Interior
- Bedrooms
- 2
- Bathrooms
- 3
- Living area
- 1,230 sq ft
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- First Floor Entry
Active · Townhouse
$300,000
3103 Spanish Wells dr 2A, Delray Beach, FL 33445
- Beds
- 2
- Baths
- 3
- Living area
- 1,230 sq ft
- $ / sq ft
- $244/sq ft
- Year built
- 1978
- Lot size
- —
- HOA fee
- $475 Monthly
- Annual tax
- $2,171
About this property
Charming and spacious 2-bedroom, 2.5-bathroom townhome located in a well-maintained community just minutes from downtown Delray. Prime location close to Delray Ave, I-95, and the Florida Turnpike, offering easy access to shopping, dining, and entertainment. Enter through the private backyard into a bright living space featuring ceramic flooring and a functional layout. Upstairs you will find two master suites each with its own private balcony overlooking the courtyard and en-suite bathrooms, providing comfort and privacy. The community offers great amenities including a pool and tennis courts, along with two assigned parking spaces and plenty of guest parking. Currently vacant. GREAT INVESTMENT opportunity as it can be rented right away or a place to live. Seller is willing to negotiate buyer broker . For showing, text the showing agent to get the Lockbox code.
Property location
Get Directions3103 Spanish Wells dr 2A, Delray Beach, FL 33445
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Facts & features
Exterior & Structure
- Property type
- Townhouse
- Year built
- 1978
- Stories
- 2
- Architectural style
- Other
- Construction
- Brick, Block
- Exterior features
- Patio
- Pool
- Association
- View
- None
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- Assigned, Two Or More Spaces
HOA, Community & Financials
- Association fee
- $475 Monthly
- Fee inclusions
- Amenities, Trash
- Amenities
- Pool, Tennis Courts
- Pets allowed
- Conditional, Yes
- Annual tax
- $2,171
- Subdivision
- SPANISH WELLS
- County
- Palm Beach
- Days on market
- 200
- MLS listing ID
- A11983001
- Listing status
- Active
Virtual tour
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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
$482
- Cap rate
- 7.6%
- Net yield
- 7.6%
- Cash-on-cash return
- 6.9%
- Gross yield
- 12.2%
- Mortgage payment
- $1,422/mo
- Down payment
- $75,000
- Loan amount
- $225,000
- Annual NOI
- $22,850
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.