EXCELLENT COMMERCIAL TITLE INVESTMENT OPPORTUNITY WITH STABLE TENANT FACING THE COURTS AT LAVERS RESORT
825 Egret Circle #206, Delray Beach, FL, Delray Beach, FL, 33444, US
CondoStatus: active
$193,500
Estimated annual taxes: $3,444
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1 Bedrooms
1 Bathrooms
798 ft² · 74 m²
— Garages
About this property
Maximize your real estate portfolio with 825 Egret Circle #206, a 798 ft² condominium with excellent financial performance, located in the sought-after sports community of Lavers Resort & Racquet Club in Delray Beach. Priced at an opportunity price of $193,500 due to its foreclosure status, this 1982 property offers 1 bedroom and 1 bathroom. Although it is in original condition ready to be remodeled to your taste, it represents an ideal investment asset as it includes an exemplary tenant with an impeccable track record of timely payments. With a balcony overlooking the tennis courts, one of the lowest HOA fees on the market, and located in Palm Beach County near prestigious schools and beaches, this is a unique opportunity to generate income from day one of purchase.
Technical details & MLS (USA)
Year built: 1982
Stories: 1
Lot size: 0 ft²
Zoning: Residential / Condo - Racquet Club (Lavers Resort & Racquet Club)
MLS area: 4480
Special notes: LAVERS RESORT & RACQUET CLUB
Environment
Nearby schools
- ElementaryPine Grove
- MiddleCarver Community
- High SchoolBoca Raton
Location on Google Maps
Open in MapsDetails & Features
Financial information
Annual taxes:$3,444
HOA fee:$150 (Mensual)
Additional features
-Immediate and Reliable Cash Flow: The unit represents an excellent turnkey investment opportunity financially, as it has a highly punctual tenant who pays rent on time every month like clockwork and wishes to stay long-term. -Views and Balcony: The apartment features a private exterior balcony facing directly towards the tennis courts of the complex, located in an area with very high rental demand. -Interior Layout: Functional floor plan of 798 ft² equipped with a walk-in closet in the master bedroom. -Equipment: Includes a dishwasher, garbage disposal, dryer, electric water heater, stove/oven, and refrigerator. -Sports Complex and Amenities: Located in the desirable development of Lavers Resort & Racquet Club, a community with a strong focus on tennis. The HOA maintenance fee is notably low ($150 per month) and includes cable TV, trash collection, and water service. -Climate Control and Connected Services: Equipped with a central electric air conditioning system and central heating system. -Infrastructure: Connected to public water supply and natural gas available in the area. The listing reports waterfront specifications.