2000 S Ocean Boulevard 403, Delray Beach, FL 33483 — MLS photo

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2000 S Ocean Boulevard 403, Delray Beach, FL 33483

Active · Condominium

$695,000

2000 S Ocean Boulevard 403, Delray Beach, FL 33483

Beds
3
Baths
3
Living area
2,138 sq ft
$ / sq ft
$325/sq ft
Year built
1973
Lot size
—
HOA fee
$2,133
Annual tax
—

About this property

Welcome to 2000 S Ocean Blvd #403 in Delray Beach - an exceptional opportunity to create your dream coastal residence in one of the area's most desirable oceanfront communities. This spacious 3-bedroom, 2.5-bathroom condominium offers over 2,100 square feet of living space, highlighted by the rare combination of both Atlantic Ocean and Intracoastal Waterway views. Enjoy refreshing sea breezes and panoramic water vistas from your private balcony, while inside, the residence presents a blank canvas ready for your vision and full renovation. The current layout features an expanded kitchen dinette area, where the third bedroom wall has been removed to enhance living space and flow. This can easily be converted back to a true third bedroom, offering flexibility to suit your needs. Additional features include two assigned garage parking spaces, an in-unit washer and dryer, semi-private elevator access shared with only one neighboring residence, and secure entry with on-site security. Perfectly positioned just minutes from Linton Boulevard and within approximately 10 minutes to the vibrant shops, dining, and nightlife of downtown Delray Beach and Atlantic Avenue, this location offers the ideal blend of tranquility and convenience. Residents enjoy a heated Intracoastal-side pool, beautifully maintained grounds, dedicated bike storage, and deeded beach access directly across the street. Whether you're looking to fully renovate and customize or secure a premier oceanfront address with exceptional upside, this is a rare offering not to be missed. *Certain pictures have been digitally altered to show renovation potential.*

Property location

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2000 S Ocean Boulevard 403, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,138 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
$2,133
County
Palm Beach
MLS listing ID
B26017680
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

-$1,749

Cap rate
2.7%
Net yield
2.7%
Cash-on-cash return
-10.8%
Gross yield
9.9%
Mortgage payment
$3,295/mo
Down payment
$173,750
Loan amount
$521,250
Annual NOI
$18,542

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