318 SE 5th Avenue C206, Delray Beach, FL 33483 — MLS photo

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318 SE 5th Avenue C206, Delray Beach, FL 33483

Active · Condominium

$1,625,000

318 SE 5th Avenue C206, Delray Beach, FL 33483

Beds
2
Baths
2
Living area
1,495 sq ft
$ / sq ft
$1,087/sq ft
Year built
2025
Lot size
12,711 sq ft
HOA fee
—
Annual tax
—

About this property

With only 26 exquisite boutique residences, this stunning property is located in one of the most desirable destinations in the world, just steps away from both the ocean and intracoastal waterway. Situated just three blocks from the vibrant Atlantic Avenue, this residence offers a one-of-a-kind living experience that is second to none. With its world-class architecture and thoughtful design, this property is truly a sight to behold. Featuring natural fluted wood, elegant glass balconies, and beautifully curated greenery and florals, this residence offers a sense of peace and serenity that is unmatched. Experience luxurious living at its finest. 1.85% Developer Fee. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, and change of price, rental, prior sale, leasing, or withdrawal without notice.

Property location

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318 SE 5th Avenue C206, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,495 sq ft

Exterior & Structure

Property type
Condominium
Year built
2025
Lot size
12,711 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Palm Beach
MLS listing ID
R11114598
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

-$4,780

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.6%
Gross yield
5.3%
Mortgage payment
$7,703/mo
Down payment
$406,250
Loan amount
$1,218,750
Annual NOI
$35,078

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