2401 Del-aire Boulevard E 201, Delray Beach, FL 33445 — MLS photo

Active · Condominium

$189,900

2401 Del-aire Boulevard E 201, Delray Beach, FL 33445

Beds: 2
Baths: 2
Living area: 1,167 sq ft
$ / sq ft: $163/sq ft
Year built: 1977
Lot size: —
HOA fee: $623 Monthly
Annual tax: $2,876

About this property

Welcome to Pines of Delray This Beautifully maintained 2+ bedrooms, 2 +Bath residence Del Aire Blvd. offers 1,167sq. ft. of comfortable living in a vibrant 55+ community. Perfectly positioned in a convenient central location, you are just minutes from the charm of DOWNTOWN DELRAY BEACH - filled with top dining, shopping, and entertainment= and short drive to the stunning shores of DELRAY MUNICIPAL BEACH. ENJOY A RELAXED SOUTH FLORIDA LIFESTYLE with easy access to everything you need, all within a welcoming and active community setting. Ideal for seasonal or year- round living. Close to beaches, shopping & restaurants. Prime Delray location with great value. Turnkey,,, LIVE WHERE OTHERS VACATION- THIS IS DELRAY LIVING AT IT'S BEST!!!

Property location

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2401 Del-aire Boulevard E 201, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,167 sq ft
Flooring: Carpet, Hardwood, Wood
Appliances: Dryer, Dishwasher, Electric Range, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Cooling: Ceiling Fans, Electric, Central Air
Heating: Central, Electric
Interior features: Built In Features, Breakfast Area, Closet Cabinetry, Main Living Area Entry Level, Split Bedrooms, Tub Shower, Walk In Closets, Pantry
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 1977
Stories: 2
Lot size: 0 sq ft
Architectural style: Split Level
Roof: Wood Trusses
Construction: Stucco
Pool: None, Association, Community
View: Garden

Parking

Covered spaces: 0
Parking features: Assigned

HOA, Community & Financials

Association fee: $623 Monthly
Fee inclusions: Common Area Maintenance, Cable Tv, Insurance, Sewer, Water
Association: Sea Crest
Association contact: 561-276-3539
Amenities: Billiard Room, Clubhouse, Fitness Center, Pool, Shuffleboard Court, Tennis Courts
Security: Smoke Detectors
Pets allowed: No
Annual tax: $2,876
Subdivision: PINES OF DELRAY CONDO
County: Palm Beach
Days on market: 154
MLS listing ID: B26025329
Listing status: Active

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Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

$487

Cap rate: 8.8%
Net yield: 8.8%
Cash-on-cash return: 11.0%
Gross yield: 16.6%
Mortgage payment: $900/mo
Down payment: $47,475
Loan amount: $142,425
Annual NOI: $16,647

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