Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 702 sq ft
Active · Condominium
$224,000
117 Lehane Terrace 205, North Palm Beach, FL 33408
- Beds
- 1
- Baths
- 1
- Living area
- 702 sq ft
- $ / sq ft
- $319/sq ft
- Year built
- 1971
- Lot size
- —
- HOA fee
- $637
- Annual tax
- —
About this property
Welcome to the effortless life of coastal living in North Palm Beach, FL! This quaint waterfront 1BR/1BA condo is waiting for you. Whether as a primary residence, seasonal retreat, or investment property, this is an ideal & easy choice. Start or end your day on the spacious waterfront balcony. Features include an updated bathroom & HVAC (2022). Impact window & sliding glass doors, panels, plus roll-down shutters on the balcony for added peace of mind. Leasing is permitted once per year with a 3-month minimum. Docks are available on a first-come, first-served basis at $2.00 per foot & can accommodate boats up to 30ft. Close to shopping, dining, medical services, beaches, world class fishing, & championship golf courses. Furniture is negotiable. Pet-friendly with restrictions. Roof 1/2025.
Property location
Get Directions117 Lehane Terrace 205, North Palm Beach, FL 33408
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1971
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $637
- County
- Palm Beach
- MLS listing ID
- R11165647
- 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
-$492
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.4%
- Gross yield
- 10.1%
- Mortgage payment
- $1,062/mo
- Down payment
- $56,000
- Loan amount
- $168,000
- Annual NOI
- $6,836
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.