700 SE 2nd Avenue 416, Deerfield Beach, FL 33441 — MLS photo

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700 SE 2nd Avenue 416, Deerfield Beach, FL 33441

Active · Condominium

$167,000

700 SE 2nd Avenue 416, Deerfield Beach, FL 33441

Beds
2
Baths
2
Living area
920 sq ft
$ / sq ft
$182/sq ft
Year built
1979
Lot size
—
HOA fee
$573
Annual tax
—

About this property

ALL AGES! PRICE DROP! FRESHLY PAINTED! For this 2-bed/2-bath condo. Located on the second floor, this bright unit features wood-look tile throughout, a spacious kitchen with ample cabinets, and a freshly painted interior, ready for your personal touches. The master bedroom has a walk-in closet, while the guest bedroom provides comfortable space for family or visitors. IN-UNIT WASHER AND DRYER, accordion shutters, newer A/C handler (2020) add convenience and peace of mind. Step out to a covered balcony with partial views of the pool and garden grounds. The community includes a clubhouse, pool, sauna, and billiards, all with low monthly fees. Just minutes from Deerfield Beach, Mizner Park, Boca Towne Town Center mall, waterfront dining, and major highways. Ready for full-time living or a seasonal retreat. NO MINIMUM CREDIT SCORE. OK TO LEASE after 1 year. No renting is allowed in the first 12 months of ownership, and no lease will be approved which would result in a unit being leased more than once in a twelve (12) month period.

Property location

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700 SE 2nd Avenue 416, Deerfield Beach, FL 33441

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
920 sq ft

Exterior & Structure

Property type
Condominium
Year built
1979
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$573
County
Broward
MLS listing ID
F10530831
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

$174

Cap rate
6.9%
Net yield
6.9%
Cash-on-cash return
4.5%
Gross yield
15.2%
Mortgage payment
$792/mo
Down payment
$41,750
Loan amount
$125,250
Annual NOI
$11,593

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