500 Executive Center Drive 2h, West Palm Beach, FL 33401 — MLS photo

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500 Executive Center Drive 2h, West Palm Beach, FL 33401

Active · Condominium

$165,000

500 Executive Center Drive 2h, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
960 sq ft
$ / sq ft
$172/sq ft
Year built
1979
Lot size
—
HOA fee
$773 Monthly
Annual tax
$2,356

About this property

Welcome to this well-located condominium in the heart of West Palm Beach! This spacious unit at 500 Executive Center Drive #2H offers comfortable living with an open layout, abundant natural light, and a private balcony perfect for relaxing. The community features resort-style amenities including a pool, tennis courts, clubhouse, and beautifully maintained grounds. Conveniently located just minutes from Downtown West Palm Beach, Palm Beach Outlets, I-95, restaurants, shopping, and beaches. Ideal for both homeowners and investors looking for a centrally located property in a growing area.

Property location

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500 Executive Center Drive 2h, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
960 sq ft
Flooring
Clay, Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
5
Architectural style
High Rise
Roof
Other
Construction
Block, Stucco
Exterior features
Balcony, Tennis Courts, Storm Security Shutters
Pool
None, Association, Community
View
Other, Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Two Or More Spaces

HOA, Community & Financials

Association fee
$773 Monthly
Fee inclusions
Cable Tv, Water
Amenities
Controlled Access, Elevators, Fitness Center, Library, Pool
Security
Key Card Entry, Fire Sprinkler System
Pets allowed
No
Annual tax
$2,356
Subdivision
BREAKWATERS OF THE PALM BE
County
Palm Beach
Days on market
188
MLS listing ID
R11169155
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

$112

Cap rate
6.5%
Net yield
6.5%
Cash-on-cash return
2.9%
Gross yield
15.9%
Mortgage payment
$782/mo
Down payment
$41,250
Loan amount
$123,750
Annual NOI
$10,734

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