Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,068 sq ft
Active · Condominium
$425,000
616 Clearwater Park Road 1206, West Palm Beach, FL 33401
- Beds
- 2
- Baths
- 2
- Living area
- 1,068 sq ft
- $ / sq ft
- $398/sq ft
- Year built
- 2003
- Lot size
- —
- HOA fee
- $1,198
- Annual tax
- —
About this property
Currently rented until April 2027. Lovely 12th-floor rcondo featuring 2 spacious ensuite bedrooms and beautiful lake views. The kitchen offers granite countertops, stainless steel appliances, and a pantry. Crown molding in the main living areas. Luxury vinyl and tile flooring throughout (no carpet). Impact windows and slider. Includes gated covered parking for 2 vehicles with EV charging available. Offered furnished. HOA fees includes basic cable, internet, water, and sewer. Enjoy resort-style amenities such as 24-hour concierge, fiber-optic internet, pool, jacuzzi, firepit, BBQ area, fitness center, sauna, social room with bar & billiards, business center, bike storage, & more. Conveniently located minutes from Clematis Street, CityPlace, PBI Airport, and luxurious Palm Beach Island.
Property location
Get Directions616 Clearwater Park Road 1206, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2003
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,198
- County
- Palm Beach
- MLS listing ID
- B26002413
- 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
-$1,352
- Cap rate
- 1.9%
- Net yield
- 1.9%
- Cash-on-cash return
- -13.6%
- Gross yield
- 8.7%
- Mortgage payment
- $2,015/mo
- Down payment
- $106,250
- Loan amount
- $318,750
- Annual NOI
- $7,957
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.