5135 Palm Ridge Boulevard, Delray Beach, FL 33484 — MLS photo

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5135 Palm Ridge Boulevard, Delray Beach, FL 33484

Active · SingleFamilyResidence

$584,900

5135 Palm Ridge Boulevard, Delray Beach, FL 33484

Beds
3
Baths
2
Living area
1,428 sq ft
$ / sq ft
$410/sq ft
Year built
1976
Lot size
10,083 sq ft
HOA fee
—
Annual tax
$3,652

About this property

Calling all Parrotheads! This Delray Beach, no-HOA 3/2 features a versatile den/office, an open front porch (306 sq ft), and a large screened-in porch (462 sq ft) for added living space. The custom cypress log porch was hand-built by the owner using wood harvested in a Sumter County swamp by a Native American craftsman whose family has held harvesting rights for generations. Custom shutters and 5/4 decking ceilings enhance the exterior. The backyard features a pool with custom deck, hot tub, and 12x24 shed, plus tropical landscaping with Hass avocado, soursop, banana trees, and golden Hawaiian bamboo. Three sets of French doors and partial impact windows complete the home. As Jimmy Buffet says, "Changes in latitudes, changes in attitudes." It's time to purchase your dream in South Florida.

Property location

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5135 Palm Ridge Boulevard, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,428 sq ft
Flooring
Tile
Appliances
Built In Oven, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, French Doors Atrium Doors, Kitchen Dining Combo, Main Level Primary, Main Living Area Entry Level
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1976
Stories
1
Lot size
10,083 sq ft
Architectural style
One Story
Roof
Composition, Flat, Shingle, Tile
Construction
Frame, Stucco, Wood Siding
Exterior features
Barbecue, Courtyard, Enclosed Porch, Fruit Trees, Patio, Shed
Pool
Above Ground, Pool
Spa
Above Ground, Fiberglass, Heated
View
Garden

Parking

Covered spaces
0
Parking features
Paver Block, Two Or More Spaces

HOA, Community & Financials

Amenities
Pool
Security
Smoke Detectors
Pets allowed
No
Annual tax
$3,652
Subdivision
DELRAY GARDEN ESTATES 1
County
Palm Beach
Days on market
146
MLS listing ID
B26019303
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

$343

Cap rate
6.4%
Net yield
6.4%
Cash-on-cash return
2.5%
Gross yield
8.6%
Mortgage payment
$2,773/mo
Down payment
$146,225
Loan amount
$438,675
Annual NOI
$37,387

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