Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 985 sq ft
Active · Condominium
$264,900
2851 S Ocean Boulevard 7s, Boca Raton, FL 33432
- Beds
- 1
- Baths
- 1
- Living area
- 985 sq ft
- $ / sq ft
- $269/sq ft
- Year built
- 1980
- Lot size
- —
- HOA fee
- $1,100
- Annual tax
- —
About this property
Rare opportunity in a prime East Boca Raton beachside location! This residence offers a blank canvas with the perfect opportunity for a complete custom renovation — ideal for an investor, contractor, or buyer ready to create their dream coastal retreat. Enjoy southern facing ocean views and stunning daily sunsets from the expansive open-air balcony. This boutique building features 9-ft ceilings, covered parking, additional storage, onsite security, fitness center, social room, and resort-style pool with BBQ area. Just steps to Deerfield Beach dining, shopping, and well renowned international fishing pier. Just minutes to downtown Boca Raton, Brightline, I-95, Turnpike, and Delray Beach. Convenient access to PBI and FTL airports and so much more!
Property location
Get Directions2851 S Ocean Boulevard 7s, Boca Raton, FL 33432
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1980
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,100
- County
- Palm Beach
- MLS listing ID
- B26037063
- 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
-$679
- Cap rate
- 2.6%
- Net yield
- 2.6%
- Cash-on-cash return
- -11.0%
- Gross yield
- 11.3%
- Mortgage payment
- $1,256/mo
- Down payment
- $66,225
- Loan amount
- $198,675
- Annual NOI
- $6,924
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.