3124 Spanish Trl, Delray Beach, FL 33483 — MLS photo

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3124 Spanish Trl, Delray Beach, FL 33483

Active · Townhouse

$629,500

3124 Spanish Trl, Delray Beach, FL 33483

Beds
2
Baths
3
Living area
1,612 sq ft
$ / sq ft
$391/sq ft
Year built
1980
Lot size
—
HOA fee
—
Annual tax
—

About this property

Prime East Delray Beach Townhouse living with NO HOA. Rare opportunity in Marinello Estates, featuring a spacious sitting room master suite, an attached garage, new roof 2023.This versatile property is ideal for homeowners or investors looking for high rental flexibility near downtown Delray and Boca Raton. Please contact co listing agent Monica Tedesco -561-702-1041 to schedule a showing. Furniture is negotiable..

Property location

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3124 Spanish Trl, Delray Beach, FL 33483

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,612 sq ft

Exterior & Structure

Property type
Townhouse
Year built
1980

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
A12091441
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

-$178

Cap rate
5.3%
Net yield
5.3%
Cash-on-cash return
-1.2%
Gross yield
8.8%
Mortgage payment
$2,984/mo
Down payment
$157,375
Loan amount
$472,125
Annual NOI
$33,668

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