16070 Key Biscayne Lane, Westlake, FL 33470 — MLS photo

Get More Info About This Property

16070 Key Biscayne Lane, Westlake, FL 33470

Active · SingleFamilyResidence

$579,000

16070 Key Biscayne Lane, Westlake, FL 33470

Beds
2
Baths
2
Living area
1,677 sq ft
$ / sq ft
$345/sq ft
Year built
2021
Lot size
5,288 sq ft
HOA fee
$388
Annual tax
—

About this property

Don't miss out on this luxuriously appointed home in the highly sought-after Cresswind of Palm Beach +55 community. This 2 Bedroom, 2 Bathroom plus Den Lido model will not disappoint. Positioned on the perfect lot, this home boasts breathtaking and unobstructed water views which can be clearly seen from the comfort of the patio while peering through the picturesque, panoramic view panel screen. Inside you will find upgraded, modern decor throughout. The kitchen is highly functional as well as beautiful, including soft-close cabinets, double ovens, a gas stove, a large pantry, and an eat-in table with great natural light exposure. This home has plenty of storage with double walk-in closets in the primary suite and a 2 car garage. Cresswind offers wonderful amenities to lead an active and vibrant lifestyle, including a resort-style pool and spa, SmartFIT training center, Pickleball/Tennis, arts and crafts, dog park, and events room. The Full time Lifestyle Director ensures that the Calendar is full of events that match all areas of interest. Come take a look at this piece of paradise today.

Property location

Get Directions

16070 Key Biscayne Lane, Westlake, FL 33470

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,677 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2021
Lot size
5,288 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$388
County
Palm Beach
MLS listing ID
R11102551
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

-$237

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.8%
Gross yield
9.6%
Mortgage payment
$2,745/mo
Down payment
$144,750
Loan amount
$434,250
Annual NOI
$30,089

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