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Spacious 2-bedroom, 2-bath condo with an additional office/storage space, located on the second floor in a well-established Delray Beach community. This unit offers a functional layout with generous living and dining areas, ample natural light, and great potential for future updates. Ideal for investors, the property is currently rented at $2,274 per month with a strong, long-term tenant in place. The lease is set to renew on March 31st with a planned rent increase, providing immediate and growing cash flow from day one. The HOA fee is $630/month. Conveniently located near shopping, dining, major roadways, and everyday essentials, with easy access to I-95, beaches, downtown Delray, and key amenities. The community offers a quiet residential setting while remaining close to everything Delray Beach has to offer. Whether you are looking for a stable income-producing investment or a property with upside potential in a desirable rental market, this condo presents a compelling opportunity. Tenant occupied. Showings by appointment only.
FORECLOSURE
This listing may be a bank owned (foreclosed) property.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/20/2026 |
|---|---|---|---|
| TRACT | DELRAY OAKS CONDO | YEAR BUILT | 1980 |
| COMMUNITY | 4550 | GARAGE SPACES | 1.0 |
| COUNTY | Palm Beach | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| ADULT COMMUNITY | Yes |
|---|---|
| AIR | Ceiling Fan(s) |
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Water Heater, Microwave, Refrigerator |
| AREA | 4550 |
| CONSTRUCTION | BLOCK |
| GARAGE | Yes |
| HEAT | CENTRAL |
| HOA DUES | 630 |
| INTERIOR | Walk-In Closet(s) |
| LOT | 0 |
| PARKING | Guest |
| STORIES | 2 |
| SUBDIVISION | DELRAY OAKS CONDO |
| TAXES | 4118 |
| VIEW | Yes |
| VIEW DESCRIPTION | Garden, Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
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*Estimate only
| SATELLITE VIEW |
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Listed with Avanti Way Brickell
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