3460 S Ocean Boulevard 608, Palm Beach, FL 33480 — MLS photo

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3460 S Ocean Boulevard 608, Palm Beach, FL 33480

Active · Condominium

$579,000

3460 S Ocean Boulevard 608, Palm Beach, FL 33480

Beds
2
Baths
2
Living area
1,416 sq ft
$ / sq ft
$409/sq ft
Year built
1973
Lot size
—
HOA fee
$1,704 Monthly
Annual tax
$7,539

About this property

LARGE 2BR/2BA resort style oceanfront property! Wraparound 45 ft balcony offering breathtaking views of both the ocean and the Intracoastal. Enjoy spectacular sunrises with coffee and sunsets with wine. This gorgeous updated residence features a split floor plan, tile throughout, tons of storage space, and walk-in closets in both bedrooms. It's close to the elevator & assigned parking space. Prestigious building with doorman and many amenities including heated saltwater pool overlooking the ocean, fitness center, sauna, gas grill, billiards, ping pong, library. Direct private beach access. Enjoy ocean breezes and the sound of waves while walking along the beach. PBI airport, Worth Avenue with the best shopping, Eau Palm Beach, Phipps Ocean Tennis, Four Seasons Hotel and Par 4 Golf course.

Property location

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3460 S Ocean Boulevard 608, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,416 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Split Bedrooms, Tub Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
7
Lot size
0 sq ft
Architectural style
Stilt
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association, Community
Waterfront
Ocean Access
View
Intercoastal, Ocean, Other, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$1,704 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Pest Control, Pools, Sewer, Trash, Water
Amenities
Billiard Room, Bike Storage, Clubhouse, Fitness Center, Library, Maintenance, Barbecue, Picnic Area, Pool, Sauna, Trash
Security
Closed Circuit Cameras, Door Man, Fire Alarm, Lobby Secured, Smoke Detectors, Security System
Pets allowed
No
Annual tax
$7,539
Subdivision
CLARIDGES II CONDO
County
Palm Beach
Days on market
307
MLS listing ID
F10541225
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

-$1,688

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.5%
Gross yield
8.6%
Mortgage payment
$2,745/mo
Down payment
$144,750
Loan amount
$434,250
Annual NOI
$12,683

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