6461 NW 2nd Avenue 116, Boca Raton, FL 33487 — MLS photo

Get More Info About This Property

6461 NW 2nd Avenue 116, Boca Raton, FL 33487

Active · Condominium

$240,000

6461 NW 2nd Avenue 116, Boca Raton, FL 33487

Beds
2
Baths
2
Living area
1,300 sq ft
$ / sq ft
$185/sq ft
Year built
1973
Lot size
—
HOA fee
$620
Annual tax
—

About this property

First floor living with a long glass enclosed lanai looking onto Boca Teeca's green space. This 2 bedroom, 2 bath residence offers approximately 1,300 square feet, an updated white kitchen, refreshed bathrooms and connected living and dining areas. The lanai gives morning coffee a place of its own, with garden views beyond the glass. A washer and dryer are in the residence. Boca Teeca Condo Five is a 55 plus community with a pool and convenient access to Boca Raton and Delray Beach. Offered unfurnished. Spend the morning on the glass enclosed lanai, then head to the community pool or explore Boca Raton and Delray Beach. The residence is offered unfurnished. Association documents are available in the Documents section. Confirm current dues, assessments, approval requirements and insurance information with management.

Property location

Get Directions

6461 NW 2nd Avenue 116, Boca Raton, FL 33487

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,300 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$620
County
Palm Beach
MLS listing ID
B26006020
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

$422

Cap rate
7.8%
Net yield
7.8%
Cash-on-cash return
7.5%
Gross yield
15.0%
Mortgage payment
$1,138/mo
Down payment
$60,000
Loan amount
$180,000
Annual NOI
$18,720

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