2871 N Ocean Boulevard F429, Boca Raton, FL 33431 — MLS photo

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2871 N Ocean Boulevard F429, Boca Raton, FL 33431

Active · Condominium

$379,000

2871 N Ocean Boulevard F429, Boca Raton, FL 33431

Beds
2
Baths
2
Living area
953 sq ft
$ / sq ft
$398/sq ft
Year built
1967
Lot size
—
HOA fee
$1,260
Annual tax
—

About this property

Gorgeous South Florida sunsets and spectacular marina & pool views. Spacious, light and bright, this 2 bedroom, 2 bath condo has a split floorplan and large balcony. Ideally located within the luxurious waterfront & gated community of San Remo. 450 Feet of Private Beach, Marina with New Seawall, Huge Fully Renovated Clubhouse, Heated Pool & Spa, BBQ Area, Bocce Ball, Shuffleboard, State of the art fitness center and a boating enthusiasts dream! The best location... nestled between the Ocean & Intracoastal. Steps to the sand, Close to Downtown Boca, Delray Beach, I-95, Golf, shopping, restaurants, nightlife & entertainment! This is MUST SEE!!

Property location

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2871 N Ocean Boulevard F429, Boca Raton, FL 33431

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
953 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,260
County
Palm Beach
MLS listing ID
R11162190
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

-$1,396

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.8%
Gross yield
8.7%
Mortgage payment
$1,797/mo
Down payment
$94,750
Loan amount
$284,250
Annual NOI
$4,812

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