Cays Realty
2411 Papaya Drive 103, Delray Beach, FL 33445 — MLS photo

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2411 Papaya Drive 103, Delray Beach, FL 33445

Active · Condominium

$270,000

2411 Papaya Drive 103, Delray Beach, FL 33445

Beds
2
Baths
2
Living area
1,167 sq ft
$ / sq ft
$231/sq ft
Year built
1979
Lot size
—
HOA fee
$623 Monthly
Annual tax
$3,244

About this property

Beautiful 2/2 ground floor unit with washer and dryer inside. Renovated white kitchen with seamless quartz counter tops, newer SS appliances, and subway tile back splash. Master Bedroom features walk in closet and large ensuite bathroom. One of the best locations with an amazing green area views off the back patio. Updated electrical panel, newer AC, newer accordion shutters and new laminated waterproof flooring throughout. Desginated parking space 1069 right by your unit. This 55+ community is an extremely well maintained community offering social activities, 2 pools, hot tub, tennis, pickleball, boccie, shuffleboard, 2 exercise rooms and more! Snow bird ready home-make it yours!

Property location

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2411 Papaya Drive 103, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,167 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Kitchen Dining Combo, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Shower Only, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
2
Architectural style
Garden Apartment, Split Level
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio, Storm Security Shutters
Pool
None, Association, Community
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$623 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Internet, Parking, Sewer, Trash, Water
Amenities
Billiard Room, Clubhouse, Fitness Center, Library, Management, Pool, Shuffleboard Court, Tennis Courts
Security
Smoke Detectors
Pets allowed
No
Annual tax
$3,244
Subdivision
PINES OF DELRAY CONDO
County
Palm Beach
Days on market
385
MLS listing ID
R11126024
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$228

Cap rate
6.7%
Net yield
6.7%
Cash-on-cash return
3.6%
Gross yield
12.6%
Mortgage payment
$1,280/mo
Down payment
$67,500
Loan amount
$202,500
Annual NOI
$18,094

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