917 S Drive Terrace B, Delray Beach, FL 33445 — MLS photo

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917 S Drive Terrace B, Delray Beach, FL 33445

Active · Condominium

$225,000

917 S Drive Terrace B, Delray Beach, FL 33445

Beds
1
Baths
2
Living area
912 sq ft
$ / sq ft
$247/sq ft
Year built
1973
Lot size
—
HOA fee
$513 Monthly
Annual tax
$1,659

About this property

This beautifully designed one story villa offers luxury finishes, quality workmanship, and a spacious layout that truly lives large. The expansive open-concept great room is ideal for both everyday living and entertaining, complemented by recessed lighting, upgraded electrical, and smart wireless features throughout the home. The chef's kitchen showcases quartz countertops, a large movable quartz island, a striking pasta wall faucet, and brand new LG ThinQ smart appliances still in the manufacturer's original wrapping. This home features Luxury Vinyl Wood Planks that blends the elegance of hardwood with exceptional resilience and is water resistant. The LVP was installed over a premium grade underlayment; floorMuffler ultraSeal. All windows and doors have tinted impact glass. This home also features washer and dryer hookups, attic storage and remote controlled lighting for added convenience. Newly extended paved patios in both the front and back provide excellent outdoor living space. Residents enjoy low HOA fees with maintenance that includes internet, cable, water, roof, and exterior care, allowing for truly low maintenance living. Community amenities include a pool, bocce court and clubhouse. This villa combines modern technology, upscale finishes and exceptional value in a resort style setting. Measurements are approximate. Buyer and/or Buyers Agent to verify all information and measurements.

Property location

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917 S Drive Terrace B, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
912 sq ft
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Kitchen Island, Main Level Primary
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
1
Lot size
0 sq ft
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$513 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv
Amenities
Billiard Room, Clubhouse, Library, Management, Pool
Pets allowed
No
Annual tax
$1,659
Subdivision
HIGH POINT OF DELRAY BEACH
County
Palm Beach
Days on market
282
MLS listing ID
R11154149
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

$185

Cap rate
6.7%
Net yield
6.7%
Cash-on-cash return
3.5%
Gross yield
12.1%
Mortgage payment
$1,067/mo
Down payment
$56,250
Loan amount
$168,750
Annual NOI
$15,018

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