729 SE 2nd Avenue, Delray Beach, FL 33483 — MLS photo

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729 SE 2nd Avenue, Delray Beach, FL 33483

Active · SingleFamilyResidence

$825,000

729 SE 2nd Avenue, Delray Beach, FL 33483

Beds
2
Baths
1
Living area
748 sq ft
$ / sq ft
$1,103/sq ft
Year built
1990
Lot size
6,691 sq ft
HOA fee
—
Annual tax
—

About this property

Located in the heart of Osceola Park, this 6,691 SF property offers a unique opportunity to secure a well-positioned parcel in one of East Delray's most sought-after neighborhoods. The existing 2-bedroom, 1-bath home is livable and can serve as a rental or short-term hold, but the true value is in the land. A neighborhood that has seen significant redevelopment over the past several years, Osceola Park continues to attract builders and buyers looking to put down roots close to the water and Atlantic Avenue. Positioned directly across from Currie Commons Park, the property benefits from open green space, mature trees, and a more open feel than most streets in this part of Delray — a combination that continues to attract both builders and end users to the area. The location places you within walking distance to Atlantic Avenue and less than a mile from the beach. Whether the plan is to build, live in the home, rent it, or hold for the future, the property offers flexibility with clear long-term upside. Additional details available upon request.

Property location

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729 SE 2nd Avenue, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
748 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1990
Lot size
6,691 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
B26028217
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

-$2,445

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.7%
Gross yield
5.3%
Mortgage payment
$3,911/mo
Down payment
$206,250
Loan amount
$618,750
Annual NOI
$17,592

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