Presenting this beautifully updated 3-bedroom, 2-bathroom pool home
in the highly desirable Tropic Palms neighborhood-just minutes from
the energy of Atlantic Avenue and Delray Beach, recently named
Florida's #1 Beach by USA Today for 2025. The home showcases a
series of thoughtful upgrades, including full impact windows and
doors, a renovated kitchen (2022), updated bathrooms (2019), and a
brand-new roof (2025). Upon entry, you're welcomed by a bright,
modern interior featuring LED lighting, an upgraded kitchen with
premium countertops, and a seamless blend of tile and luxury vinyl
flooring throughout. Additional improvements include an updated
electrical panel (2018) and a one-car garage. The private, fully
fenced backyard is designed for both relaxation and entertaining,
complete with a covered patio overlooking the pool,
professional landscape lighting, and a built-in indoor/outdoor
speaker system. Offered move-in ready, this property delivers
an ideal combination of comfort, style, and low-maintenance
living-perfect for primary residents, seasonal use, or investors
seeking strong rental potential. Schedule your private showing
today. DISCLAIMER: Information published or otherwise provided by
the listing company and its representatives, including but not
limited to prices, measurements, square footages, lot sizes,
calculations, statistics, and videos, is deemed reliable but is not
guaranteed and is subject to errors, omissions, or changes without
notice. All such information should be independently verified by
any prospective purchaser or seller. Parties should perform their
own due diligence prior to a sale or listing. The listing company
expressly disclaims any warranty or representation regarding such
information. Prices published reflect list price, sold price,
and/or last asking price. The listing company participates in the
Multiple Listing Service and IDX.
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.
Introducing this updated 3-bedroom, 2-bathroom pool home located in the highly sought-after Tropic Palms neighborhood, just minutes from Atlantic Avenue's vibrant downtown and Delray Beach--recently voted Florida's #1 Beach by USA Today for 2025 once again. This residence features impact windows and doors, a newly renovated kitchen (2022), fully remodeled bathrooms (2019), and a brand-new main roof installed in 2025. Upon entry, you're welcomed by modern upgrades including LED lighting that highlights the upgraded kitchen, premium countertops, and high-end tile and vinyl flooring throughout. Additional enhancements include a newer electrical panel (2018) and a 1-car garage. The fully fenced backyard is perfect for outdoor living and entertaining
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
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