106 Inlet Way 304, Palm Beach Shores, FL 33404 — MLS photo

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106 Inlet Way 304, Palm Beach Shores, FL 33404

Active · Condominium

$2,395,000

106 Inlet Way 304, Palm Beach Shores, FL 33404

Beds
3
Baths
3
Living area
1,635 sq ft
$ / sq ft
$1,465/sq ft
Year built
2017
Lot size
—
HOA fee
$2,225 Monthly
Annual tax
$19,172

About this property

Enjoy sweeping south-facing views of the Palm Beach Inlet's crystal clear waters and Atlantic Ocean from this bright, modern Penthouse residence in Ocean 18, a boutique luxury building in Palm Beach Shores, known as the best little town in Florida. This 2-bedroom plus den (optional 3rd bedroom) features a rooftop deck, fine finishes, a private elevator entry, impact glass, custom closets, a chef's kitchen with designer backsplash, and a stunning roof deck patio perfect for entertaining. Additional highlights include a spacious private balcony, covered garage parking, and a large storage unit. Amenities include a heated resort-style pool, fitness center, and secure entry. Just steps to the town's own private beach, inlet walkways and parks, Sailfish Marina, and nearby dining and shopping

Property location

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106 Inlet Way 304, Palm Beach Shores, FL 33404

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,635 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Dual Sinks, Kitchen Island, Kitchen Dining Combo, Shower Only, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2017
Stories
3
Lot size
0 sq ft
Architectural style
Penthouse
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio
Pool
Heated, Pool, Association, Community
Waterfront
Intracoastal Access, Seawall
View
Intercoastal, Ocean, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, Underground, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$2,225 Monthly
Fee inclusions
Common Area Maintenance, Hot Water, Insurance, Parking, Sewer, Water
Amenities
Fitness Center, Barbecue, Picnic Area, Pool, Elevators
Security
Fire Alarm, Fire Sprinkler System, Smoke Detectors
Pets allowed
No
Annual tax
$19,172
Subdivision
OCEAN EIGHTEEN CONDO
County
Palm Beach
Days on market
345
MLS listing ID
R11139897
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

-$7,997

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.3%
Gross yield
4.8%
Mortgage payment
$11,354/mo
Down payment
$598,750
Loan amount
$1,796,250
Annual NOI
$40,276

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