1 / 72220 Macfarlane Drive # 505, Delray Beach FL 33483
Delray Beach, FL
List Price
$899,900
Type
Condo / Townhome
Bedrooms
2
Bathrooms
2
Price / SqFt
$511/sqft
Price reduction
20% below original list — was $1,125,000
Property Information
- Square Feet
- 1,760
- Units
- 1
- Days on Market
- 529
- Status
- active
Location
- County
- Palm Beach County
- Zip Code
- 33483
- Coordinates
- 26.4575, -80.0636
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
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Why this deal
- 20% off original list price
- Value-add opportunity
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
55/100
Fair
is scored →
20.0% off original list (full marks at 25%+).
529 days on market (full marks at 120+ — more time = more leverage).
$511/sqft vs area median $335/sqft. Lower can mean value — or lower condition/location. Verify.
No explicit distress language in the public remarks.
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.
Deal calculator
Value-add deal calculator
220 Macfarlane Drive # 505, Delray Beach FL 33483, Delray Beach, FL
Recommended max offer
$717,100
Spread vs list (room below list)
$182,800
70% rule MAO
$717,100
Margin-based MAO
$829,600
Est. all-in basis
$787,500
Projected profit
$337,500
Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.