Cays Realty
1501 S Flagler Drive 3a, West Palm Beach, FL 33401 — MLS photo

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1501 S Flagler Drive 3a, West Palm Beach, FL 33401

Active · Condominium

$750,000

1501 S Flagler Drive 3a, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,125 sq ft
$ / sq ft
$667/sq ft
Year built
1966
Lot size
—
HOA fee
$1,545 Monthly
Annual tax
$7,635

About this property

Fabulous bright and sunny two bedroom, two bath apartment in a wonderful boutique building. North and West facing balcony with water and garden views. Great condition, extra-large band of windows in these units. Very central location. Also, great investment opportunity. A must see!

Property location

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1501 S Flagler Drive 3a, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,125 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Tub Shower, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
9
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
View
Garden, Lake

Parking

Garage spaces
0
Covered spaces
1
Parking features
Assigned, Detached, Garage

HOA, Community & Financials

Association fee
$1,545 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Pest Control, Sewer, Trash, Water
Amenities
Elevators, Pool
Security
Door Man, Lobby Secured
Pets allowed
No
Annual tax
$7,635
Subdivision
NORTON PARK PLACE CONDO
County
Palm Beach
Days on market
191
MLS listing ID
R11107914
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.

Estimated monthly cash flow

-$2,495

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.3%
Gross yield
6.5%
Mortgage payment
$3,555/mo
Down payment
$187,500
Loan amount
$562,500
Annual NOI
$12,725

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