Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 920 sq ft
Active · Condominium
$89,900
506 Davis Road 78, Palm Springs, FL 33461
- Beds
- 2
- Baths
- 2
- Living area
- 920 sq ft
- $ / sq ft
- $98/sq ft
- Year built
- 1970
- Lot size
- —
- HOA fee
- $668
- Annual tax
- —
About this property
Private 2nd floor location end unit location overlooking pond w/ fountain. Gently used occasionally by current owners as part time getaway. Sold furnished for sellers convenience. Steps away from laundry and stairs. New roof! Updated bathrooms and kitchen ceiling(2024). Newer water heater (2021). and dishwasher just 6 years old. A/c installed 12/2017. Also new disposal (2024). Condo has tile floors throughout. Sliding door in rear has accordion shutters. monthly fee includes water, sewer,cable,internet and use of clubhouses and swimming pools. Any age can purchase, one full time occupant must be age 55plus. New countertops to be installed by end of August.
Property location
Get Directions506 Davis Road 78, Palm Springs, FL 33461
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1970
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $668
- County
- Palm Beach
- MLS listing ID
- R11168237
- 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
$376
- Cap rate
- 10.7%
- Net yield
- 10.7%
- Cash-on-cash return
- 17.9%
- Gross yield
- 25.4%
- Mortgage payment
- $426/mo
- Down payment
- $22,475
- Loan amount
- $67,425
- Annual NOI
- $9,628
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.