Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 720 sq ft
Active · Condominium
$725,000
255 Evernia Street 1115, West Palm Beach, FL 33401
- Beds
- 1
- Baths
- 1
- Living area
- 720 sq ft
- $ / sq ft
- $1,007/sq ft
- Year built
- 2002
- Lot size
- —
- HOA fee
- $395
- Annual tax
- —
About this property
Live the ultimate downtown West Palm Beach lifestyle in this stunning 11th floor luxury residence at The Strand. Spacious 1 bedroom, 1 bath condo with a den or office and oversized terrace, one of the largest outdoor living spaces in the building, blends sophistication with comfort. No expense was spared in renovating this upscale condo. Enjoy sleek modern finishes, top tier appliances, an open concept layout perfect for entertaining and seamless indoor-outdoor living. This turnkey unit rents for more than $50k per year as a seasonal rental. Step outside your door to premier dining, shopping and the Intracoastal. Walk to Brightline, Clematis and The Square. Indulge in resort-style amenities--5th floor pool, spa, clubhouse, and 24 hour front desk service. Your elevated city retreat awaits.
Property location
Get Directions255 Evernia Street 1115, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2002
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $395
- County
- Palm Beach
- MLS listing ID
- R11134017
- 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
-$2,442
- Cap rate
- 1.6%
- Net yield
- 1.6%
- Cash-on-cash return
- -14.4%
- Gross yield
- 5.4%
- Mortgage payment
- $3,437/mo
- Down payment
- $181,250
- Loan amount
- $543,750
- Annual NOI
- $11,942
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.