1157 S Drive Circle C, Delray Beach, FL 33445 — MLS photo

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1157 S Drive Circle C, Delray Beach, FL 33445

Active · Condominium

$191,500

1157 S Drive Circle C, Delray Beach, FL 33445

Beds
1
Baths
2
Living area
1,080 sq ft
$ / sq ft
$177/sq ft
Year built
1977
Lot size
—
HOA fee
$486
Annual tax
—

About this property

Look no further. Totally renovated from floor to ceiling. 1 BR plus guest room and 2 full baths. Everything is brand new. Custom kitchen with quartz countertops, 2 walk-in closets, spacious living and dining areas, and a large main bedroom. Includes in-unit washer & dryer and offers an outdoor patio for grilling. Parking space right in front of the unit. Completely turnkey. 55+ active community. Tennis, pickleball, heated pool, updated clubhouse, and new roads have just been completed. Roofs installed in 19. Low maintenance includes ( internet, cable, water, and building insurance). Pay only electric. Furniture is available if you just want to come with your clothes.

Property location

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1157 S Drive Circle C, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
1,080 sq ft

Exterior & Structure

Property type
Condominium
Year built
1977
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$486
County
Palm Beach
MLS listing ID
R11156751
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

$415

Cap rate
8.3%
Net yield
8.3%
Cash-on-cash return
9.3%
Gross yield
15.5%
Mortgage payment
$908/mo
Down payment
$47,875
Loan amount
$143,625
Annual NOI
$15,875

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