820 Salem Ln B, Lake Worth, FL 33467 — MLS photo

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820 Salem Ln B, Lake Worth, FL 33467

Active · Condominium

$240,000

820 Salem Ln B, Lake Worth, FL 33467

Beds
2
Baths
3
Living area
1,447 sq ft
$ / sq ft
$166/sq ft
Year built
1983
Lot size
—
HOA fee
$725 Monthly
Annual tax
$2,850

About this property

WOW! JUST REDUCED! Rarely available two-story condo-townhouse offering 1,447 sq. ft. of spacious, fully furnished, turnkey living—one of only 24 units of this size in the community! Upstairs features two large primary suites, each with a private bathroom and walk-in closet. The open downstairs layout includes a large eat-in kitchen, dining area, living room, and half bath, with laminate wood and tile flooring throughout. Washer and dryer inside the unit. Enjoy an enclosed rear porch near the walking trail and a front patio. Located in a HOPA-verified community with pool, tennis courts, lakes, new roofs, and a remodeled clubhouse offering many activities. One-year lease rental restriction. Pets under 22 lbs permitted. Maintenance includes cable, internet, water/sewer, and pest control. Hurry—this rare opportunity won’t last!

Property location

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820 Salem Ln B, Lake Worth, FL 33467

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,447 sq ft
Flooring
Carpet, Laminate, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Dining Area, Separate Formal Dining Room, Eat In Kitchen, First Floor Entry, Separate Shower, Upper Level Primary
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1983
Stories
2
Architectural style
Cluster Home
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio
Pool
Association, Heated
View
Other

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$725 Monthly
Fee inclusions
Association Management, Cable Tv, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Recreation Facilities, Roof, Sewer, Trash, Water
Amenities
Clubhouse, Fitness Center, Library, Pickleball, Pool, Shuffleboard Court, Tennis Courts
Security
Other
Pets allowed
No
Annual tax
$2,850
Subdivision
COVERED BRIDGE CONDO
County
Palm Beach
Days on market
61
MLS listing ID
A11925833
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

$698

Cap rate
9.2%
Net yield
9.2%
Cash-on-cash return
12.5%
Gross yield
16.3%
Mortgage payment
$1,138/mo
Down payment
$60,000
Loan amount
$180,000
Annual NOI
$22,032

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