15217 Lakes Of Delray Boulevard 87, Delray Beach, FL 33484 — MLS photo

Get More Info About This Property

15217 Lakes Of Delray Boulevard 87, Delray Beach, FL 33484

Active · Condominium

$178,000

15217 Lakes Of Delray Boulevard 87, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
1,100 sq ft
$ / sq ft
$162/sq ft
Year built
1986
Lot size
—
HOA fee
$680
Annual tax
—

About this property

Welcome to your slice of easy Florida living in the desirable Lakes of Delray! This well-maintained 2-bedroom, 2-bath first-floor condo offers the perfect blend of comfort and convenience—no stairs, no hassle, just walk right in and start enjoying. Inside, you'll find tile flooring throughout , a spacious layout, and plenty of natural light. The split-bedroom design provides privacy for guests, while the primary suite offers a relaxing retreat with its own bath that has been updated. Step outside and enjoy everything this vibrant, gated comm has to offer—resort-style pool, pickleball courts, an active clubhouse, and a full calendar of social clubs and events. Whether you're looking to stay active or simply unwind, there's something for everyone.

Property location

Get Directions

15217 Lakes Of Delray Boulevard 87, Delray Beach, FL 33484

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,100 sq ft

Exterior & Structure

Property type
Condominium
Year built
1986
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$680
County
Palm Beach
MLS listing ID
B26011931
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

$314

Cap rate
7.8%
Net yield
7.8%
Cash-on-cash return
7.5%
Gross yield
16.7%
Mortgage payment
$844/mo
Down payment
$44,500
Loan amount
$133,500
Annual NOI
$13,888

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