$479,835 - $515,000
RENTED FEB 15, 2025

120 Ocean Cay Way Hypoluxo, FL 33462

3 Beds
2.5 Baths
2,089 Sq Ft
$236 Price per Sq Ft

Last Sold April 19, 2021

Last sale price $335,000 $160 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,150/month

Highlights

  • Property fronts an intracoastal waterway
  • Garden View
  • Den
  • Gated Community
  • Community Pool
  • Balcony

About This Home

As of February 2025

*FRESHLY PAINTED IN A NEUTRAL COLOR* Beautiful townhome located in the waterfront community of Ocean Cay conveniently located in the quiet town of Hypoluxo. 3 bedroom 2 1/2 bath with den/office on the 1st floor. The Ocean Cay community has a private beach on the intracoastal where you can kayak, paddle board or just sit and relax and watch the boats go by. Only 15 minutes by car to downtown delray where you can enjoy all that Delray has to offer without being right in the middle of it all. 5 minutes to the famous Key lime house and only 8 minutes by car to the beach. Pets are welcome but no aggressive breads. Interior has completely repainted!!!

Last Agent to Rent the Property

Chrissie Ramge

Lang Realty/Delray Beach License #3328385 Listed on: 12/17/2024

Lang Realty/Delray Beach

Co-Listed By

Elizabeth DeAngelo

Lang Realty/Delray Beach License #3330718

Lang Realty/Delray Beach

Last Renter's Agent

Elizabeth DeAngelo

Lang Realty/Delray Beach License #3330718

Lang Realty/Delray Beach

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,465

Year Built

  • Built in 2003

Lot Details

  • Property fronts an intracoastal waterway
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 120th floor

Interior Spaces

  • 2,089 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Den
  • Garden Views
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Porch

Schools

  • Lantana Community Middle School
  • Boynton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 2/1/25
  • Assessor Parcel Number 26434510260000210

Community Details

Overview

  • Ocean Cay Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,465

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2025-02-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Federal hwy to ocean cay community
  • Year Built: 2003
  • Entry Level: 120
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2089.0
  • Dining Room Type: Den, Laundry

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Disclosures: Pet on Property
  • Patio And Porch Features: Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate, Phone Entry, Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: Yes

Schools

  • High School: Boynton Beach
  • Middle Or Junior School: Lantana Community

Lot Info

  • Parcel #: 26434510260000210
  • Land Lease Amount Frequency: Monthly
  • Lot Size: < 1/4 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Apr 19, 2021
Sold by
Joyce John W
Bought by
Zhu Yi and Zhu Jingyin
Seller's Agent
Elizabeth DeAngelo
Lang Realty/Delray Beach
Buyer's Agent
Meghan Gawlas
Azure Real Estate
Sold Price
$2,600
Current Estimated Value
$492,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,859
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Feb 22, 2008
Sold by
Joyce John W
Bought by
Joyce John W

Purchase Details

Closed on
Mar 23, 2007
Sold by
Dobbs Robert B
Bought by
Joyce John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2006
Sold by
Cohen Alan L
Bought by
Dobbs Robert B

Purchase Details

Closed on
Jun 29, 2006
Sold by
Muellenhagen Lauris B
Bought by
Cohen Alan L

Purchase Details

Closed on
Dec 30, 2004
Sold by
Cohen Alan L
Bought by
Muellenhagen Lauris B

Purchase Details

Closed on
Mar 26, 2004
Sold by
Kaplan Gary
Bought by
Cohen Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Centex Homes
Bought by
Kaplan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,100
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhu Yi $335,000 Title Xperts Llc
Zhu Yi $335,000 New Title Company Name
Joyce John W $350,000 Attorney
Joyce John W $360,000 Attorney
Dobbs Robert B -- None Available
Cohen Alan L -- None Available
Muellenhagen Lauris B -- --
Cohen Alan L $360,000 Corporate Title Inc
Kaplan Gary $326,458 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joyce John W $288,000
Previous Owner Cohen Alan L $288,000
Previous Owner Kaplan Gary $310,100
Closed Cohen Alan L $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Rented $3,300 -5.7% --
01/15/2025 01/15/25 Under Contract -- -- --
12/17/2024 12/17/24 For Rent $3,500 0.0% --
01/25/2023 01/25/23 Rented $3,500 0.0% --
01/01/2023 01/01/23 Under Contract -- -- --
11/14/2022 11/14/22 For Rent $3,500 +34.6% --
06/15/2021 06/15/21 Rented $2,600 0.0% --
05/16/2021 05/16/21 Under Contract -- -- --
04/28/2021 04/28/21 For Rent $2,600 0.0% --
04/19/2021 04/19/21 Sold $335,000 -1.5% $167 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $340,000 -- $169 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,465 $388,410 -- --
2023 $5,886 $353,100 $0 $0
2022 $5,422 $321,000 $0 $0
2021 $3,749 $253,434 $0 $0
2020 $3,725 $249,935 $0 $0
2019 $3,677 $244,316 $0 $0
2018 $3,489 $239,761 $0 $0
2017 $3,476 $234,830 $0 $0
2016 $3,527 $230,000 $0 $0
2015 $3,915 $191,180 $0 $0
2014 $3,672 $173,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11045673

BeachesMLS

APN: 26-43-45-10-26-000-0210