2427 Presidential Way 701, West Palm Beach, FL 33401 — MLS photo

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2427 Presidential Way 701, West Palm Beach, FL 33401

Active · Condominium

$495,000

2427 Presidential Way 701, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
2,209 sq ft
$ / sq ft
$224/sq ft
Year built
1982
Lot size
—
HOA fee
$2,049
Annual tax
—

About this property

SELLER MOTIVATED. PRICED TO SELL. SELLER FINANCING AVAILABLE Residence 701 at 2427 Presidential Way offers an exceptional opportunity to own a spacious corner residence in one of West Palm Beach's premier gated communities. Perched on a high floor, this light-filled home features expansive living and dining areas, a functional split-bedroom layout, and a private balcony with serene golf and city views. Ideally located just minutes from downtown West Palm Beach, pristine beaches, and steps from the newly reimagined Dutchman's Pipe Golf Club and the Belgrove Resort, this residence delivers privacy, security, and resort-style living in a prime location.

Property location

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2427 Presidential Way 701, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
2,209 sq ft

Exterior & Structure

Property type
Condominium
Year built
1982
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,049
County
Palm Beach
MLS listing ID
R11162951
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

-$665

Cap rate
4.1%
Net yield
4.1%
Cash-on-cash return
-5.8%
Gross yield
12.9%
Mortgage payment
$2,347/mo
Down payment
$123,750
Loan amount
$371,250
Annual NOI
$20,182

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