Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 812 sq ft
- Appliances
- Electric Range, Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central, Electric
- Interior features
- Built In Features, Tub Shower, Walk In Closets, Pantry
- Furnished
- Unfurnished
Active · Condominium
$80,000
218 Lake Frances Drive, West Palm Beach, FL 33411
- Beds
- 1
- Baths
- 2
- Living area
- 812 sq ft
- $ / sq ft
- $99/sq ft
- Year built
- 1976
- Lot size
- —
- HOA fee
- $535 Monthly
- Annual tax
- $1,919
About this property
This beautifully maintained second-floor apartment offers peaceful lake views and a thoughtfully designed interior. 1-bedroom, 2-bathroom unit includes a spacious primary suite with a generous walk-in closet and an open, airy feel. Enjoy the quiet ambiance and relaxing scenery from the comfort of your home. Conveniently located near major highways (Turnpike and I-95) and just minutes from shopping centers, restaurants, and entertainment options. The community features two gated entrances, one exclusively for residents for added convenience and privacy. Motivated seller, don't miss this opportunity!
Property location
Get Directions218 Lake Frances Drive, West Palm Beach, FL 33411
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1976
- Stories
- 1
- Lot size
- 0 sq ft
- Roof
- Concrete, Tile
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Balcony, Patio
- Pool
- None, Association, Community
- Spa
- Community
- View
- Lake, Other
Parking
- Covered spaces
- 0
- Parking features
- Assigned, Guest
HOA, Community & Financials
- Association fee
- $535 Monthly
- Fee inclusions
- Common Area Maintenance, Cable Tv, Insurance, Pest Control, Sewer, Security, Trash, Water
- Amenities
- Basketball Court, Pool, Guard, Spa Hot Tub, Security, Tennis Courts, Trails
- Security
- Gated With Guard, Smoke Detectors, Security Guard
- Pets allowed
- No
- Annual tax
- $1,919
- Subdivision
- Golden Lakes Village Condo
- County
- Palm Beach
- Days on market
- 443
- MLS listing ID
- R11110076
- Listing status
- Active
Virtual tour
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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
$340
- Cap rate
- 10.8%
- Net yield
- 10.8%
- Cash-on-cash return
- 18.2%
- Gross yield
- 25.2%
- Mortgage payment
- $379/mo
- Down payment
- $20,000
- Loan amount
- $60,000
- Annual NOI
- $8,627
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.