Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,567 sq ft
- Flooring
- Carpet, Tile
- Appliances
- Electric Water Heater, Washer
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Entrance Foyer, Living Dining Room, Split Bedrooms
- Furnished
- Unfurnished
Active · Condominium
$1,250,000
50 East Road 12f, Delray Beach, FL 33483
- Beds
- 2
- Baths
- 2
- Living area
- 1,567 sq ft
- $ / sq ft
- $798/sq ft
- Year built
- 1970
- Lot size
- —
- HOA fee
- $5,851 Quarterly
- Annual tax
- $6,928
About this property
Rarely available penthouse condo with breathtaking Ocean and Intracoastal views just moments from Downtown Delray Beach. This 2BR/2BA residence offers an incredible opportunity to create your dream coastal retreat and includes 2 covered parking spots. Bright and sun-filled, the floorplan features an inviting foyer, oversized living room, formal dining area, and spacious sunroom showcasing water views. The expansive layout provides the perfect canvas for buyers looking to fully renovate and customize the home to their personal style and vision. Prime location near beaches, restaurants, marinas, shopping, cafés, nightlife, and more. Rare opportunity for a complete renovation project in an unbeatable location. Some photos are virtually staged. Create your custom waterfront dream home today!!!
Property location
Get Directions50 East Road 12f, Delray Beach, FL 33483
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1970
- Stories
- 12
- Lot size
- 0 sq ft
- Architectural style
- Penthouse
- Roof
- Other
- Construction
- Block
- Exterior features
- Shutters Electric, Storm Security Shutters
- Pool
- None, Association, Community
- Waterfront
- Intracoastal Access
- View
- Intercoastal, Ocean, Water
Parking
- Covered spaces
- 0
- Parking features
- Covered
HOA, Community & Financials
- Association fee
- $5,851 Quarterly
- Fee inclusions
- Association Management, Cable Tv, Sewer, Security, Water
- Amenities
- Elevators, Fitness Center, Management, Pool
- Pets allowed
- No
- Annual tax
- $6,928
- Subdivision
- BARR TERRACE CONDO
- County
- Palm Beach
- Days on market
- 132
- MLS listing ID
- B26026843
- Listing status
- Active
Virtual tour
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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
-$3,550
- Cap rate
- 2.3%
- Net yield
- 2.3%
- Cash-on-cash return
- -12.2%
- Gross yield
- 6.0%
- Mortgage payment
- $5,926/mo
- Down payment
- $312,500
- Loan amount
- $937,500
- Annual NOI
- $28,508
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.