2700 Banyan Road C 3, Boca Raton, FL 33432 — MLS photo

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2700 Banyan Road C 3, Boca Raton, FL 33432

Active · Condominium

$359,900

2700 Banyan Road C 3, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
965 sq ft
$ / sq ft
$373/sq ft
Year built
1965
Lot size
—
HOA fee
$987
Annual tax
—

About this property

East Boca beach-area opportunity just steps from the ocean. This 2-bedroom, 2-bath first-floor condominium offers easy one-level living, impact windows, a screened patio, assigned parking and a community pool. Walk across A1A to the beach, bike to the Deerfield Beach Pier, or enjoy nearby Mizner Park and downtown Boca Raton. An excellent opportunity to own in one of Boca Raton's most desirable coastal locations at a price point increasingly difficult to find east of the Intracoastal. Seasonal Rental may be considered with a five month minimum at $3,500/month

Property location

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2700 Banyan Road C 3, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
965 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$987
County
Palm Beach
MLS listing ID
B26027158
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

-$1,019

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.1%
Gross yield
9.1%
Mortgage payment
$1,706/mo
Down payment
$89,975
Loan amount
$269,925
Annual NOI
$8,251

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