1885 Palm Cove Boulevard 10-307, Delray Beach, FL 33445 — MLS photo

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1885 Palm Cove Boulevard 10-307, Delray Beach, FL 33445

Active · Condominium

$300,000

1885 Palm Cove Boulevard 10-307, Delray Beach, FL 33445

Beds
3
Baths
2
Living area
1,079 sq ft
$ / sq ft
$278/sq ft
Year built
1992
Lot size
—
HOA fee
$745 Monthly
Annual tax
$4,179

About this property

Welcome to Verano, an exclusive gated community, perfectly situated close to Rt 95 and just a short drive to vibrant downtown Delray Beach. This charming 3-bedroom, 2-bath residence offers stunning lake views, creating a serene and peaceful atmosphere right outside your window. Enjoy all the amenities this community has to offer, including tennis courts, a lakefront community pool/spa, tennis, exercise room, jogging path and car wash area. Whether you're a young professional seeking a stylish and convenient lifestyle or a small family looking for a safe and inviting neighborhood, this home is the perfect fit. Don't miss the chance to live in a location that combines tranquility with accessibility, providing easy access to beaches, shopping, dining, and entertainment.

Property location

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1885 Palm Cove Boulevard 10-307, Delray Beach, FL 33445

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,079 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Family Dining Room, High Ceilings, Living Dining Room, Main Living Area Entry Level, Shower Only, Tub Shower, Walk In Closets, Bay Window
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1992
Stories
3
Lot size
0 sq ft
Architectural style
One Story
Roof
Flat, Spanish Tile, Tile
Construction
Brick, Block
Exterior features
Balcony, Barbecue, Tennis Courts
Pool
None, Association, Community, Heated
Spa
Community
View
Lake, Water

Parking

Covered spaces
0
Parking features
Common, Guest, Open

HOA, Community & Financials

Association fee
$745 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Legal Accounting, Parking, Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
Amenities
Clubhouse, Controlled Access, Fitness Center, Management, Maintenance, Pool, Spa Hot Tub, Tennis Courts, Trails, Vehicle Wash Area
Security
Complex Fenced, Security Gate, Smoke Detectors
Pets allowed
No
Annual tax
$4,179
Subdivision
VERANO AT DELRAY CONDO
County
Palm Beach
Days on market
94
MLS listing ID
B26036587
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

-$200

Cap rate
4.9%
Net yield
4.9%
Cash-on-cash return
-2.9%
Gross yield
11.1%
Mortgage payment
$1,422/mo
Down payment
$75,000
Loan amount
$225,000
Annual NOI
$14,665

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