16047 Key Biscayne Lane, Westlake, FL 33470 — MLS photo

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16047 Key Biscayne Lane, Westlake, FL 33470

Active · SingleFamilyResidence

$599,999

16047 Key Biscayne Lane, Westlake, FL 33470

Beds
2
Baths
2
Living area
1,677 sq ft
$ / sq ft
$358/sq ft
Year built
2021
Lot size
5,284 sq ft
HOA fee
$389
Annual tax
—

About this property

HUGE PRICE REDUCTION..........A DEFINITE STEAL.......BRING ALL OFFERS! Welcome to this Lovely, Airy, Cozy 2Bdrm/2Bth with enclosed Study/Den located in 55+ Cresswind, with an array of premium upgrades! Master Bdrm overlooks pool with Tray Ceiling, 2 large Walk-In Closets & Dual Vanities. Upgraded Kitchen with White Acrylic Cabinets, Quartz countertops, & Breakfast nook. Covered Lanai & Backyard with an inviting Salt water Pool! Home boasts Impact Windows, Framed Mirrors, Spray Foam Insulation, LVP Flooring, & Tankless water heater. World-class amenities, Clubhouse, invigorating Pools, Dog Park, Adventure Park, Pickleball & Tennis Courts, Fitness center with EGYM & an array of engaging Social Activities. Experience Luxury Living at its finest, in a Resort-like Community! Westlake Master HOA - $174/Qtrly

Property location

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16047 Key Biscayne Lane, Westlake, FL 33470

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,677 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2021
Lot size
5,284 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$389
County
Palm Beach
MLS listing ID
R11165029
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

-$331

Cap rate
5.0%
Net yield
5.0%
Cash-on-cash return
-2.4%
Gross yield
9.3%
Mortgage payment
$2,844/mo
Down payment
$150,000
Loan amount
$449,999
Annual NOI
$30,157

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