5055 Oakhill Lane 221, Delray Beach, FL 33484 — MLS photo

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5055 Oakhill Lane 221, Delray Beach, FL 33484

Active · Condominium

$315,000

5055 Oakhill Lane 221, Delray Beach, FL 33484

Beds
3
Baths
2
Living area
1,598 sq ft
$ / sq ft
$197/sq ft
Year built
1984
Lot size
—
HOA fee
$1,050
Annual tax
—

About this property

Welcome to this 3-bedroom, 2-bathroom water & Golf front condominium located in the prestigious Boca Delray community of Delray Beach, Florida. This 1,598 square feet of finished living space offers comfortable proportions and thoughtful layout. As a waterfront property, this residence provides the distinctive appeal of water access in one of South Florida's desirable coastal communities. This condominium presents an excellent opportunity for those seeking water & golf views in the Delray Beach area. Third bedroom opened to great room as a den.

Property location

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5055 Oakhill Lane 221, Delray Beach, FL 33484

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,598 sq ft

Exterior & Structure

Property type
Condominium
Year built
1984
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,050
County
Palm Beach
MLS listing ID
B26026356
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

$143

Cap rate
6.2%
Net yield
6.2%
Cash-on-cash return
1.9%
Gross yield
14.3%
Mortgage payment
$1,493/mo
Down payment
$78,750
Loan amount
$236,250
Annual NOI
$19,634

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