5 Abbey Lane 207, Delray Beach, FL 33446 — MLS photo

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5 Abbey Lane 207, Delray Beach, FL 33446

Active · Condominium

$190,000

5 Abbey Lane 207, Delray Beach, FL 33446

Beds
2
Baths
2
Living area
925 sq ft
$ / sq ft
$205/sq ft
Year built
1978
Lot size
—
HOA fee
$614 Monthly
Annual tax
$1,963

About this property

Beautifully renovated 2 bedroom 2 bath condo in the desirable 55+ community Villages of Oriole in Delray Beach. Fantastic location! Second floor unit with no neighbors above that has a split floor plan. An abundant of natural light. Kitchen boasts an open concept design with new stainless steel appliances and quartz countertops! Renovated bathrooms. Impact sliding glass door leading you out to your private balcony! New fixtures. 2024 ac unit and water heater. New vinyl flooring. Common laundry room just a few doors down. Residents enjoy two pools, a clubhouse, fitness center, library, shuffleboard, game room, sauna, organized activities and much more! Cable TV, WIFI, and water included! Close to the Turnpike, Downtown Atlantic Ave, public golf courses, plazas, restaurants, and beaches.

Property location

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5 Abbey Lane 207, Delray Beach, FL 33446

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
925 sq ft
Flooring
Vinyl
Appliances
Built In Oven, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Closet Cabinetry, High Ceilings, Kitchen Island, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1978
Stories
2
Lot size
0 sq ft
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$614 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Laundry, Parking, Pest Control, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Billiard Room, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Shuffleboard Court, Sauna, Security, Storage, Trash
Security
Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$1,963
Subdivision
VILLAGES OF ORIOLE ABBEY C
County
Palm Beach
Days on market
251
MLS listing ID
R11162842
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

$180

Cap rate
6.8%
Net yield
6.8%
Cash-on-cash return
4.1%
Gross yield
13.8%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$12,969

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