$302,395*
●
Property -
Off Market
2829 Florida Boulevard #105
Delray Beach, FL 33483
2 Beds
2 Baths
1,009 Ft²
$180,000 - $218,000
Reference Base Price*
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
''BRING YOUR BOAT'' TO THIS MOST SOUGHT AFTER HARBOR/WATERFRONT
COMMUNITY EAST OF FEDERAL HWY. DOCKAGE AVAILABLE FOR BOATS 20 TO
45' @ $11.00 A FT ''PER YEAR'' WOW!!1.1 MILE TO THE BEACH AND TO
DELRAYS FAMOUS AVENUE. BEST PRICED 1ST FL/SOME UPDATES/CORNER/EAST
EXPOSURE OVERLOOKING THE HEATED SALTWATER POOL/COVERED PARKING
RIGHT OUT THE FRONT DOOR/COVERED SCREENED PATIO>>VACATION
VIBE FEELING LOCATION-RESORT STYLE LIVING. ACTIVE SOCIAL CLUB/CARD
CLUB/GOLF CLUB/YACHT CLUB/BOOK CLUB-GYM-SAUNA-PUTTING
GREEN...MORE!! TENANT IN PLACE IF NEEDED.
The manager has listed the unit size as 1009 square feet.
The manager has listed the unit size as 1009 square feet.
Unit Size
1,009 Ft²
Days on Market
-
Land Size
-
Price per sqft
$198
Property Type
Property
Property Taxes
$233
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Mar 19, 2019 | Listed | $189,000 | |
| Listed | |||
| | |||
|
''MOST SOUGHT AFTER WATERFRONT/HARBOR COMMUNITY EAST OF FEDERAL HWY-1.1 MILE TO THE BEACH & NEAR THE ''THE AVE!'' IN THE MOST FUN SMALL TOWN IN THE US VOTED BY RAND McNALLY. FIRST FLOOR CORNER UNIT WITH COVERED PARKING OUTSIDE THE FRONT DOOR..YES, THIS HAS THE LOCATION + OVERLOOKS THE HEATED SALTWATER POOL FROM YOUR COVERED/SCREENED PATIO! VACATION VIBE FEELING UNIT. RESORT STYLE LIVING.
''BRING YOUR BOAT'' SLIPS AVAILABLE FOR BOATS 20'-45' @ $11.00 FT. ACTIVE SOCIAL CLUB, CARD & BOOK CLUB, YACHT & GOLF CLUB. 3 HEATED SALTWATER POOLS-GYM-SAUNAS-PUTTING GREEN-BBQ'S...MORE!!
| |||
| Sep 18, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $199,900 | |
| Listed | |||
| Sep 6, 2005 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$349,900
2 Bed
2 Bath
1200 ft²
|
$330,000
-5.69%
03/14/2025
|
Keith Dickman
RE/MAX Direct
| |
|
07/07/2023
|
1 Bed
|
1 Bath
|
690 ft²
|
$224,900
1 Bed
1 Bath
690 ft²
|
$221,500
-1.51%
08/18/2023
|
Angela M. Territo
Engel & Voelkers Delray Beach
| |
|
07/07/2023
| |
1 Bed
|
1.5 Bath
|
690 ft²
|
$224,900
1 Bed
1.5 Bath
690 ft²
|
-
-
|
Angela M. Territo
Engel & Voelkers Delray Beach
|
|
01/16/2021
|
2 Bed
|
2 Bath
|
1009 ft²
|
$299,999
2 Bed
2 Bath
1009 ft²
|
$286,500
-4.50%
03/22/2021
|
Shannon Zahn
Compass Florida LLC
| |
|
01/05/2021
|
2 Bed
|
2 Bath
|
1109 ft²
|
$269,950
2 Bed
2 Bath
1109 ft²
|
$260,000
-3.69%
04/30/2021
|
Kyle Cann
Premier Listings
| |
