1000 Scotia Drive 204, Hypoluxo, FL 33462 — MLS photo

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1000 Scotia Drive 204, Hypoluxo, FL 33462

Active · Condominium

$319,500

1000 Scotia Drive 204, Hypoluxo, FL 33462

Beds
2
Baths
2
Living area
872 sq ft
$ / sq ft
$366/sq ft
Year built
2001
Lot size
—
HOA fee
$818
Annual tax
—

About this property

Enjoy South Florida living in this light-filled 2BD/2BA condo in Mariner's Cay; a gated, resort-style Intracoastal community. This split-bedroom floor plan features 18" tile laid on the diagonal throughout, large windows and sliders for abundant natural light, a spacious balcony, and an open layout ideal for both everyday living and entertaining. The kitchen is appointed with granite countertops, classic white subway tile backsplash, white cabinetry, a deep stainless steel sink, Samsung stainless steel appliances, and a pantry. Situated just off the kitchen you will find a convenient laundry area, plus a dedicated office nook providing added functionality - perfect for remote work or additional storage. The primary suite offers a walk-in closet and an ensuite bath with granite dual-sink vanity and tub/shower combination. A pocket door off the main living area opens to a private guest suite with a walk-in closet and full bath featuring a quartz-top vanity and tub/shower combo. Updates include a 2023 roof, 2018 A/C, and 2022 water heater. Mariner's Cay offers residents a true coastal lifestyle with private beach and waterfront clubhouse with pool, spa, fitness center, billiards room and more - all just minutes from beaches, airports, dining and entertainment. Don't miss this opportunity to live in one of the area's premier waterfront communities!

Property location

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1000 Scotia Drive 204, Hypoluxo, FL 33462

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
872 sq ft

Exterior & Structure

Property type
Condominium
Year built
2001
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$818
County
Palm Beach
MLS listing ID
B26023545
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

-$822

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.0%
Gross yield
9.2%
Mortgage payment
$1,515/mo
Down payment
$79,875
Loan amount
$239,625
Annual NOI
$8,314

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