Active · Condominium
$250,000
300 Scotia Dr 206, Hypoluxo, FL 33462
- Beds
- 2
- Baths
- 2
- Living area
- 1,147 sq ft
- $ / sq ft
- $218/sq ft
- Year built
- 2001
- Lot size
- —
- HOA fee
- $916 Monthly
- Annual tax
- $4,724
About this property
Welcome home to this cozy second floor condo with attached 1 car garage located in the beautiful waterfront community of Hypoluxo's Mariners Cay. Tucked away, ideally located on the end of the building and at the end of the road with walking access to the stunning water & private beach! Enjoy your morning coffee on your opened patio with tranquil nature views. Featuring laminate floors, granite countertops, stainless appliances, in-unit laundry, ample closet space. Gated resort-style community, with its own white sandy beach, clubhouse, pool, spa, gym & billiards. Maintenance fee includes strong reserves, exterior building insurance, roof repairs, water, trash, sewer, landscaping, amenities, fitness center, private beach access. Close to dining and entertainment, and both Lake Worth, Boynton Beach, 15 minutes from Atlantic Avenue, and a Marina next door offering boating options. 2 Pets allowed with a combined weight of 35lbs.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Disposal
- Microwave
- Refrigerator
- Washer
Cooling
- Central Air
Heating
- Central
Views
- Garden
Waterfront
- Intracoastal Access
Parking
- Assigned
- Attached
- Garage
- Guest
- One Space
Interior features
- Second Floor Entry
- First Floor Entry
- Living Dining Room
- Upper Level Primary
Exterior features
- Balcony
Pool
- Association
Flooring
- Tile
construction
- CBSConcrete Block Structure
- Block
security
- Complex Fenced
- Phone Entry
association_amenities
- Beach Rights
- Clubhouse
- Fitness Center
- Pool
association_fee_includes
- Association Management
- Common Areas
- Insurance
- Legal Accounting
- Maintenance Grounds
- Maintenance Structure
- Parking
- Pools
- Recreation Facilities
- Reserve Fund
- Roof
- Sewer
- Security
- Trash
- Water
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
-$164
- Cap rate
- 4.9%
- Net yield
- 4.9%
- Cash-on-cash return
- -2.8%
- Gross yield
- 13.2%
- Mortgage payment
- $1,185/mo
- Down payment
- $62,500
- Loan amount
- $187,500
- Annual NOI
- $12,256
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.