Enjoy the best of South Florida living in this charming,
Contemporary-style home ideally located in East Delray Beach, just
minutes from the beach, vibrant downtown Delray, and major roadways
including I-95, US-1, and A1A. This fully remodeled 3-bedroom,
2-bathroom home combines modern updates with a fantastic outdoor
space. The beautifully renovated kitchen features brand-new
cabinetry, countertops, and a full suite of LG appliances. Both
bathrooms have been completely remodeled, and additional upgrades
include new interior doors, updated plumbing and lighting, new
ceiling fans, and closets with built-in organization. Major
improvements include a new roof installed in August 2023, an A/C
system from 2020, and fresh interior and exterior paint. The home
also features a new automatic garage door and a brand-new Samsung
washer and dryer with warranty. Relax in the beautiful, enclosed
porch with glass windows, new tile flooring, and a wall-mounted A/C
unit-perfect for enjoying the space year-round. Outside, the large,
fully fenced backyard offers new landscaping, an automatic
sprinkler system, and plenty of room to create your own private
oasis, with potential to extend the home or add a pool. A fantastic
opportunity to own a beautifully updated home in a highly desirable
East Delray Beach location, close to everything that makes coastal
living so special!
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.
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
Flooring Type: Ceramic Tile, Tile, Vinyl, Wood
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
Rooms: 7
Exterior Details
Square Footage: 1446
Square Footage Source: $0
Security Features: Security System Owned, Security System, Smoke Detector(s), MotionDetectors
Property Condition: Resale
Architectural Style: Colonial, Ranch, Traditional
Year Built: 1970
Waterfront Features: None
Building Area Total: 1746
Levels: One
Window Features: Sliding
Construction Materials: Block, Concrete, CBSConcreteBlockStructure
Patio and Porch Features: Covered, Patio, Porch, Screened
Lot Features: SprinklersAutomatic, SprinklersManual, SprinklerSystem, LessThanQuarterAcre
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: 0.20 ACRES
Water Source: Public
Financial Details
Tax Annual Amount: $9,897
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Overview
General
Year Built:
1970
Effective Year Built:
2000
Building Count:
1
Bedroom Count:
0
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Building Condition:
6
Building Quality:
10
Construction Type:
12
Building Style:
0
Exterior Walls Type:
7
Interior Walls Type:
3
Roof Shape Type:
7
Roof Cover Type:
4
Floor Count:
100
Living Units:
1
Floor Cover:
9
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
240
Parking Space Count:
1
Patio Type:
5
Porch Type:
89
Pool Type:
0
Dimensions
Lot Size Square Feet:
8,712
Lot Size Depth Feet:
1,080
Lot Size Frontage Feet:
810
Total Building Area:
1,746
Gross Building Area:
1,746
Building Area:
1,230
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
4
Heated Square Feet:
1,230
Heating Fuel Type:
2
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
TROPIC PALMS PLAT NO 1
Land Acres:
0000000200
Standard Land Use Code:
1001
County Land Use Code:
0100
Legal Description 1:
TROPIC PALMS PLAT NO 1 LT 186
Neighborhood
School District Name:
Palm Beach County School District
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