Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,170 sq ft
Active · Condominium
$454,900
5600 N Flagler Drive 805, West Palm Beach, FL 33407
- Beds
- 2
- Baths
- 2
- Living area
- 1,170 sq ft
- $ / sq ft
- $389/sq ft
- Year built
- 1978
- Lot size
- —
- HOA fee
- $1,355
- Annual tax
- —
About this property
INVESTOR OPPORTUNITY ON THE WEST PALM BEACH WATERFRONT! 2 bedroom/2 bath split floor plan.Waterfront building with private beach and resort style amenities.Salt water heated pool, tiki hut, day dock, gazebo, beachside grills. Fish, snorkel or kayak. Fitness center, meeting rooms, sauna, pool table. 24 hour manned gate and front desk. Impact windows, hurricane protection. Washer/dryer January 2024. AC October 2022. Water heater December 2022.Spectacular views from sunrise to sunset. Furnishings, 3 TV'S in unit washer/dryer. Minutes to restaurants, shopping & Palm Beach International Airport. ALL ASSESSMENTS PAID.Garage parking for 1 car and 1 additional assigned open space.Be part of the West Palm Beach excitement. An ideal turnkey investment opportunity.Enjoy sunsets from your privat balcony.A coastal setting and the amenities provide a serene backdrop from morning to night.
Property location
Get Directions5600 N Flagler Drive 805, West Palm Beach, FL 33407
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1978
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,355
- County
- Palm Beach
- MLS listing ID
- R11162595
- 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
-$1,476
- Cap rate
- 1.8%
- Net yield
- 1.8%
- Cash-on-cash return
- -13.9%
- Gross yield
- 8.9%
- Mortgage payment
- $2,156/mo
- Down payment
- $113,725
- Loan amount
- $341,175
- Annual NOI
- $8,169
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.