1036 Us Highway 1 119, North Palm Beach, FL 33408 — MLS photo

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1036 Us Highway 1 119, North Palm Beach, FL 33408

Active · Condominium

$398,000

1036 Us Highway 1 119, North Palm Beach, FL 33408

Beds
2
Baths
2
Living area
1,374 sq ft
$ / sq ft
$290/sq ft
Year built
1981
Lot size
—
HOA fee
$1,133
Annual tax
—

About this property

Meticulously maintained waterfront living in the desirable Marina Bay community of North Palm Beach. Step inside this bright 2-bedroom, 2-bath first-floor condo, where extra windows fill the space with natural light and thoughtful updates make it truly move-in ready. The spacious eat-in kitchen features updated appliances and a full-size washer and dryer, while fresh interior paint, a new electrical panel, new water heater, recessed lighting, fire alarms, and water sensors add comfort and peace of mind. Continue outside to the oversized covered patio, where the true appeal of this home comes to life. With direct walk-out access to the marina, you can enjoy your morning coffee overlooking the water, stroll along the waterfront, or come and go without ever stepping into an elevator. Additional conveniences include assigned covered parking right outside the unit, ample guest parking, extra storage, and accordion hurricane shutters. The building assessment has been fully paid for your convenience. Ideally located near beaches, marinas, dining, shopping, and golf, this is North Palm Beach waterfront living at its most convenient.

Property location

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1036 Us Highway 1 119, North Palm Beach, FL 33408

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,374 sq ft

Exterior & Structure

Property type
Condominium
Year built
1981
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,133
County
Palm Beach
MLS listing ID
R11153560
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

-$671

Cap rate
3.7%
Net yield
3.7%
Cash-on-cash return
-7.2%
Gross yield
10.8%
Mortgage payment
$1,887/mo
Down payment
$99,500
Loan amount
$298,500
Annual NOI
$14,590

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