1401 S Federal Highway 510, Boca Raton, FL 33432 — MLS photo

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1401 S Federal Highway 510, Boca Raton, FL 33432

Active · Condominium

$280,000

1401 S Federal Highway 510, Boca Raton, FL 33432

Beds
1
Baths
2
Living area
1,046 sq ft
$ / sq ft
$268/sq ft
Year built
1975
Lot size
—
HOA fee
$700
Annual tax
—

About this property

Move-In Ready. This extra-large, fully updated corner unit offers 1 bedroom, 1.5 baths. Located in a pet and investor-friendly community, you can rent immediately.Enjoy beautiful East and West views from your two private balconies! Oversized bedroom features an ensuite bath with a walk-in shower, private balcony access, walk-in closet with built-ins.The open-concept kitchen, built-in island, stainless steel appliances and a large walk-in pantry, Floor-to-ceiling windows, natural light and a full-size washer and dryer.minutes from the beach, Mizner Park,Downtown Boca and within walking distance to supermarkets, restaurants, shops and the location can’t be beat.Amenities including a community pool, brand-new gym, tennis courts, assigned covered parking and a private storage unit.

Property location

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1401 S Federal Highway 510, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,046 sq ft

Exterior & Structure

Property type
Condominium
Year built
1975

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$700
County
Palm Beach
MLS listing ID
F10530901
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

-$246

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.8%
Gross yield
11.4%
Mortgage payment
$1,327/mo
Down payment
$70,000
Loan amount
$210,000
Annual NOI
$12,972

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