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Map
$325,000
●
Condo -
In Contract
1825 Palm Cove Blvd #7209
Delray Beach, FL 33445
2 Beds
2 Baths
1086 Sqft
$2,382
Estimated Monthly
$512
HOA / Fees
6.70%
Cap Rate
About This Property
Perfect investment property with excellent Tenant in-place that has
paid the entire year up front $31,800 @ $2650 mo. currently
operating at a 7% cap rate!! Newly updated, 2 Bedroom 2 Bath condo
in the heart of Delray Beach. Spacious floorplan with formal dining
area and separate family room allows for a very cozy feeling,
vaulted ceilings in master bedroom, light and bright with abundant
windows, and plenty of storage including an outside storage room.
Verano at Delray is a Gated community for all ages featuring resort
worthy amenities, a clubhouse, pool, and fitness center.
Unit Size
1,086Ft²
Days on Market
-
Land Size
-
Price per sqft
$299
Property Type
Condo
Property Taxes
$274
HOA Dues
$512
Year Built
-
Listed By
Last updated: 7 days ago (Beaches MLS #F10407566)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Price Decreased |
$325,000
↓ $15K
(4.4%)
|
|
| Price Decreased | |||
| Jan 5, 2024 | Price Decreased |
$340,000
↓ $5K
(1.5%)
|
|
| Price Decreased | |||
| Nov 1, 2023 | Listed by RPM LUXE REALTY | $345,000 | |
| Listed by RPM LUXE REALTY | |||
Property Highlights
Parking Available
Parking Details
Parking Features: 2 Or More Spaces, Guest Parking, Open Space Parking
Interior Details
Bathroom Information
Full Bathrooms: 2
Interior Information
Interior Features: First Floor Entry
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Icemaker, Microwave, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer Hook-Up
Laundry Appliances: Washer and Dryer
Flooring Type: Other Floors
Exterior Details
Property Information
Listing Terms: Cash
Building Information
Construction Type: Concrete Block Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $3,284
Tax Year: 2023
Compensation to Buyers Agent: 2.5%
Compensation to Transaction Broker: 2.5%
Possession Information: At Closing
Utilities Details
Heating Type: Central Heat, Electric Heat
Cooling Type: Ceiling Fans, Central Cooling, Electric Cooling
Location Details
Subdivision Complex Building: Verano Delray
HOA Details
HOA Fee: $512 Monthly
1825 Palm Cove Blvd #7209, Delray Beach, FL, 33445
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,132 ft²
$261/ft²
$295,000
Aug 14, 2023
$295,000
Sep 28, 2023
$479/mo
Condo
2
Beds
2
Baths
1,167 ft²
$240/ft²
$280,000
Mar 11, 2024
$280,000
Apr 4, 2024
$729/mo
Sold
Condo
2
Beds
2
Baths
978 ft²
$289/ft²
$283,000
Nov 6, 2023
$283,000
Jan 26, 2024
$951/mo
Sold
Condo
2
Beds
2
Baths
1,183 ft²
$249/ft²
$295,000
Oct 19, 2023
$295,000
Dec 4, 2023
$802/mo
Condo
2
Beds
2
Baths
1,126 ft²
$222/ft²
$250,000
Aug 24, 2023
$250,000
Oct 6, 2023
$580/mo
Condo
2
Beds
2
Baths
1,296 ft²
$238/ft²
$309,000
Oct 30, 2023
$309,000
Nov 28, 2023
$1,097/mo
Condo
2
Beds
2
Baths
1,009 ft²
$312/ft²
$315,000
Apr 2, 2024
-
$894/mo
Condo
2
Beds
2
Baths
1,155 ft²
$286/ft²
$330,000
Mar 27, 2024
-
$1,077/mo
Condo
2
Beds
2
Baths
1,167 ft²
$231/ft²
$269,900
Feb 9, 2024
-
$796/mo
Condo
2
Beds
2
Baths
1,167 ft²
$230/ft²
$268,800
Oct 23, 2023
-
$657/mo
Active
Condo
2
Beds
2
Baths
1,191 ft²
$251/ft²
$299,000
Dec 12, 2023
-
$1,065/mo
Condo
2
Beds
2
Baths
1,167 ft²
$227/ft²
$265,000
May 30, 2023
-
$855/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/05/2023
|
1 Bed
|
1 Bath
|
672 ft²
|
$199,000
1 Bed
1 Bath
672 ft²
|
-
-
|
-
|
Patricia M Tracey
A R E A Arise Real Estate Advisors
|
|
|
07/05/2022
|
2 Bed
|
2 Bath
|
992 ft²
|
$297,000
2 Bed
2 Bath
992 ft²
|
-
-
|
-
|
Barbara Savalli
BHHS EWM Realty
|
|
|
03/08/2022
|
1 Bed
|
1 Bath
|
672 ft²
|
$179,500
1 Bed
1 Bath
672 ft²
|
-
-
|
-
|
Patricia M Tracey
A R E A Arise Real Estate Advisors
|
|
|
03/05/2021
|
1 Bed
|
1 Bath
|
702 ft²
|
$147,000
1 Bed
1 Bath
702 ft²
|
-
-
|
-
|
-
|
|
|
10/18/2020
|
3 Bed
|
2 Bath
|
1188 ft²
|
$160,000
3 Bed
2 Bath
1188 ft²
|
-
-
|
-
|
Komal Acharya
Keller Williams Realty CS
|
|
|
03/09/2020
|
Loft
|
2 Bath
|
1079 ft²
|
$169,900
Loft
2 Bath
1079 ft²
|
-
-
|
-
|
-
|
Building Info
1825 Palm Cove Boulevard
1825 Palm Cove Boulevard, Delray Beach, FL 33445
- 1 Unit for Sale
About Verano at Delray Condominiums
Similar Homes for Sale
$265,000
- 2 Beds
- 2 Baths
- 1,167 ft²
$299,000
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- 2 Baths
- 1,191 ft²
Nearby Rentals
Listed by: Rodger Morelli
RPM LUXE REALTY
Last Updated: 7 days ago
Data Source: Beaches MLS, MLS# F10407566
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
RPM LUXE REALTY
Last Updated: 7 days ago
Data Source: Beaches MLS, MLS# F10407566
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
