1000 Scotia Drive 304, Hypoluxo, FL 33462 — MLS photo

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1000 Scotia Drive 304, Hypoluxo, FL 33462

Active · Condominium

$270,000

1000 Scotia Drive 304, Hypoluxo, FL 33462

Beds
2
Baths
2
Living area
1,061 sq ft
$ / sq ft
$254/sq ft
Year built
2001
Lot size
—
HOA fee
$818 Monthly
Annual tax
$4,563

About this property

Looking for a South-facing condo with some views of the Marina, boats, and Intracoastal activity? Look no more. Sunny and bright. This renovated 2-bedroom, 2-bath condo with a private garage offers modern living. The kitchen features white quartz countertops, new cabinets, and a glass-tiled backsplash. The bedrooms are separated for privacy, each with a walk-in closet. A desk area for work or hobbies. The main bathroom features a tiled walk-in shower and a double floating vanity, creating a spa-like feel. Throughout the condo, there is vinyl wood-style flooring, textured ceilings, impact windows, and accordion shutters for added security. Brand New A/C and Water Heater just installed! Enjoy both sunrise and sunset from your covered balcony. Mariners Cay is a gated, friendly waterside.... Mariners Cay is a gated, waterfront community open to all ages and pet-friendly, featuring a white-sand beach, an Intracoastal pool, Kayak racks, a gym, a sauna, and a dog park. With dining, shopping, and outdoor activities right around the corner, this location is ideal for an active or easygoing lifestyle.

Property location

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1000 Scotia Drive 304, Hypoluxo, FL 33462

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,061 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Ceiling Fans, Electric, Central Air
Heating
Central, Electric
Interior features
Dual Sinks, Split Bedrooms, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2001
Stories
6
Lot size
0 sq ft
Roof
Tar Gravel
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community
Spa
Community
View
Intercoastal, Other, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Detached, Garage, Open, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$818 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Pools, Sewer, Water
Association
GRS Management
Association contact
561-588-1117
Amenities
Billiard Room, Clubhouse, Controlled Access, Elevators, Fitness Center, Library, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Spa Hot Tub, Trash
Security
Key Card Entry, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$4,563
Subdivision
HYPOLUXOS MARINERS CAY CON
County
Palm Beach
Days on market
238
MLS listing ID
R11160022
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

-$249

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
11.8%
Mortgage payment
$1,280/mo
Down payment
$67,500
Loan amount
$202,500
Annual NOI
$12,373

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