5780 Fernley Drive W113, West Palm Beach, FL 33415 — MLS photo

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5780 Fernley Drive W113, West Palm Beach, FL 33415

Active · Residential

$250,000

5780 Fernley Drive W113, West Palm Beach, FL 33415

Beds
2
Baths
2
Living area
1,624 sq ft
$ / sq ft
$154/sq ft
Year built
1980
Lot size
—
HOA fee
$615
Annual tax
—

About this property

BEAUTIFULLY RENOVATED CORNER VILLA with FULL IMPACT WINDOWS! Spacious single-story 2 BED / 2 BATH corner unit featuring 2022 ROOF and 2026 WATER HEATER, offering peace of mind and modern upgrades throughout. This light & bright open layout showcases tile flooring throughout, granite & quartz countertops, newer stainless steel appliances, custom vessel sinks, and designer finishes. The updated bathrooms feature frameless glass walk-in showers, creating a clean, modern feel. The primary suite offers a large walk-in closet, while the home also includes a fully equipped laundry room with full-size washer & dryer plus additional storage. The property includes 2 parking spaces directly in front of the home plus ample guest parking. Located in the desirable 55+ active adult community of Cresthaven, residents enjoy clubhouse amenities, resort-style pool, tennis courts, social activities, and community events. Prime central location just minutes to shopping centers, restaurants, medical facilities, recreation, and the mall.

Property location

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5780 Fernley Drive W113, West Palm Beach, FL 33415

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,624 sq ft

Exterior & Structure

Property type
Residential
Year built
1980
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$615
County
Palm Beach
MLS listing ID
B26000341
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

$908

Cap rate
10.0%
Net yield
10.0%
Cash-on-cash return
15.6%
Gross yield
17.3%
Mortgage payment
$1,185/mo
Down payment
$62,500
Loan amount
$187,500
Annual NOI
$25,119

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