IN THE PRESTIGIOUS TOWN OF GULFSTREAM. WHERE YOU WILL FIND COASTAL LIVING RELAXING & LUXURIOUS. ENJOY THE BUILDING AMENITIES - A REFRESHING POOL LOCATED ON THE OCEANSIDE WITH A BARBECUE AREA & CHAIRS WITH UMBRELLAS PROVIDED FOR THE BEACH. YOU ARE MINUTES FROM ATLANTIC AVENUE IN DELRAY & THE PALM BEACHES WORTH AVENUE. WELCOME TO PARADISE! GULFSTREAM SHORES CONDOMINIUM LOCATED IN THE OCEANFRONT TOWN OF GULFSTREAM. WHERE PARADISE WELCOMES YOU.

Property location

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3851 N Ocean Boulevard 307-308, Gulf Stream, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,644 sq ft
Flooring
Marble
Appliances
Built In Oven, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, Kitchen Island, Kitchen Dining Combo, Custom Mirrors, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Vaulted Ceilings, Bar
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
4
Lot size
0 sq ft
Architectural style
Garden Apartment, Split Level
Roof
Concrete, Tile
Construction
Block
Exterior features
Barbecue, None, Outdoor Shower, Storm Security Shutters
Pool
None, Association, Community, Heated
Waterfront
Ocean Access
View
Ocean, Pool, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest, Open

HOA, Community & Financials

Association fee
$2,636 Quarterly
Fee inclusions
Common Area Maintenance, Laundry, Parking, Pools, Roof, Trash
Amenities
Clubhouse, Laundry, Pool, Storage, Elevators
Pets allowed
No
Annual tax
$6,874
Subdivision
Gulfstream Shores
County
Palm Beach
Days on market
444
MLS listing ID
R11101522
Listing status
Active

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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

-$2,634

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
5.9%
Mortgage payment
$6,400/mo
Down payment
$337,500
Loan amount
$1,012,500
Annual NOI
$45,186

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