2871 N Ocean Boulevard D302, Boca Raton, FL 33431 — MLS photo

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2871 N Ocean Boulevard D302, Boca Raton, FL 33431

Active · Condominium

$1,030,000

2871 N Ocean Boulevard D302, Boca Raton, FL 33431

Beds
3
Baths
3
Living area
2,217 sq ft
$ / sq ft
$465/sq ft
Year built
1967
Lot size
—
HOA fee
$2,217
Annual tax
—

About this property

Live the dream: Breathtaking oceanfront view in San Remo condo with a mix of elegance, modern sophistication and charming. Rarely available, completely renovated 3 bedroom, 2.5 baths with 2 car garage spaces. From the moment you open the door you will be impressed with the bright, light open floor plan perfect for entertaining with wrap around impact window with exceptional views. The feeling of an oasis will captivate you with the custom details. In San Remo all residents can enjoy private man gate 24 hours, private marina with slip access. A sunrise and sunset pool for all day fun in the sun included a hot tub. Breathtaking views of the intracoastal for relaxation. Clubhouse and fitness center with barbeque grills around make this a paradise home setting. Total and Living square fee of 2217 provided by HOA floor plan. Cable, internet and water included. Seller willing to negotiate the current assessment fee.

Property location

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2871 N Ocean Boulevard D302, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,217 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,217
County
Palm Beach
MLS listing ID
R11146105
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

-$3,191

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.3%
Gross yield
7.9%
Mortgage payment
$4,883/mo
Down payment
$257,500
Loan amount
$772,500
Annual NOI
$20,304

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