Off-Market Condo at 1020 Crystal Way, Delray Beach, FL 33444
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1020 Crystal Way, Delray Beach, FL 33444

Unit - #J

$350,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,446 per month, based on comparable local listings. Estimated long-term cap rate of -1.2%. Gorgeous 2 bed / 2 bath condo with water view within the highly sought after gated community of Bahia in Delray Beach (Incredible location - 5 minutes from Downtown Delray Beach /Atlantic Ave and the ocean). This 2nd-floor condo is beautifully upgraded with crown moldings in bedrooms, and includes cathedral ceilings (rare to find!) Contemporary kitchen cabinetry with granite countertops, stainless steel kitchen appliances, high end ceramic tile throughout main living areas, well maintained wood laminate flooring in both bedrooms, oversized windows providing a bright and airy feel, master bedroom with walk-in closet, additional ample storage space (outdoor closet and overhead attic), and more.

Property Information
Monthly Rent
$2,446
Monthly HOA
$670
Rental Policy
STR Restrictions
Yearly Taxes
$3300
Bedrooms
2
Bathrooms
2
SQFT
948
Furnished
N/A
Year built
1989
Listing Status
Off Market
MLS
F10483223

Long-term Rental Potential
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$29,352

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,446/mo

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