6289 Lear Dr 306, Lake Worth, FL 33462 — MLS photo

Active · Condominium

$165,000

6289 Lear Dr 306, Lake Worth, FL 33462

Beds: 1
Baths: 1
Living area: 540 sq ft
$ / sq ft: $306/sq ft
Year built: 1973
Lot size: —
HOA fee: $363 Monthly
Annual tax: $1,364

About this property

For Sale 1Bed/1Bath condo in Lake Worth. Third Floor unit in a very beautiful and peaceful condo with many amenities offered. The unit has a convenient floor plan with a big room and closets. Amenities include a clubhouse, gym, and pool. Plenty of parking spaces. AGENTS, PLEASE READ THE BROKER'S REMARKS BEFORE CALLING OR REQUESTING A SHOWING. Unit is with tenant until 05/09/26. Calls to listing agent ONLY DURING BUSINESS HOURS (M-F 9am-6pm).

Property location

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6289 Lear Dr 306, Lake Worth, FL 33462

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 540 sq ft
Flooring: Carpet, Tile
Appliances: Electric Range, Refrigerator, Self Cleaning Oven
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Living Dining Room
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1973
Stories: 4
Construction: Block
Exterior features: Balcony
Pool: Association
View: Canal

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Guest, One Space

HOA, Community & Financials

Association fee: $363 Monthly
Fee inclusions: Amenities, Common Areas, Sewer, Trash, Water
Amenities: Laundry, Other, Pool
Security: Other
Pets allowed: No
Annual tax: $1,364
Subdivision: MARINER IV CONDO
County: Palm Beach
Days on market: 1413
MLS listing ID: A11227579
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$75

Cap rate: 5.1%
Net yield: 5.1%
Cash-on-cash return: -2.0%
Gross yield: 10.4%
Mortgage payment: $782/mo
Down payment: $41,250
Loan amount: $123,750
Annual NOI: $8,481

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.