|
02/28/2020
|
2 Bed
|
2 Bath
|
1009 ft²
|
$200,000
2 Bed
2 Bath
1009 ft²
|
$178,000
-11.00%
07/10/2020
|
Christopher Calia
United Realty Group, Inc
| |
|
01/02/2020
|
2 Bed
|
2 Bath
|
1009 ft²
|
$235,000
2 Bed
2 Bath
1009 ft²
|
$230,000
-2.13%
04/02/2021
|
Diane C Keane
Coldwell Banker Realty /Delray Beach
| |
|
09/30/2019
|
2 Bed
|
2 Bath
|
1009 ft²
|
$169,000
2 Bed
2 Bath
1009 ft²
|
$140,000
-17.16%
06/12/2020
|
Jeanne Gawlas Johnston
Lang Realty/BR
| |
|
03/31/2019
|
2 Bed
|
2 Bath
|
1009 ft²
|
$235,000
2 Bed
2 Bath
1009 ft²
|
-
-
|
-
| |
|
03/19/2019
|
2 Bed
|
2 Bath
|
1100 ft²
|
$189,000
2 Bed
2 Bath
1100 ft²
|
$172,000
-8.99%
05/16/2019
|
Jeanne Gawlas Johnston
Lang Realty/BR
| |
|
10/19/2018
|
1 Bed
|
1 Bath
|
690 ft²
|
$144,900
1 Bed
1 Bath
690 ft²
|
$128,000
-11.66%
02/04/2019
|
Ron Meggison Jr
United Realty Group, Inc
| |
|
09/21/2018
|
1 Bed
|
1 Bath
|
690 ft²
|
$169,000
1 Bed
1 Bath
690 ft²
|
$161,000
-4.73%
05/03/2019
|
Diane C Keane
Coldwell Banker Realty /Delray Beach
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1009 ft²
|
$199,900
2 Bed
2 Bath
1009 ft²
|
$172,000
-13.96%
05/23/2019
|
Jeanne Gawlas Johnston
| |
|
12/12/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$239,000
2 Bed
2 Bath
1100 ft²
|
$229,000
-4.18%
05/24/2018
|
Jeanne Johnston
Lang Realty/BR
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1009 ft²
|
-
2 Bed
2 Bath
1009 ft²
|
-
-
|
-
|
|
01/14/2015
|
2 Bed
|
2 Bath
|
1009 ft²
|
$199,000
2 Bed
2 Bath
1009 ft²
|
$192,500
-3.27%
06/02/2015
|
Diane C Keane
Coldwell Banker Realty /Delray Beach
| |
|
02/16/2014
|
2 Bed
|
2 Bath
|
1050 ft²
|
$142,000
2 Bed
2 Bath
1050 ft²
|
$136,000
-4.23%
06/16/2014
|
Jeanne Gawlas Johnston
Lang Realty/BR
| |
|
02/11/2014
|
2 Bed
|
2 Bath
|
1200 ft²
|
$139,900
2 Bed
2 Bath
1200 ft²
|
$141,500
+1.14%
08/07/2014
|
Jeanne Johnston
Lang Realty/BR
| |
|
12/09/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$115,000
2 Bed
2 Bath
1100 ft²
|
$100,000
-13.04%
05/28/2014
|
Sallie Poletto-Cavanaugh
P&S Group Inc.
| |
|
11/04/2013
|
1 Bed
|
1 Bath
|
730 ft²
|
$108,000
1 Bed
1 Bath
730 ft²
|
$103,000
-4.63%
03/20/2014
|
Jeanne Johnston
Lang Realty/BR
| |
|
01/23/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$128,000
2 Bed
2 Bath
1200 ft²
|
$119,900
-6.33%
03/02/2012
|
Randy Tedder
Lenson Realty
|
Building Info
2829 Florida Boulevard
2829 Florida Boulevard, Delray Beach, FL 33483
- 2 Units for Sale
About Tropic Bay Condominiums
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