2548 Ida Way, West Palm Beach, FL 33415 — MLS photo

Active · Condominium

$243,000

2548 Ida Way, West Palm Beach, FL 33415

Beds: 2
Baths: 2
Living area: 948 sq ft
$ / sq ft: $256/sq ft
Year built: 1980
Lot size: —
HOA fee: $393 Monthly
Annual tax: $3,273

About this property

Beautiful 2BR/2BA renovated villa in the sought-after Sierra Woods all-ages community! This bright and modern unit features a BRAND NEW ROOF, brand new Stainless Steel appliances, brand new Washer and Dryer, updated finishes, and a spacious open layout perfect for comfortable living. Enjoy two full bathrooms, ample storage, and a private balcony. Sierra Woods offers a quiet, well-maintained neighborhood with convenient access to shopping, dining, major roadways, and the airport. Great investment. NO RENTAL RESTRICTIONS.

Property location

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2548 Ida Way, West Palm Beach, FL 33415

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 948 sq ft
Flooring: Ceramic Tile
Appliances: Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Washer
Cooling: Central Air, Ceiling Fans
Heating: Electric
Interior features: Shower Only, Stacked Bedrooms
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1980
Stories: 1
Lot size: 0 sq ft
Roof: Composition, Shingle
Construction: CBSConcrete Block Structure, Block
Exterior features: Enclosed Porch, Storm Security Shutters
Pool: None, Association, Community
View: Garden

Parking

Covered spaces: 0
Parking features: Two Or More Spaces

HOA, Community & Financials

Association fee: $393 Monthly
Fee inclusions: Common Area Maintenance, Insurance
Amenities: Pool
Pets allowed: No
Annual tax: $3,273
Subdivision: SIERRA WOODS CONDO
County: Palm Beach
Days on market: 301
MLS listing ID: R11145502
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

$178

Cap rate: 6.6%
Net yield: 6.6%
Cash-on-cash return: 3.1%
Gross yield: 11.7%
Mortgage payment: $1,152/mo
Down payment: $60,750
Loan amount: $182,250
Annual NOI: $15,960

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