106 Inlet Way 202, Palm Beach Shores, FL 33404 — MLS photo

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106 Inlet Way 202, Palm Beach Shores, FL 33404

Active · Condominium

$2,395,000

106 Inlet Way 202, Palm Beach Shores, FL 33404

Beds
2
Baths
3
Living area
1,652 sq ft
$ / sq ft
$1,450/sq ft
Year built
2017
Lot size
—
HOA fee
$2,240 Monthly
Annual tax
$33,564

About this property

DIRECT OCEAN- PALM BEACH INLET Exceptional, modern, contemporary boutique building with only 18 private residences create a perfect balance of modern clean lines and relaxed beach house feeling. Offering unique, uncompromising180-degree views of both the Atlantic Ocean and Palm Beach Inlet. This large 2 bedroom, 2 ½ bath was fully renovated and reimagined to the highest standard (2024). The interior features a top-tier functional and refined kitchen that flows effortlessly into expansive dining and living areas, 9 ft floor to ceiling high impact glass windows and doors, private elevator, smart-home automation, premium appliances, electric roller shades, custom closets. Exterior features gated entry, elevated pool deck/ sundeck overlooking the Ocean and Palm Beach Inlet, beach access, fitness room, garage parking and private bike storage. Building will allow up to 2 pets/no weight restrictions.

Property location

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106 Inlet Way 202, Palm Beach Shores, FL 33404

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,652 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Water Purifier, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Kitchen Island, Living Dining Room, Main Level Primary, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2017
Stories
1
Lot size
0 sq ft
Roof
Other
Construction
Block
Pool
None, Association, Community
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Covered, Garage, One Space

HOA, Community & Financials

Association fee
$2,240 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Parking, Trash
Amenities
Bike Storage, Fitness Center, Pool, Elevators
Security
Security System, Fire Alarm, Security System Owned, Smoke Detectors
Pets allowed
No
Annual tax
$33,564
Subdivision
OCEAN EIGHTEEN CONDO
County
Palm Beach
Days on market
308
MLS listing ID
R11148129
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

-$9,184

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.4%
Gross yield
4.8%
Mortgage payment
$11,354/mo
Down payment
$598,750
Loan amount
$1,796,250
Annual NOI
$26,039

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