Interior
- Bedrooms
- 0
- Bathrooms
- 0
- Living area
- 0 sq ft
Active · SingleFamilyResidence
$2,000,000
69 Armadillo Way, West Palm Beach, FL 33411
- Beds
- 0
- Baths
- 0
- Living area
- 0 sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Vacant land. Incredible 5.04-acre waterfront property featuring approx. 3.04 acres of upland and a 2.00-acre private road easement. Fully fenced and gated, with 600 feet of water frontage on the C-51 Canal, a navigable waterway maintained by the U.S. Army Corps of Engineers. Riparian rights included, allowing the opportunity to build a private dock and keep your boat in your backyard. The deeded 60-ft private road offers rare privacy and control. Ideal for adding a gated entrance. No HOA. Located near Southern Blvd and the Turnpike, just 15 mins to PBI Airport. Sail to Lake Osborne. A truly one-of-a-kind, build-ready site in a rapidly developing area. Survey can be found under ''documents''.
Property location
Get Directions69 Armadillo Way, West Palm Beach, FL 33411
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- R11092309
- 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
-$3,914
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $9,481/mo
- Down payment
- $500,000
- Loan amount
- $1,500,000
- Annual NOI
- $66,800
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.