2425 Presidential Way 705, West Palm Beach, FL 33401 — MLS photo

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2425 Presidential Way 705, West Palm Beach, FL 33401

Active · Condominium

$165,000

2425 Presidential Way 705, West Palm Beach, FL 33401

Beds
1
Baths
2
Living area
898 sq ft
$ / sq ft
$184/sq ft
Year built
1974
Lot size
—
HOA fee
$850 Monthly
Annual tax
$2,074

About this property

Very Special, 100% update very spacious and well kept large 1 bdrm w/master ensuite + 2nd guest bath. Enjoy living space and a private balcony offering 180 degree panoramic views over West Palm Beach Skyline and the golf course! Stainless steel appliances. Master suite includes a large walk-in closet and sliding glass doors to the balcony. The Jefferson Tower features a secure lobby with doorman, heated pool, fitness room, social room, on-site manager and reserved parking. 40 YEAR CERTIFICATION IS DONE , immediate rental, Pets allowed. 25 pounds EASY TO SHOW

Property location

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2425 Presidential Way 705, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
898 sq ft
Flooring
Tile
Appliances
Electric Water Heater, Freezer, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, First Floor Entry, Main Level Primary

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
20
Lot size
0 sq ft
Construction
Block
Exterior features
Balcony, Fence
Pool
Association, Community
View
Garden, Other

Parking

Covered spaces
0

HOA, Community & Financials

Association fee
$850 Monthly
Fee inclusions
Insurance, Recreation Facilities, Sewer, Security, Trash, Water
Amenities
Pool, Security
Security
Fire Alarm, Fenced, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$2,074
Subdivision
LANDS OF THE PRESIDENT C
County
Palm Beach
Days on market
580
MLS listing ID
F10493106
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

-$42

Cap rate
5.4%
Net yield
5.4%
Cash-on-cash return
-1.1%
Gross yield
15.1%
Mortgage payment
$782/mo
Down payment
$41,250
Loan amount
$123,750
Annual NOI
$8,882

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