Cays Realty
1401 S Ocean Boulevard 3090, Boca Raton, FL 33432 — MLS photo

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1401 S Ocean Boulevard 3090, Boca Raton, FL 33432

Active · Condominium

$470,000

1401 S Ocean Boulevard 3090, Boca Raton, FL 33432

Beds
2
Baths
3
Living area
1,864 sq ft
$ / sq ft
$252/sq ft
Year built
1982
Lot size
—
HOA fee
$1,794 Monthly
Annual tax
$8,343

About this property

Conveniently situated right across from the beach, complete with private access, this bright and spacious condo is move-in ready. It boasts an oversized master suite with a private balcony. Upon entering through the elegantly designed lobby, you are greeted by a lush open-air atrium that leads you to the heart of the building. Residents enjoy a range of amenities, including 24/7 security, one secure underground parking space, easy beach access, tennis courts, a pool and hot tub, an exercise room, a BBQ area, a social room equipped with kitchen facilities, and storage rooms. This condo truly offers a delightful lifestyle.

Property location

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1401 S Ocean Boulevard 3090, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,864 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Breakfast Area, Bathtub, Dining Area, Separate Formal Dining Room, Entrance Foyer, Garden Tub Roman Tub, Shower Only, Elevator, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
5
Lot size
0 sq ft
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio, Storm Security Shutters
Pool
None, Association, Community
Spa
Community
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, One Space

HOA, Community & Financials

Association fee
$1,794 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Security, Trash, Water
Amenities
Bike Storage, Clubhouse, Fitness Center, Pool, Sauna, Spa Hot Tub, Storage, Tennis Courts, Trash, Elevators
Security
Door Man, Fire Alarm, Lobby Secured, Security System, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$8,343
Subdivision
MAYFAIR OF BOCA RATON COND
County
Palm Beach
Days on market
288
MLS listing ID
R11151730
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.

Estimated monthly cash flow

-$808

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.4%
Gross yield
11.9%
Mortgage payment
$2,228/mo
Down payment
$117,500
Loan amount
$352,500
Annual NOI
$17,037

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