3 Water Club Way 1401, North Palm Beach, FL 33408 — MLS photo

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3 Water Club Way 1401, North Palm Beach, FL 33408

Active · Condominium

$2,800,000

3 Water Club Way 1401, North Palm Beach, FL 33408

Beds
3
Baths
4
Living area
2,148 sq ft
$ / sq ft
$1,304/sq ft
Year built
2020
Lot size
—
HOA fee
$3,708
Annual tax
—

About this property

Turn-Key Luxury Designer Waterfront Residence. Experience extraordinary waterfront living in the newest and most coveted tower at the 8-acre Water Club Way in desirable North Palm Beach. This move-in designer-ready 3-bedroom, 3.5-bath residence with office/den offers almost 2,200 square feet of refined interior space and breathtaking panoramic views stretching from the Intracoastal and Atlantic Ocean to the West Palm Beach skyline and luxury yacht marina. Floor-to-ceiling glass fills the home with natural light, while the expansive balcony creates a seamless indoor-outdoor lifestyle—perfect for sunrise meditation and sunset entertaining. The chef’s kitchen is beautifully appointed with Jenn-Air appliances, an oversized island, and wine refrigerator, ideal for hosting. Porcelain flooring (24” x 48”) runs throughout, complementing spa-inspired bathrooms with rain showers, a Roman soaking tub, and top of the line designer finishings. The master bedroom suite is elegantly furnished and features a spacious walk-in closet.

Property location

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3 Water Club Way 1401, North Palm Beach, FL 33408

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,148 sq ft

Exterior & Structure

Property type
Condominium
Year built
2020

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,708
County
Palm Beach
MLS listing ID
A11985959
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

-$12,639

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.3%
Gross yield
5.0%
Mortgage payment
$13,273/mo
Down payment
$700,000
Loan amount
$2,100,000
Annual NOI
$7,617

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