Cays Realty
225 NE 1st Street 409 (ph-09), Delray Beach, FL 33483 — MLS photo

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225 NE 1st Street 409 (ph-09), Delray Beach, FL 33483

Active · Condominium

$830,000

225 NE 1st Street 409 (ph-09), Delray Beach, FL 33483

Beds
2
Baths
2
Living area
1,185 sq ft
$ / sq ft
$700/sq ft
Year built
2008
Lot size
—
HOA fee
$885 Monthly
Annual tax
$13,402

About this property

Welcome to Penthouse 09 at The Astor, located in the heart of Delray Beach's sought-after Pineapple Grove Arts District. This 2-bedroom, 2-bath residence offers 1,185 square feet of light and bright living space with modern white finishes and an open, airy feel throughout. A rare spiral staircase leads to your private rooftop sundeck with Jacuzzi, creating the perfect space to relax, entertain, and enjoy the downtown Delray lifestyle. The Astor offers a rooftop pool and unbeatable walkability just blocks from Atlantic Avenue, dining, shopping, galleries, nightlife, and a short walk to the beach. Additional highlights include two covered parking spaces and a premier downtown location. A true penthouse opportunity in one of Delray Beach's most vibrant neighborhoods.

Property location

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225 NE 1st Street 409 (ph-09), Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,185 sq ft
Flooring
Ceramic Tile, Marble
Appliances
Built In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bathtub, Dual Sinks, Main Living Area Entry Level, Split Bedrooms, Shower Only, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2008
Stories
5
Lot size
0 sq ft
Architectural style
Penthouse, Two Story
Roof
Other
Construction
Block
Pool
None, Association, Community
Spa
Above Ground

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Garage, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$885 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Parking, Pools, Trash
Amenities
Management, Pool, Storage, Trash, Elevators
Pets allowed
No
Annual tax
$13,402
Subdivision
ASTOR CONDO
County
Palm Beach
Days on market
205
MLS listing ID
B26003705
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

-$2,446

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.6%
Gross yield
6.4%
Mortgage payment
$3,935/mo
Down payment
$207,500
Loan amount
$622,500
Annual NOI
$17,861

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