3673 Historic Lane, West Palm Beach, FL 33401 — MLS photo

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3673 Historic Lane, West Palm Beach, FL 33401

Active · Townhouse

$645,000

3673 Historic Lane, West Palm Beach, FL 33401

Beds
2
Baths
3
Living area
1,904 sq ft
$ / sq ft
$339/sq ft
Year built
2014
Lot size
—
HOA fee
$1,662 Monthly
Annual tax
$2,334

About this property

This 2 bed/2 bath two-story Townhouse has impact glass and was specially designed with an elevator (only offered as an upgrade to a 3 story Townhouse). Incorporated into the same 1,904 Living SF as the other 2-story/3-bedroom Townhomes, the 2nd floor features two very large primary bedroom/bathroom suites, a laundry room and a bonus loft area for an office or play area. Add the master balcony and the 2-car garage, you have 2,450 Total SF of space. The Villas has a community pool and is located 2 blocks from the Intracoastal and the South Flagler Promenade. The location offers close proximity to great restaurants, shopping, galleries, great cultural activities like the Norton Museum and the Bunker. Close to Phipps Park and the Park, a 9-hold PGA Championship public golf course. Plus, you are located centrally between the Middle Bridge and the Southern Bridge, making north south navigation easy, and access to Palm Beach more flexible than many other locations. The Villas community is going through extensive restoration and beautification. Asking $407/SF, it offers the lowest price per square foot in the area. Not only is this specific unit located in the quietest area of the community, but it offers the discerning buyer the opportunity to renovate and upgrade before the community work is completed.

Property location

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3673 Historic Lane, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,904 sq ft
Flooring
Carpet
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Dual Sinks, Living Dining Room, Split Bedrooms, Shower Only, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Townhouse
Year built
2014
Stories
3
Architectural style
Split Level
Construction
Block
Exterior features
Balcony, Patio
Pool
None, Association, Community
View
Garden

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$1,662 Monthly
Fee inclusions
Common Area Maintenance, Sewer, Trash, Water
Amenities
Elevators, Pool
Security
Smoke Detectors
Pets allowed
No
Annual tax
$2,334
Subdivision
Villas on Antique Row
County
Palm Beach
Days on market
235
MLS listing ID
R11156384
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

-$609

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-4.0%
Gross yield
9.7%
Mortgage payment
$3,058/mo
Down payment
$161,250
Loan amount
$483,750
Annual NOI
$29,378

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