Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,243 sq ft
Active · Condominium
$659,000
255 NE 3rd Avenue 2401, Delray Beach, FL 33444
- Beds
- 2
- Baths
- 2
- Living area
- 1,243 sq ft
- $ / sq ft
- $530/sq ft
- Year built
- 2004
- Lot size
- —
- HOA fee
- $743
- Annual tax
- —
About this property
Pineapple Grove Village is in the heart of downtown Delray Beach's electric energy. If you're seeking an urban sanctuary with a high walkability score - this is it. This unit has incredible connectivity to downtown shops, over 100 restaurants, galleries, and nightlife. Access to the beach is just minutes away. Two blocks from Atlantic Ave and in thriving Pineapple Grove. This units offer sleek tile flooring throughout common areas for a light, open feel. Open kitchen, washer/dryer in unit and private balcony that lets sunrise light in. Hurricane impact windows throughout. You'll have have access to a resort-style pool, two fitness centers, his/her sauna's, meeting rooms and a clubhouse. Secured access and parking, elevator service, professional on-site management, pet-friendly.
Property location
Get Directions255 NE 3rd Avenue 2401, Delray Beach, FL 33444
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2004
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $743
- County
- Palm Beach
- MLS listing ID
- R11132319
- 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
-$1,650
- Cap rate
- 2.7%
- Net yield
- 2.7%
- Cash-on-cash return
- -10.7%
- Gross yield
- 7.4%
- Mortgage payment
- $3,124/mo
- Down payment
- $164,750
- Loan amount
- $494,250
- Annual NOI
- $17,690
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.