Cays Realty
1022 Circle Drive A, Delray Beach, FL 33445 — MLS photo

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1022 Circle Drive A, Delray Beach, FL 33445

Active · Condominium

$199,000

1022 Circle Drive A, Delray Beach, FL 33445

Beds
2
Baths
2
Living area
1,175 sq ft
$ / sq ft
$169/sq ft
Year built
1971
Lot size
—
HOA fee
$591 Monthly
Annual tax
$2,685

About this property

Beautifully updated 2-bedroom, 2-bath condo located in the highly desirable High Point community of Delray Beach. This meticulously maintained home features newer appliances and a transferable A/C service contract valid through April 2029, providing added value and peace of mind. Enjoy the convenience of a full-size washer and dryer located inside the unit, along with a private rear patio that's perfect for relaxing with your morning coffee or unwinding in the evening. Priced to sell, this move-in-ready home offers an exceptional opportunity to enjoy the best of the Florida lifestyle in one of Delray Beach's most sought-after communities.

Property location

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1022 Circle Drive A, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,175 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Family Dining Room, Kitchen Island, Main Level Primary, Shower Only, Walk In Closets, Pantry

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
1
Lot size
0 sq ft
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio, Storm Security Shutters
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$591 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Internet, Recreation Facilities, Water
Amenities
Clubhouse, Library, Pool, Shuffleboard Court, Tennis Courts
Pets allowed
No
Annual tax
$2,685
Subdivision
High Point
County
Palm Beach
Days on market
235
MLS listing ID
R11164490
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$522

Cap rate
8.8%
Net yield
8.8%
Cash-on-cash return
11.2%
Gross yield
16.1%
Mortgage payment
$943/mo
Down payment
$49,750
Loan amount
$149,250
Annual NOI
$17,580

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