5302 Fairway Woods Dr 4612, Delray Beach, FL 33484 — MLS photo

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5302 Fairway Woods Dr 4612, Delray Beach, FL 33484

Active · Condominium

$299,900

5302 Fairway Woods Dr 4612, Delray Beach, FL 33484

Beds
2
Baths
2
Living area
1,332 sq ft
$ / sq ft
$225/sq ft
Year built
1986
Lot size
—
HOA fee
$4,275
Annual tax
—

About this property

EXCEPTIONAL LAKEFRONT VALUE! VILLA IN BOCA DELRAY! an 18-hole par-60 executive golf course with pay-as-you-play access! Beautiful 2BR/2BA + den villa with a 1-car garage, located in Boca Delray Golf & Country Club, a desirable 55+ gated community with no mandatory golf membership. This lakefront home features vaulted ceilings, fresh interior paint, new recessed lighting, and tranquil lake and golf course views. Enjoy morning coffee or afternoon cocktails from the spacious private courtyard or back patio overlooking the water. Brand-new roof to be installed! Ready to move in right away! Great location just minutes from the newly renovated clubhouse. Community amenities include a 24/7 manned gate, two heated pools, 5 tennis courts and an active social calendar. HOA includes cable, building insurance, exterior maintenance and painting, pest control, cold water, roof maintenance, reserves, and trash removal. Conveniently located near shopping, dining, major highways, and the beach.

Property location

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5302 Fairway Woods Dr 4612, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,332 sq ft

Exterior & Structure

Property type
Condominium
Year built
1986

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,275
County
Palm Beach
MLS listing ID
A11998108
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

-$3,447

Cap rate
-8.1%
Net yield
-8.1%
Cash-on-cash return
-49.3%
Gross yield
12.9%
Mortgage payment
$1,422/mo
Down payment
$74,975
Loan amount
$224,925
Annual NOI
-$24,299

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