Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 751 sq ft
Active · Condominium
$289,000
701 NE Harbour Terrace 2140, Boca Raton, FL 33431
- Beds
- 1
- Baths
- 1
- Living area
- 751 sq ft
- $ / sq ft
- $385/sq ft
- Year built
- 1965
- Lot size
- —
- HOA fee
- $850
- Annual tax
- —
About this property
Nestled east of Fed. Hwy, in one of Boca's most desirable neighborhoods, this boutique waterfront condo community is ideally located for the boater or beach lover. Minutes from Spanish River Beach Park and the Boca inlet, the complex was recently renovated. The home also has a large balcony with views of the intercostal, impact windows and a boat dock accommodating a 30' Boat, that can be sold/bought separately for ~$30.000. Impeccably maintained in a renovated resort style pool and gym. Unit has a good size storage area. Newer AC and water heater. This unit is perfect for a year-round home or seasonal low maintenance waterfront property. Very easy to show. Owner motivated!! Will entertain all offers. HOA Reserves Fully Funded/ HOA permits 100% financing, No minimum down payment required. Property could be bought with or without Dock for $30,000 more. New price is without Dock.
Property location
Get Directions701 NE Harbour Terrace 2140, Boca Raton, FL 33431
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1965
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $850
- County
- Palm Beach
- MLS listing ID
- R11137288
- 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
-$914
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.6%
- Gross yield
- 8.9%
- Mortgage payment
- $1,370/mo
- Down payment
- $72,250
- Loan amount
- $216,750
- Annual NOI
- $5,474
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.