2616 N Gardens Drive 105, Lake Worth, FL 33461 — MLS photo

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2616 N Gardens Drive 105, Lake Worth, FL 33461

Active · Condominium

$50,000

2616 N Gardens Drive 105, Lake Worth, FL 33461

Beds
1
Baths
1
Living area
744 sq ft
$ / sq ft
$67/sq ft
Year built
1983
Lot size
—
HOA fee
$523 Monthly
Annual tax
$1,275

About this property

Priced to sell!!!! Beautifully updated first floor condo in vibrant 55 + community. This unit offers a rare lake view in the best location Lake Clarke Gardens has to offer- this prime located unit is only steps to the pool, dedicated parking spot, clubhouse and laundry. The move in ready unit features no carpet and a spacious walk in closet. Community amenities include two pools, saunas, fitness center, billiards , putting green, shuffleboard and bocce ball plus a complimentary shuttle bus. Only minutes to shops, restaurants, airports, beaches and casinos. This condo combines comfort, convenience and a vibrant lifestyle with daily activities! Great way to enjoy the Florida lifestyle!

Property location

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2616 N Gardens Drive 105, Lake Worth, FL 33461

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
744 sq ft
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1983
Stories
3
Lot size
0 sq ft
Architectural style
Garden Apartment
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio, Storm Security Shutters
Pool
None, Association, Community
View
Lake

Parking

Covered spaces
0
Parking features
Assigned, One Space

HOA, Community & Financials

Association fee
$523 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Internet, Laundry
Amenities
Billiard Room, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Putting Greens, Sauna, Transportation Service
Security
Smoke Detectors
Pets allowed
No
Annual tax
$1,275
Subdivision
Lake Clarke Gardens Condo
County
Palm Beach
Days on market
168
MLS listing ID
R11168729
Listing status
Active

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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

$363

Cap rate
14.4%
Net yield
14.4%
Cash-on-cash return
31.1%
Gross yield
35.4%
Mortgage payment
$237/mo
Down payment
$12,500
Loan amount
$37,500
Annual NOI
$7,201

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