Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,386 sq ft
- Appliances
- Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Split Bedrooms, Walk In Closets, Pantry
- Furnished
- Unfurnished
Active · Residential
$460,000
115 Coconut Key Lane, Delray Beach, FL 33484
- Beds
- 3
- Baths
- 2
- Living area
- 1,386 sq ft
- $ / sq ft
- $332/sq ft
- Year built
- 2002
- Lot size
- 1,904 sq ft
- HOA fee
- $289 Monthly
- Annual tax
- $6,842
About this property
Located just off of Atlantic Ave in the quaint & beautiful community of Coconut Key: This 3/2 villa Features a 2 car garage, new metal roof, impact windows, new A/C, tile flooring throughout, spacious bedrooms, a primary suite with two walk-in closets, an updated kitchen with stainless steel appliances, and a screened patio with lake views. this community is also Investor-friendly: property can be rented immediately after closing , allowing up to two lease per year and is currently leased at $3,600 a month till 07/31/2027 . All assessments have been paid in full.
Property location
Get Directions115 Coconut Key Lane, Delray Beach, FL 33484
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Facts & features
Exterior & Structure
- Property type
- Residential
- Year built
- 2002
- Stories
- 1
- Lot size
- 1,904 sq ft
- Construction
- Block
- Pool
- None, Association, Community
- View
- Pond
Parking
- Garage spaces
- 2
- Covered spaces
- 2
- Parking features
- Garage, Two Or More Spaces, Garage Door Opener
HOA, Community & Financials
- Association fee
- $289 Monthly
- Amenities
- Basketball Court, Cabana, Pool
- Pets allowed
- No
- Annual tax
- $6,842
- Subdivision
- COCONUT KEY
- County
- Palm Beach
- Days on market
- 258
- MLS listing ID
- R11155882
- Listing status
- Active
Virtual tour
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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
$76
- Cap rate
- 5.9%
- Net yield
- 5.9%
- Cash-on-cash return
- 0.7%
- Gross yield
- 9.8%
- Mortgage payment
- $2,181/mo
- Down payment
- $115,000
- Loan amount
- $345,000
- Annual NOI
- $27,078
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.