609 Waterside Dr 609, Hypoluxo, FL 33462 — MLS photo

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609 Waterside Dr 609, Hypoluxo, FL 33462

Active · Condominium

$190,000

609 Waterside Dr 609, Hypoluxo, FL 33462

Beds
2
Baths
2
Living area
768 sq ft
$ / sq ft
$247/sq ft
Year built
1989
Lot size
—
HOA fee
$575
Annual tax
—

About this property

TURN-KEY FURNISHED 2 beds/ 2 baths condo located in the all-age gated community of Waterside Village. This unit is located on the second floor and has a lot of natural lightning! Owners have installed an awning where you can sit and enjoy the outdoors. Kitchen is equipped with a dishwasher and laundry machines are located inside the unit. AC was replaced in 2021 and windows in 2014. Unit comes with additional storage locker located on the first floor. No tenants in place, sellers are flexible with closing date! Internet/cable/and water included in the HOA fees. Electrical panel was changed in 2020. Can rent right away, look under broker remarks for specifics!

Property location

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609 Waterside Dr 609, Hypoluxo, FL 33462

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
768 sq ft

Exterior & Structure

Property type
Condominium
Year built
1989

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$575
County
Palm Beach
MLS listing ID
A11985524
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

-$173

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.9%
Gross yield
12.0%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$8,734

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