1052 North Drive B, Delray Beach, FL 33445 — MLS photo

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1052 North Drive B, Delray Beach, FL 33445

Active · Condominium

$92,350

1052 North Drive B, Delray Beach, FL 33445

Beds
1
Baths
2
Living area
994 sq ft
$ / sq ft
$93/sq ft
Year built
1971
Lot size
—
HOA fee
$525 Monthly
Annual tax
$2,444

About this property

BRING YOUR VISION TO HIGH POINT! This 1-bedroom, 2-bath villa with a den is a handyman special with room to make it your own or renovate for resale. Two big-ticket items are already done: a new AC and a 2019 roof. Set in a well-maintained 55+ community less than 10 minutes from the beach, it's close to shopping, dining, hospitals, and everyday essentials. Residents enjoy a pool, clubhouse, BBQ area, shuffleboard, and bocce ball courts. The HOA is $525 per month with strong reserves. No leasing permitted. If you've been looking for a project in a great Delray location, this is your opportunity. HOA covers the roof and roof repairs, Cable TV; Common Areas; Building Insurance; Internet; Maintenance Grounds; Pest Control; Pool Service; Recreation Facility; Reserve Funds; Sewer; Trash; Water.

Property location

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1052 North Drive B, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
994 sq ft
Flooring
Other
Appliances
None
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets
Furnished
Unfurnished

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
Awnings
Pool
None, Association, Community
View
Garden

Parking

Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$525 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Pest Control, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
Amenities
Clubhouse, Laundry, Barbecue, Picnic Area, Pool, Shuffleboard Court
Pets allowed
No
Annual tax
$2,444
Subdivision
HIGH POINT OF DELRAY SEC 4
County
Palm Beach
Days on market
191
MLS listing ID
B26004639
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

$572

Cap rate
13.1%
Net yield
13.1%
Cash-on-cash return
26.6%
Gross yield
26.5%
Mortgage payment
$438/mo
Down payment
$23,088
Loan amount
$69,263
Annual NOI
$12,120

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