Cays Realty
120 Sunset Avenue W 3 D, Palm Beach, FL 33480 — MLS photo

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120 Sunset Avenue W 3 D, Palm Beach, FL 33480

Active · Condominium

$7,900,000

120 Sunset Avenue W 3 D, Palm Beach, FL 33480

Beds
3
Baths
5
Living area
2,658 sq ft
$ / sq ft
$2,972/sq ft
Year built
1982
Lot size
—
HOA fee
$9,975 Monthly
Annual tax
$44,525

About this property

Beautiful 3BR/4.1BA Leverett House residence with breathtaking ocean views and a fabulous pool cabana. Thoughtfully designed, the apartment features an excellent open floor plan, floor-to-ceiling windows, marble and tile floors, multiple covered balconies, and sun-filled interiors. The expansive Primary suite offers dual walk-in closets and dual bathrooms. Additional highlights include central vacuum, in-unit laundry, and the comforts of a stunning full-service building with a full-time manager, exercise facility, and beach access.

Property location

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120 Sunset Avenue W 3 D, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
3
Bathrooms
5
Living area
2,658 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Dual Sinks, Eat In Kitchen, Kitchen Island, Living Dining Room, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
4
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
View
Ocean, Pool

Parking

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

HOA, Community & Financials

Association fee
$9,975 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Insurance, Sewer, Trash
Amenities
Elevators, Fitness Center, Management, Pool
Security
Door Man, Lobby Secured, Other, Security System
Pets allowed
No
Annual tax
$44,525
Subdivision
LEVERETT HOUSE CONDO
County
Palm Beach
Days on market
259
MLS listing ID
R11159206
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$31,886

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.3%
Gross yield
4.0%
Mortgage payment
$37,450/mo
Down payment
$1,975,000
Loan amount
$5,925,000
Annual NOI
$66,772

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