248 Norwich K, West Palm Beach, FL 33417 — MLS photo

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248 Norwich K, West Palm Beach, FL 33417

Active · Condominium

$61,000

248 Norwich K, West Palm Beach, FL 33417

Beds
1
Baths
2
Living area
684 sq ft
$ / sq ft
$89/sq ft
Year built
1970
Lot size
—
HOA fee
$623
Annual tax
—

About this property

Welcome to the paradise of South Florida, resort-style social living at its absolute best. Ground floor corner condo located in sunny West Palm Beach Florida and experience the distinct Century Village ''way of life'' with luxurious recreational facilities and abundant social activities. Conveniently located on the ground floor, a corner or end unit and a Southern exposure lanai! Lightly Updated and ready for your personal touch. One bedroom with an ensuite bathroom featuring a walk-in shower. Kitchen features shaker style wood cabinets and newer appliances and a deep double basin sink. Newer A/C (2020) and water heater (2019). The association completed all concrete repair work, painted all buildings, and installed a new roof in 2025. NO SPECIAL ASSESSMENTS. Well-funded association. Amenities including a 1200-seat theater, live entertainment, free current run movies, 15 swimming pools, tennis and pickleball, bocce ball, cards, clubs, and fitness center. This ground floor unit is conveniently located between I-95 and the Florida Turnpike, about 8 miles west of the Atlantic Ocean and the gorgeous Palm Beaches and minutes to Palm Beach International Airport. This condo is available for you to enjoy as a year-round home or just an escape from the winter weather.

Property location

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248 Norwich K, West Palm Beach, FL 33417

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
684 sq ft

Exterior & Structure

Property type
Condominium
Year built
1970

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$623
County
Palm Beach
MLS listing ID
R11169598
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$150

Cap rate
8.6%
Net yield
8.6%
Cash-on-cash return
10.6%
Gross yield
27.5%
Mortgage payment
$289/mo
Down payment
$15,250
Loan amount
$45,750
Annual NOI
$5,274

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