Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,175 sq ft
Active · Condominium
$405,000
2255 Lindell Boulevard 4103, Delray Beach, FL 33444
- Beds
- 2
- Baths
- 2
- Living area
- 1,175 sq ft
- $ / sq ft
- $345/sq ft
- Year built
- 1980
- Lot size
- —
- HOA fee
- $825
- Annual tax
- —
About this property
Designer-inspired 2BR/2BA ground-floor residence in the highly sought-after Delray Racquet Club—investor-friendly and ideal for both seasonal and annual rental income. This turnkey unit showcases an open-concept layout with seamless indoor-outdoor living, featuring direct walk-out access from the screened patio to serene lake views, walking paths, and resort-style pool areas. The ground-floor location enhances convenience while maximizing accessibility and lifestyle appeal. Situated in prime Delray Beach, just 1 mile to the beach and 2 miles to Atlantic Avenue, with walkable access to Whole Foods, Target, Home Depot, and a variety of dining and retail options. Residents enjoy resort-style amenities including a clubhouse, fitness center, tennis courts, and multiple pools.
Property location
Get Directions2255 Lindell Boulevard 4103, Delray Beach, FL 33444
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1980
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $825
- County
- Palm Beach
- MLS listing ID
- B26012761
- 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
-$716
- Cap rate
- 3.6%
- Net yield
- 3.6%
- Cash-on-cash return
- -7.6%
- Gross yield
- 9.6%
- Mortgage payment
- $1,920/mo
- Down payment
- $101,250
- Loan amount
- $303,750
- Annual NOI
- $14,443
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.