5600 N Flagler Drive 307, West Palm Beach, FL 33407 — MLS photo

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5600 N Flagler Drive 307, West Palm Beach, FL 33407

Active · Condominium

$439,000

5600 N Flagler Drive 307, West Palm Beach, FL 33407

Beds
3
Baths
2
Living area
1,215 sq ft
$ / sq ft
$361/sq ft
Year built
1978
Lot size
—
HOA fee
$1,619 Monthly
Annual tax
$3,485

About this property

Rare 3BR/2BA beachfront condo directly on a private sandy beach along the Intracoastal in West Palm Beach. Wake up to water views and step directly onto the sand — a lifestyle few buildings can offer. This beautifully maintained, move-in-ready unit has new impact-resistant windows, washer/dryer, and AC unit, as well as updated bathrooms. The only condominium in West Palm Beach with its own on-site private beach, PBH offers resort-style amenities, including a pool, a new waterfront deck, a tiki hut, commercial grills by the sand, a fishing pier, kayaking access, boat mooring, a new gym, saunas, and a 24-hour manned guardhouse with a gated entry. 1 parking space and storage. One pet under 20 lbs allowed. No trucks. Minutes to Palm Beach Island, CityPlace, Singer, & PBI Airport.

Property location

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5600 N Flagler Drive 307, West Palm Beach, FL 33407

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,215 sq ft
Flooring
Carpet, Marble
Appliances
Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Washer
Cooling
Ceiling Fans, Central Air
Heating
Central
Interior features
Closet Cabinetry, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
1978
Stories
28
Lot size
0 sq ft
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Fence, Outdoor Shower, Storm Security Shutters
Pool
None, Association, Community
Waterfront
Intracoastal Access, Ocean Access, Seawall
View
Intercoastal, Ocean

Parking

Covered spaces
0
Parking features
Assigned, Attached, Garage, Guest, One Space

HOA, Community & Financials

Association fee
$1,619 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Internet, Legal Accounting, Pest Control, Pools, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Beach Rights, Boat Dock, Billiard Room, Clubhouse, Fitness Center, Library, Maintenance, Barbecue, Picnic Area, Pool, Guard, Sauna, Security, Storage, Trash, Elevators
Security
Door Man, Fire Alarm, Gated With Guard, Lobby Secured, Security System, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$3,485
Subdivision
PALM BEACH HOUSE CONDO
County
Palm Beach
Days on market
256
MLS listing ID
R11158376
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

-$1,192

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.6%
Gross yield
9.3%
Mortgage payment
$2,081/mo
Down payment
$109,750
Loan amount
$329,250
Annual NOI
$10,669

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