Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,167 sq ft
Active · Condominium
$178,000
1150 Mahogany Way 203, Delray Beach, FL 33445
- Beds
- 2
- Baths
- 2
- Living area
- 1,167 sq ft
- $ / sq ft
- $153/sq ft
- Year built
- 1979
- Lot size
- —
- HOA fee
- $623
- Annual tax
- —
About this property
Immaculately maintained 2-bedroom, 2-bath condo centrally located in Delray Beach and ready for your personal touches. Ideally situated near the community pool with peaceful canal views. Features include a brand-new AC and a bright, functional layout. Enjoy easy access to I-95 and everything that Delray Beach and Boca Raton have to offer, including shopping, restaurants, and golf. Just minutes from Atlantic Avenue and Delray's beautiful beaches. Located in an active 55+ community with abundant amenities including bocce ball, pickleball courts, tennis, shuffleboard, pool, and clubhouse. The maintenance fee covers cable, high-speed internet, water, sewer, trash removal, pest control, and exterior maintenance, making for easy, carefree living.
Property location
Get Directions1150 Mahogany Way 203, Delray Beach, FL 33445
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1979
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $623
- County
- Palm Beach
- MLS listing ID
- B26001808
- 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
$479
- Cap rate
- 8.9%
- Net yield
- 8.9%
- Cash-on-cash return
- 11.5%
- Gross yield
- 17.5%
- Mortgage payment
- $844/mo
- Down payment
- $44,500
- Loan amount
- $133,500
- Annual NOI
- $15,868
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.