651 Okeechobee Boulevard 1107, West Palm Beach, FL 33401 — MLS photo

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651 Okeechobee Boulevard 1107, West Palm Beach, FL 33401

Active · Condominium

$425,000

651 Okeechobee Boulevard 1107, West Palm Beach, FL 33401

Beds
1
Baths
1
Living area
706 sq ft
$ / sq ft
$602/sq ft
Year built
2001
Lot size
—
HOA fee
$815 Monthly
Annual tax
$6,038

About this property

Location! Location! Completely reimagined Penthouse condo unit by Palmoral Properties. Special assessment 25K paid full by the seller. New roof & impact windows, Turnkey fully furnished, updated 1 bedroom, 1 bath Penthouse in the heart of Rosemary Square in Downtown of West Palm Beach. New amazing lighting system and Freshly painted. Assigned cover garage parking. Community has 24 HR security, Doorman, pool and fitness center. Minutes from Clematis Street, Palm Beach Island, Beach, Restaurants, Bars and Night Clubs, Movie Theater, Kravis Center, Convention Center, Palm Beach Atlantic University and Airport. Totally renovated and redesign unit at The Tower Condo at Cityplace

Property location

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651 Okeechobee Boulevard 1107, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
706 sq ft
Flooring
Carpet
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Tub Shower, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2001
Stories
12
Lot size
0 sq ft
Construction
Block
Pool
None, Association, Community
Spa
Community
View
Lake, Ocean

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$815 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Hot Water, Insurance, Parking, Sewer, Security, Trash, Water
Amenities
Business Center, Clubhouse, Elevators, Fitness Center, Management, Pool, Spa Hot Tub, Trash
Pets allowed
No
Annual tax
$6,038
Subdivision
TOWER CONDO AT CITYPLACE
County
Palm Beach
Days on market
295
MLS listing ID
R11146245
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

-$1,385

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.0%
Gross yield
6.9%
Mortgage payment
$2,015/mo
Down payment
$106,250
Loan amount
$318,750
Annual NOI
$7,559

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