Cays Realty
2851 S Ocean Blvd 7U, Boca Raton, FL 33432 — MLS photo

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2851 S Ocean Blvd 7U, Boca Raton, FL 33432

Active · Condominium

$559,000

2851 S Ocean Blvd 7U, Boca Raton, FL 33432

Beds
2
Baths
2
Living area
1,497 sq ft
$ / sq ft
$373/sq ft
Year built
1980
Lot size
—
HOA fee
$1,200 Monthly
Annual tax
$7,325

About this property

Luxury awaits in this Penthouse condo in Boca Raton steps from the ocean and sandy beach. Attention to detail in this gorgeous 2 Bedrooms (split floor plan) 2 Bath. Custom travertine floors in the living and bamboo in the bedrooms. Lots of natural light, Hurricane Impact Windows, 9Ft ceilings. Gourmet kitchen with high end appliances. Luxurious bathrooms and custom closets. Washer and Dryer. Bicycle room, storage, gym, recreational room, service elevator. Enjoy a partial ocean view from the spacious balcony overlooking the pool area and spectacular sunsets. Close to amazing Deerfield Beach area with great restaurants and entertainment. A must see!

Property location

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2851 S Ocean Blvd 7U, Boca Raton, FL 33432

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,497 sq ft
Flooring
Hardwood, Marble, Other, Wood
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Bathtub, Closet Cabinetry, Elevator, Garden Tub Roman Tub, Pantry, Split Bedrooms, Vaulted Ceilings, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
7
Architectural style
Penthouse
Construction
Brick, Block
Exterior features
Balcony, Courtyard, Other, Security High Impact Doors
Pool
Association
Waterfront
Other
View
Other, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Guest, Other

HOA, Community & Financials

Association fee
$1,200 Monthly
Fee inclusions
Association Management, Common Areas, Cable Tv, Internet, Maintenance Grounds, Maintenance Structure, Other, Parking, Recreation Facilities, Roof, Sewer, Trash, Water
Amenities
Bike Storage, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Trash, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Intercom
Pets allowed
Conditional, Yes
Annual tax
$7,325
Subdivision
PATRICIAN CONDO
County
Palm Beach
Days on market
10
MLS listing ID
A12017458
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$978

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.5%
Gross yield
9.1%
Mortgage payment
$2,650/mo
Down payment
$139,750
Loan amount
$419,250
Annual NOI
$20,068

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