1141 Violet Terrace 202, Delray Beach, FL 33445 — MLS photo

Active · Condominium

$200,000

1141 Violet Terrace 202, Delray Beach, FL 33445

Beds: 2
Baths: 2
Living area: 1,167 sq ft
$ / sq ft: $171/sq ft
Year built: 1977
Lot size: —
HOA fee: $595 Monthly
Annual tax: $2,314

About this property

TRANSFER Of LOVE ~ Beautiful 2 bedroom, 2 bathroom condo located in the Pines of Delray. This 2nd floor condo features a screened-in balcony perfect for relaxing. Hurricane impact glass throughout and plantation shutters for comfort and peace of mind. The kitchen is equipped with new stainless steel appliances and granite counter tops. The spacious primary bedroom features 2 walk-in closets for ample storage. New WATER HEATER. Designated parking spot. The Pines of Delray amenities includes 2 swimming pools, jacuzzi, bocce ball, tennis, clubhouse and much more. This condo is must see!

Property location

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1141 Violet Terrace 202, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,167 sq ft
Flooring: Other
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Breakfast Area, Dual Sinks, Tub Shower, Walk In Closets

Exterior & Structure

Property type: Condominium
Year built: 1977
Stories: 2
Lot size: 0 sq ft
Construction: Block
Exterior features: Balcony
Pool: None, Association, Community
Spa: Community

Parking

Covered spaces: 0
Parking features: Assigned

HOA, Community & Financials

Association fee: $595 Monthly
Fee inclusions: Common Area Maintenance, Cable Tv, Internet, Trash, Water
Amenities: Clubhouse, Pool, Spa Hot Tub
Pets allowed: No
Annual tax: $2,314
Subdivision: PINES OF DELRAY COND
County: Palm Beach
Days on market: 333
MLS listing ID: R11136493
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

$533

Cap rate: 8.9%
Net yield: 8.9%
Cash-on-cash return: 11.4%
Gross yield: 15.9%
Mortgage payment: $948/mo
Down payment: $50,000
Loan amount: $150,000
Annual NOI: $17,777

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