60 Pelican Pointe Drive 1020, Delray Beach, FL 33483 — MLS photo

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60 Pelican Pointe Drive 1020, Delray Beach, FL 33483

Active · Condominium

$399,000

60 Pelican Pointe Drive 1020, Delray Beach, FL 33483

Beds
2
Baths
2
Living area
1,135 sq ft
$ / sq ft
$352/sq ft
Year built
1986
Lot size
—
HOA fee
$1,025
Annual tax
—

About this property

Beautiful, remodeled, first floor corner 2/2 condo in the prestigious east Delray Pelican Harbor development. This gated community offers tennis, pickleball and a pool. The condo has newer appliances including ac unit and water heater. The kitchen has custom, solid wood cabinets with a granite countertop and an eat in kitchen. There is tile throughout the living area. The primary bathroom was remodeled with lavish white Carrera tile, high end fixtures, and a gorgeous huge shower. Step out to the large patio, perfect for relaxing and enjoying the warm ocean breezes - complete with pull down shutters. There is a full size washer/dryer in the unit. The monthly fee includes all amenities including pool, tennis, and pickleball. It also includes water, cable and internet!

Property location

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60 Pelican Pointe Drive 1020, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,135 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
$1,025
County
Palm Beach
MLS listing ID
B26019946
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

-$955

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.3%
Gross yield
9.4%
Mortgage payment
$1,891/mo
Down payment
$99,750
Loan amount
$299,250
Annual NOI
$11,238

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