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 Monthly
Annual tax
$3,852

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
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Dining Area, Separate Formal Dining Room, Dual Sinks, Living Dining Room, Main Living Area Entry Level, Split Bedrooms, Tub Shower, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2001
Stories
1
Lot size
0 sq ft
Architectural style
Mediterranean
Roof
Concrete, Tile, Wood Trusses
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None
Spa
Community
Waterfront
Intracoastal Access
View
Other, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$818 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Parking, Sewer, Security, Trash, Water
Association
GRS Management
Association contact
561-641-8554
Amenities
Beach Rights, Boat Dock, Billiard Room, Business Center, Clubhouse, Controlled Access, Elevators, Fitness Center, Library, Management, Barbecue, Picnic Area, Sauna, Spa Hot Tub, Trash
Security
Intercom, Key Card Entry, Phone Entry
Pets allowed
No
Annual tax
$3,852
Subdivision
HYPOLUXOS MARINERS CAY CON
County
Palm Beach
Days on market
173
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

-$637

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.5%
Gross yield
9.2%
Mortgage payment
$1,515/mo
Down payment
$79,875
Loan amount
$239,625
Annual NOI
$10,533

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