3517 N Flagler Drive, West Palm Beach, FL 33407 — MLS photo

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3517 N Flagler Drive, West Palm Beach, FL 33407

Active · SingleFamilyResidence

$3,495,000

3517 N Flagler Drive, West Palm Beach, FL 33407

Beds
5
Baths
5
Living area
3,962 sq ft
$ / sq ft
$882/sq ft
Year built
1961
Lot size
13,504 sq ft
HOA fee
—
Annual tax
—

About this property

Spacious residence on the Northern corridor of Flagler Drive! This wonderful 4BR/4BR + 1/1 guest wing. Recently refreshed, the home features a brand new kitchen with quartz countertops, waterfall island, and new appliances. The main floor of the home has multiple living areas with open access to the rear enclosed porch overlooking the yard. The main floor also has an attached 1/1 guest quarters with its very own parking and entrance. Upstairs the primary suite opens up to a balcony and a large ensuite bath with soaking tub, shower, and dual vanities. The outdoor space features a large pool, outdoor kitchen, and is completely fenced in. Close proximity to Palm Beach Island, The Nora District, CityPlace, and Palm Beach International Airport.

Property location

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3517 N Flagler Drive, West Palm Beach, FL 33407

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Facts & features

Interior

Bedrooms
5
Bathrooms
5
Living area
3,962 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1961
Lot size
13,504 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11141642
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

-$9,072

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
5.7%
Mortgage payment
$16,568/mo
Down payment
$873,750
Loan amount
$2,621,250
Annual NOI
$89,954

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