500 SE 21st Avenue 403, Deerfield Beach, FL 33441 — MLS photo

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500 SE 21st Avenue 403, Deerfield Beach, FL 33441

Active · Condominium

$375,000

500 SE 21st Avenue 403, Deerfield Beach, FL 33441

Beds
1
Baths
1
Living area
900 sq ft
$ / sq ft
$417/sq ft
Year built
1959
Lot size
—
HOA fee
$871
Annual tax
—

About this property

Welcome to the only residential building directly on the sand in beautiful Deerfield Beach. This spacious one-bedroom condo offers breathtaking ocean views and floor-to-ceiling impact windows. Wake up to the sunrise over the ocean every morning. The community feels like a resort, featuring a sparkling pool, private beach, meditation gardens, putting greens, and a grilling area. Additional amenities include a club room, library, and exercise room. Enjoy peace of mind in a well-managed, gated building with no land lease, low monthly fees, and a successfully completed milestone inspection in 2023. This is a rare opportunity to own a beachfront home, just steps from the pier, shopping, dining, and entertainment. Live the coastal lifestyle you've been dreaming of!

Property location

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500 SE 21st Avenue 403, Deerfield Beach, FL 33441

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
900 sq ft

Exterior & Structure

Property type
Condominium
Year built
1959
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$871
County
Broward
MLS listing ID
B26025562
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

-$1,075

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.3%
Gross yield
8.5%
Mortgage payment
$1,778/mo
Down payment
$93,750
Loan amount
$281,250
Annual NOI
$8,429

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