Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 735 sq ft
Active · Condominium
$675,000
111 SE 1st Avenue 218, Delray Beach, FL 33444
- Beds
- 1
- Baths
- 1
- Living area
- 735 sq ft
- $ / sq ft
- $918/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $725
- Annual tax
- —
About this property
Beautiful studio located in newer boutique building. 111 First Delray is one block from the heart of Atlantic Avenue in Delray Beach. This unit is in like new condition, features modern kitchen with Bosch appliances, and quartz counter top. In unit washer and dryer, walk in closet and additional built in wall closet unit. Reserved parking space in secured garage is just steps away from this unit, as well as storage cage right across the hallway. 111 First Delray features a beautiful pool area with barbecue grills, cabanas, pool table and plenty of deck space with lounges and chairs. Fully equipped gym and lockable bicycle storage.
Property location
Get Directions111 SE 1st Avenue 218, Delray Beach, FL 33444
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2019
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $725
- County
- Palm Beach
- MLS listing ID
- R11163182
- 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
-$2,526
- Cap rate
- 1.2%
- Net yield
- 1.2%
- Cash-on-cash return
- -16.0%
- Gross yield
- 5.7%
- Mortgage payment
- $3,200/mo
- Down payment
- $168,750
- Loan amount
- $506,250
- Annual NOI
- $8,083
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.