950 De Soto Rd 3C, Boca Raton, FL 33432 — MLS photo

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950 De Soto Rd 3C, Boca Raton, FL 33432

Active · Condominium

$835,000

950 De Soto Rd 3C, Boca Raton, FL 33432

Beds
3
Baths
2
Living area
2,339 sq ft
$ / sq ft
$357/sq ft
Year built
1978
Lot size
—
HOA fee
$1,800
Annual tax
—

About this property

Experience the best of East Boca Raton living in this spacious residence, ideally located in one of the area's most desirable residential neighborhoods. Known for its walkability, just steps from the beach, intracoastal and Boca's best dining, shopping, and entertainment venues. This well appointed 3-bedroom, 2-bath residence boasts 2,339 sq ft of thoughtfully designed living space. Enjoy a renovated open-concept kitchen, expansive living room and formal dining space - perfect for both entertaining and every day living. The bedrooms are over-sized and the unit features an abundance of closet space and storage. Additional upgrades include plantation shutters, impact windows/sliding glass doors, 2 new water heaters, a separate laundry/mud room, pantry and custom built-ins throughout. The residence also includes a covered garage parking space and the building has ample guest parking. Set within the beautifully maintained Atlantic Cloisters community, residents enjoy 11 acres of peaceful landscaping, a heated pool, a newly renovated clubhouse and inviting outdoor spaces. The 40 year recertification has been completed and the assessment has been paid in full by the seller, this home presents an exceptional opportunity in one of Boca Raton's most established and sought after neighborhoods.

Property location

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950 De Soto Rd 3C, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,339 sq ft

Exterior & Structure

Property type
Condominium
Year built
1978

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,800
County
Palm Beach
MLS listing ID
A12006758
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

-$1,712

Cap rate
3.2%
Net yield
3.2%
Cash-on-cash return
-8.8%
Gross yield
9.3%
Mortgage payment
$3,958/mo
Down payment
$208,750
Loan amount
$626,250
Annual NOI
$26,955

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