Cays Realty
3589 S Ocean Boulevard 306, South Palm Beach, FL 33480 — MLS photo

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3589 S Ocean Boulevard 306, South Palm Beach, FL 33480

Active · Condominium

$449,000

3589 S Ocean Boulevard 306, South Palm Beach, FL 33480

Beds
2
Baths
2
Living area
1,541 sq ft
$ / sq ft
$291/sq ft
Year built
1974
Lot size
—
HOA fee
$1,778 Monthly
Annual tax
$7,193

About this property

Owner ready to Sell! Remodeled Corner Unit with Peak A Boo Ocean View. Steps from the beach and pools, this 2BR/2BA condo features quartzite countertops, white shaker cabinets, stainless steel appliances, recessed LED lighting, impact windows/sliders, and a spacious terrace. Includes walk-in pantry, raised entry ceiling, reverse osmosis system, 2025 AC, and 2022 water heater. The Mayfair House amenities include 2 pools, gym, sauna, clubhouse, private beach access, and storage.

Property location

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3589 S Ocean Boulevard 306, South Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,541 sq ft
Flooring
Carpet, Concrete, Other, Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Interior features
Kitchen Island, Shower Only, Walk In Closets, Elevator
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
9
Lot size
0 sq ft
Roof
Concrete
Construction
Block
Exterior features
Balcony
Pool
Pool, Association, Community
View
Garden, Ocean, Other, Water

Parking

Covered spaces
0
Parking features
Common, Open, One Space

HOA, Community & Financials

Association fee
$1,778 Monthly
Fee inclusions
Common Area Maintenance
Amenities
Elevators, Fitness Center, Maintenance, Pool, Sauna
Security
Intercom, Lobby Secured, Phone Entry, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$7,193
Subdivision
MAYFAIR HOUSE CONDO
County
Palm Beach
Days on market
205
MLS listing ID
B26009583
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

-$1,160

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-11.1%
Gross yield
10.7%
Mortgage payment
$2,128/mo
Down payment
$112,250
Loan amount
$336,750
Annual NOI
$11,625

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