1000 Scotia Dr Apt 204 Apt 204
16.3 · Low
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1000 Scotia Dr Apt 204 Apt 204

Hypoluxo · Palm Beach County · FL 33462

condo days on market

Property Details

List Price$325,000
Bedrooms2
Bathrooms2
Living Area872 sqft
Lot Size
Year Built2001
Listed2026-05-03

Investment Estimate

Est. Monthly Rent$2,763/mo
Est. Cap Rate10.20%
Gross Rent Multiplier9.8

Description

Enjoy South Florida living in this light-filled 2BD/2BA condo in Mariner's Cay; a gated, resort-style Intracoastal community. This split-bedroom floor plan features 18" tile laid on the diagonal throughout, large windows and sliders for abundant natural light, a spacious balcony, and an open layout ideal for both everyday living and entertaining. The kitchen is appointed with granite countertops, classic white subway tile backsplash, white cabinetry, a deep stainless steel sink, Samsung stainless steel appliances, and a pantry. Situated just off the kitchen you will find a convenient laundry area, plus a dedicated office nook providing added functionality - perfect for remote work or additional storage. The primary suite offers a walk-in closet and an ensuite bath with granite dual-sink vanity and tub/shower combination. A pocket door off the main living area opens to a private guest suite with a walk-in closet and full bath featuring a quartz-top vanity and tub/shower combo. Updates include a 2023 roof, 2018 A/C, and 2022 water heater. Mariner's Cay offers residents a true coastal lifestyle with private beach and waterfront clubhouse with pool, spa, fitness center, billiards room and more - all just minutes from beaches, airports, dining and entertainment. Don't miss this opportunity to live in one of the area's premier waterfront communities!

Source: realtor.com · ID: palm-beach-realtor-5915189556 · Last seen: 5/3/2026

Score Breakdown

Composite score:16.3/ 100

Each factor is normalized 0–100 within its county (percentile rank). Contributions show how many points each factor added to the composite score.

Cap Rate(weight 35%)
34.0contributes +11.9 pts

Estimated annual rent yield relative to list price, normalized within county.

Population Growth(weight 20%)
22.0contributes +4.4 pts

Zip-level YoY population growth from Census ACS estimates.

Employment Growth(weight 15%)
50.0contributes +7.5 pts

Metro-level employment and wage growth from BLS QCEW data.

Price Trend(weight 15%)
0.0contributes +0.0 pts

Zip-level YoY median sale price change from Redfin Data Center.

Flood Penalty(weight 15%)
50.0contributes -7.5 pts

FEMA NFHL flood zone severity. Lower is better (0 = no risk, 100 = high risk).

Sub-scores reflect data available at scoring time. Market, demographic, and employment data cached up to 30 days — see footer for freshness.