1500 Presidential Way 504, West Palm Beach, FL 33401 — MLS photo

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1500 Presidential Way 504, West Palm Beach, FL 33401

Active · Condominium

$185,000

1500 Presidential Way 504, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,194 sq ft
$ / sq ft
$155/sq ft
Year built
1972
Lot size
—
HOA fee
$880 Monthly
Annual tax
$1,768

About this property

Beautiful 2-bedroom, 2-bathroom apartment, impeccably maintained and featuring multiple upgrades, located in the centrally located Yorktown community, in a truly spectacular area near shopping centers, downtown, beaches, the airport, and directly across from the outlet mall. This fifth-floor unit offers panoramic views and features a spacious and elegant balcony, perfect for relaxing. It includes high-quality white LED lighting in the kitchen and bathrooms, ceiling fans in both bedrooms, and a large additional closet next to the kitchen, ideal for extra storage or pantry space. The A/C system was installed in 2021. The entire apartment features elegant high-quality window treatments, crown molding, and modern vinyl flooring. The popcorn ceilings have been removed and replaced with knockdown ceiling texture throughout the unit, giving it a clean and modern finish. The unit comes with two assigned parking spaces. The washers and dryers are brand new and are conveniently located right next to the apartment. One of the greatest advantages of this property is its excellent orientation: it receives beautiful natural light during the morning while avoiding the hot direct afternoon sun, making it one of the coolest and most comfortable units in the building. This is a true move-in-ready property, perfect as a primary residence or investment.

Property location

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1500 Presidential Way 504, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,194 sq ft
Flooring
Vinyl
Appliances
Dishwasher, Microwave, Other, Refrigerator
Cooling
Central Air
Heating
Other
Interior features
Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1972
Stories
8
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
View
Golf Course, Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Open, Two Or More Spaces

HOA, Community & Financials

Association fee
$880 Monthly
Fee inclusions
Common Areas, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Other, Parking, Pest Control, Trash, Water
Amenities
Other, Elevators
Security
Closed Circuit Cameras, Fire Alarm, Phone Entry, Fire Sprinkler System
Pets allowed
Size Limit, Yes
Annual tax
$1,768
Subdivision
Yorktown Condominium
County
Palm Beach
Days on market
249
MLS listing ID
A11953063
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

$380

Cap rate
8.2%
Net yield
8.2%
Cash-on-cash return
8.8%
Gross yield
17.2%
Mortgage payment
$877/mo
Down payment
$46,250
Loan amount
$138,750
Annual NOI
$15,083

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