55 Tropic Isle Drive 37 U, Delray Beach, FL 33483 — MLS photo

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55 Tropic Isle Drive 37 U, Delray Beach, FL 33483

Active · Condominium

$277,000

55 Tropic Isle Drive 37 U, Delray Beach, FL 33483

Beds
2
Baths
2
Living area
899 sq ft
$ / sq ft
$308/sq ft
Year built
1984
Lot size
—
HOA fee
$676 Monthly
Annual tax
$3,834

About this property

Discover coastal living just minutes from everything Delray Beach has to offer! This charming, updated 2-bedroom, 2-bath condo at Boca Isle features an open, light-filled layout designed for comfort and easy Florida living and has full impact windows. Enjoy a spacious living and dining area, a well-appointed kitchen, and a private screened balcony—perfect for morning coffee or evening breezes. The primary suite offers generous closet space and an en-suite bath, while the second bedroom is ideal for guests or a home office. Additional highlights include laundry room with ample storage, and peaceful garden and pool views that capture the relaxed coastal vibe of the community. Boca Isle Condo is a boutique coastal community known for its quiet atmosphere and unbeatable location. Residents enjoy a sparkling community pool, well-maintained grounds, and scenic canal-front surroundings. Boating enthusiasts will love being close to marinas, the Intracoastal Waterway, and ocean access. Located east of US-1 and just minutes from Delray's famous Atlantic Avenue, you'll have quick access to award-winning dining, boutique shopping, nightlife, cultural events, and stunning beaches. Convenient proximity to Publix, Whole Foods, Trader Joe, yacht clubs, parks, and major roadways makes daily life a breeze. This condo offers the perfect combination of coastal charm, convenience, and value in one of Delray Beach's most sought-after waterfront areas. Don't miss your chance to own a piece of paradise schedule your tour today!

Property location

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55 Tropic Isle Drive 37 U, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
899 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Dual Sinks, Living Dining Room, Split Bedrooms, Shower Only, Walk In Closets, Pantry
Furnished
Partially

Exterior & Structure

Property type
Condominium
Year built
1984
Stories
2
Lot size
0 sq ft
Architectural style
Garden Apartment, Split Level
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio
Pool
None, Association, Community
View
Pool

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$676 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Pest Control, Trash
Amenities
Pool
Pets allowed
No
Annual tax
$3,834
Subdivision
BOCA ISLE CONDO
County
Palm Beach
Days on market
269
MLS listing ID
R11149527
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

-$328

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.1%
Gross yield
10.3%
Mortgage payment
$1,313/mo
Down payment
$69,250
Loan amount
$207,750
Annual NOI
$11,819

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