3220 Frederick Boulevard 49u, Delray Beach, FL 33483 — MLS photo

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3220 Frederick Boulevard 49u, Delray Beach, FL 33483

Active · Condominium

$250,000

3220 Frederick Boulevard 49u, Delray Beach, FL 33483

Beds
2
Baths
2
Living area
899 sq ft
$ / sq ft
$278/sq ft
Year built
1984
Lot size
—
HOA fee
$780
Annual tax
—

About this property

Just bring your toothbrush & your favorite bottle of wine! This one is completely move-in ready! Welcome to one of Boca's best turnkey opportunities with all the major updates already done: new roof (2023), water heater (2023), and AC (2024). This bright, open-concept floor plan features a desirable split-bedroom layout for added privacy. Both bathrooms have been beautifully remodeled, and new recessed lighting brightens the bedrooms. Relax on your private balcony overlooking peaceful garden views. Enjoy the convenience of an in-unit washer & dryer, two assigned parking spaces, & plenty of guest parking. HOA includes cable. Located in Delray Beach but zoned for sought-after Boca schools, just minutes from I-95, beaches, shopping, dining, and nightlife.

Property location

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3220 Frederick Boulevard 49u, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
899 sq ft

Exterior & Structure

Property type
Condominium
Year built
1984
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$780
County
Palm Beach
MLS listing ID
B26035984
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

-$431

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.4%
Gross yield
11.1%
Mortgage payment
$1,185/mo
Down payment
$62,500
Loan amount
$187,500
Annual NOI
$9,045

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