34 Somerset B, West Palm Beach, FL 33417 — MLS photo

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34 Somerset B, West Palm Beach, FL 33417

Active · Condominium

$235,000

34 Somerset B, West Palm Beach, FL 33417

Beds
2
Baths
2
Living area
874 sq ft
$ / sq ft
$269/sq ft
Year built
1972
Lot size
—
HOA fee
$461
Annual tax
—

About this property

Welcome to this beautifully maintained and thoughtfully upgraded condo in the heart of West Palm Beach. This residence offers the perfect blend of comfort, efficiency, and peace of mind with a host of recent improvements designed for modern living. Enjoy year-round comfort with a recently installed air conditioning system in March 2026, complemented by high-performance double-glazed, argon-filled Low-E impact windows featuring an impressive R-value of 4.0. These energy-efficient upgrades not only enhance indoor comfort but also help reduce utility costs. The home's major systems have been meticulously updated, including a new electrical panel in 2022 and a water heater replaced in 2021. The building itself boasts a durable metal roof installed in 2024, offering long-term reliability and added protection. Additional enhancements include increased attic insulation and reinforced rafters, providing superior hurricane resistance and potential insurance savings—an invaluable feature for South Florida living. Looking ahead, residents will benefit from a scheduled elevator replacement in Fall 2026, further enhancing convenience and property value. This condo is an exceptional opportunity for buyers seeking a move-in-ready home with significant upgrades already completed, all in a desirable West Palm Beach location.

Property location

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34 Somerset B, West Palm Beach, FL 33417

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
874 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$461
County
Palm Beach
MLS listing ID
B26011045
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

-$87

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.6%
Gross yield
11.3%
Mortgage payment
$1,114/mo
Down payment
$58,750
Loan amount
$176,250
Annual NOI
$12,323

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