721 Lori Drive 313, Palm Springs, FL 33461 — MLS photo

Get More Info About This Property

721 Lori Drive 313, Palm Springs, FL 33461

Active · Condominium

$59,000

721 Lori Drive 313, Palm Springs, FL 33461

Beds
2
Baths
2
Living area
900 sq ft
$ / sq ft
$66/sq ft
Year built
1973
Lot size
—
HOA fee
$853
Annual tax
—

About this property

Welcome to LAKESIDE VILLAGE CONDOMINIUMS, a desirable 55+ community offering comfort and convenience in a peaceful setting. This well-maintained 3-story condo features approximately 900 sqft of living space with 2 bedrooms and 2 full bathrooms. The unit offers a functional layout with carpeted flooring throughout, creating a warm and inviting atmosphere. The kitchen comes equipped with appliances and ample cabinetry for storage, providing both practicality and efficiency. Enjoy year-round comfort with a new HVAC system already in place. Relax and unwind on the closed/screened balcony, perfect for enjoying fresh air while staying protected from the elements. Experience living in a welcoming 55+ community at LAKESIDE VILLAGE CONDOMINIUMS, ideal for full-time residence or seasonal retreat.

Property location

Get Directions

721 Lori Drive 313, Palm Springs, FL 33461

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
900 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$853
County
Palm Beach
MLS listing ID
R11167291
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

$278

Cap rate
11.3%
Net yield
11.3%
Cash-on-cash return
20.2%
Gross yield
36.2%
Mortgage payment
$280/mo
Down payment
$14,750
Loan amount
$44,250
Annual NOI
$6,689

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