1540 NW 18th Avenue 203, Delray Beach, FL 33445 — MLS photo

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1540 NW 18th Avenue 203, Delray Beach, FL 33445

Active · Condominium

$300,000

1540 NW 18th Avenue 203, Delray Beach, FL 33445

Beds
2
Baths
2
Living area
1,148 sq ft
$ / sq ft
$261/sq ft
Year built
1980
Lot size
—
HOA fee
$587 Monthly
Annual tax
$2,942

About this property

Enjoy the Best of Florida Living in This Vibrant 55+ Community Welcome to your slice of Florida sunshine! This beautiful condo is ideally located in a highly desirable55+ community offering an active, social, and carefree lifestyle. Conveniently positioned near three international airports, all easily accessible by car or train—the closest just 20 minutes away, with two others within 30-45 minutes—travel is effortless. The community offers an exceptional array of amenities, including pickleball and tennis courts, two fully equipped fitness centers, an aquatic pool, two clubhouses, and a relaxing jacuzzi. With a full calendar of adult activities and organized outings—including casino trips—you'll always have the option to stay as social and engaged as you wish. You're never alone here - unless you choose to be.Enjoy peace of mind with very responsive on-site property management. Golf enthusiasts willappreciate multiple public golf courses within a 15-minute drive.The condo is just 5 minutes from vibrant downtown Delray Beach, offering dining, shopping, andentertainment, and provides easy access to I-95, making travel to surrounding areas quick andconvenient. A movie theater is only a short drive away, and medical centers and hospitals are located within 10 minutes, with Palm Tran ADA assistance available for added convenience. This is Florida living at its best comfort, connection, and convenience all in one place. Plus, enjoy added peace of mind with full impact doors and windows throughout the home—no need to worry during hurricane season.

Property location

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1540 NW 18th Avenue 203, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,148 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Dual Sinks, Entrance Foyer, Eat In Kitchen, Main Living Area Entry Level, Split Bedrooms, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
2
Lot size
0 sq ft
Architectural style
One Story
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Enclosed Porch, Patio, Storm Security Shutters
Pool
None, Association, Community
View
Lake

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$587 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Water
Amenities
Fitness Center, Pool, Guard, Tennis Courts
Security
Gated With Guard
Pets allowed
No, Yes
Annual tax
$2,942
Subdivision
PINES OF DELRAY NORTH COND
County
Palm Beach
Days on market
276
MLS listing ID
R11153919
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

$173

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.5%
Gross yield
11.6%
Mortgage payment
$1,422/mo
Down payment
$75,000
Loan amount
$225,000
Annual NOI
$19,137

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