10181 Orchid Reserve Drive, West Palm Beach, FL 33412 — MLS photo

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10181 Orchid Reserve Drive, West Palm Beach, FL 33412

Active · Condominium

$499,000

10181 Orchid Reserve Drive, West Palm Beach, FL 33412

Beds
3
Baths
2
Living area
2,627 sq ft
$ / sq ft
$190/sq ft
Year built
2005
Lot size
—
HOA fee
$1,989 Quarterly
Annual tax
$5,386

About this property

Move right into effortless, turnkey living in this elegant and upgraded great room residence offering private golf course vistas and stunning designer enhancements throughout. This highly desirable Santa Cruz floor plan spans over 2,500 square feet under air and features three bedrooms, two baths, and a den, along with a private elevator, private staircase, and a private attached two-car garage—delivering the space and comfort of a single-family home with the ease of low-maintenance condo living. From the moment you enter, the residence is defined by its sophisticated Tropical British Colonial design aesthetic, blending rich natural textures, warm Caribbean-inspired wood tones, and relaxed luxury to create a home that feels like a private resort. Thoughtfully curated upgrades include granite and marble countertops, upgraded cabinetry, designer light fixtures, and custom window treatments throughout, all coming together in a polished yet inviting atmosphere that perfectly complements the surrounding views. Impact glass throughout provides daily convenience, storm protection, and lasting peace of mind, while the oversized screened 25-foot balcony invites tranquil mornings and sunset evenings. Whether entertaining or unwinding, the indoor-outdoor flow makes this home feel like paradise found. Recent improvements add even more confidence and value, including a new oven, microwave, and hot water heater (2023), a garage opening system replacement (2022), and a whole-house surge protector unit located in the garage making this truly move-in ready with the right details already handled. Orchid Reserve residents enjoy a rare lifestyle advantage within Ibis: exclusive access to their own private community pool and clubhouse, making Orchid Reserve the only neighborhood in Ibis to offer both. As a resident of The Club at Ibis, you'll also enjoy access to a world-class suite of amenities including a 90,000-square-foot clubhouse, three Nicklaus-family championship golf courses, five restaurants, a state-of-the-art fitness complex and spa, and premier tennis and pickleball facilities. Beautifully furnished, thoughtfully upgraded, and designed for easy living this residence is the definition of turnkey luxury in one of Palm Beach County's most celebrated private club communities. Furniture is negotiable.

Property location

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10181 Orchid Reserve Drive, West Palm Beach, FL 33412

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
2,627 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Electric
Interior features
Breakfast Area, Bathtub, High Ceilings, Kitchen Island, Split Bedrooms, Shower Only, Bar, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2005
Stories
2
Lot size
0 sq ft
Architectural style
Coach Carriage
Roof
Concrete, Tile
Construction
Block
Exterior features
Balcony
Pool
None
Spa
Community
View
Golf Course, Garden

Parking

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

HOA, Community & Financials

Association fee
$1,989 Quarterly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Security
Amenities
Basketball Court, Clubhouse, Fitness Center, Golf Course, Private Membership, Putting Greens, Guard, Sauna, Spa Hot Tub, Tennis Courts
Security
Gated With Guard, Lobby Secured, Security System
Pets allowed
No
Annual tax
$5,386
Subdivision
Ibis - Orchid Reserve
County
Palm Beach
Days on market
235
MLS listing ID
R11156946
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

$1,722

Cap rate
9.8%
Net yield
9.8%
Cash-on-cash return
14.8%
Gross yield
14.7%
Mortgage payment
$2,366/mo
Down payment
$124,750
Loan amount
$374,250
Annual NOI
$49,056

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