2501 S Ocean Blvd 1040, Boca Raton, FL 33432 — MLS photo

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2501 S Ocean Blvd 1040, Boca Raton, FL 33432

Active · Condominium

$350,000

2501 S Ocean Blvd 1040, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
960 sq ft
$ / sq ft
$365/sq ft
Year built
1964
Lot size
—
HOA fee
$725 Monthly
Annual tax
$5,988

About this property

LOCATION! CAPRI CONDO! STEPS TO THE OCEAN WITH PRIVATE BEACH ACCESS, TWO (2) BEDROOM CONDO. INCLUDES KITCHEN APPLIANCES, AND TWO (2) BATHROOMS, COVERED ENCLOSED BALCONY WITH LARGE STORAGE CLOSET. WALKING DISTANCE TO DINING, SHOPPING. PARKING INCLUDED. PETS ALLOWED.

Property location

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2501 S Ocean Blvd 1040, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
960 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Refrigerator
Cooling
Central Air
Heating
None
Interior features
Second Floor Entry, Other

Exterior & Structure

Property type
Condominium
Year built
1964
Stories
3
Architectural style
Garden Apartment
Construction
Block
Exterior features
Patio
View
Garden

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$725 Monthly
Fee inclusions
Association Management, Cable Tv
Amenities
None
Pets allowed
Size Limit, Yes
Annual tax
$5,988
Subdivision
BOCA CAPRI CONDO APTS SLY
County
Palm Beach
Days on market
187
MLS listing ID
A11984646
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

-$665

Cap rate
3.4%
Net yield
3.4%
Cash-on-cash return
-8.1%
Gross yield
9.2%
Mortgage payment
$1,659/mo
Down payment
$87,500
Loan amount
$262,500
Annual NOI
$11,925

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