6731 Donald Ross Road, Palm Beach Gardens, FL 33418 — MLS photo

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6731 Donald Ross Road, Palm Beach Gardens, FL 33418

Active · SingleFamilyResidence

$4,936,000

6731 Donald Ross Road, Palm Beach Gardens, FL 33418

Beds
4
Baths
4
Living area
4,000 sq ft
$ / sq ft
$1,234/sq ft
Year built
1981
Lot size
55,800 sq ft
HOA fee
—
Annual tax
—

About this property

Good place to park some money rather than vacant land. For sale strictly as an income/investment/land bank property only. Not for occupancy or use by a buyer as the sale will be subject to a 5 year lease with the current owner as tenant with an additional 5 year option. Tenant pays $15,000/month plus real estate taxes, renters insurance, utilities, lawn, pest, A/C, roof & pool maintenance. Great place to park some money in quality real estate with guaranteed income & 100% occupancy. Possible future limited commercial potential.

Property location

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6731 Donald Ross Road, Palm Beach Gardens, FL 33418

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
4,000 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1981
Lot size
55,800 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R10885252
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

-$15,397

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.4%
Gross yield
5.1%
Mortgage payment
$23,399/mo
Down payment
$1,234,000
Loan amount
$3,702,000
Annual NOI
$96,023

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