Condo in Delray Beach, FL 33445

Delray Oaks, 2906 SW 21st Ter #312D

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.