2480 Presidential Way 704, West Palm Beach, FL 33401 — MLS photo

Active · Condominium

$430,000

2480 Presidential Way 704, West Palm Beach, FL 33401

Beds: 3
Baths: 3
Living area: 2,334 sq ft
$ / sq ft: $184/sq ft
Year built: 1984
Lot size: —
HOA fee: $1,584 Monthly
Annual tax: $2,953

About this property

This is the square footage you've been looking for! Over 2300 +/- living SF at the exclusive Envoy in the gated community of Lands of the President. A formal foyer leads to a grand living room and three generously sized bedrooms. A separate master suite offers a walk-in bathtub + separate shower. Marble flooring throughout the main living area and two balconies. Stunning, expansive views from two balconies of Dutchman's Pipe Golf Course & Belgrove Hotel & Resort. The Envoy offers full amenities including a 24/7 doorman, heated pool, fitness center, library, tennis courts, hot tub, and more. Full time manager & staff. One assigned covered parking space, with water, cable & internet included. Close to Palm Beach Outlets, Whole Foods, downtown West Palm Beach, the airport, and the beach.

Property location

Get Directions

2480 Presidential Way 704, West Palm Beach, FL 33401

Loading property location…

Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Living area: 2,334 sq ft
Flooring: Carpet, Marble
Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Bathtub, Dual Sinks, Living Dining Room, Walk In Closets, Pantry

Exterior & Structure

Property type: Condominium
Year built: 1984
Stories: 20
Lot size: 0 sq ft
Roof: Concrete
Exterior features: Shutters Electric, Storm Security Shutters
Pool: None, Association, Community
View: Golf Course

Parking

Covered spaces: 1
Parking features: Assigned, Detached, Garage, Open

HOA, Community & Financials

Association fee: $1,584 Monthly
Fee inclusions: Association Management, Common Area Maintenance, Cable Tv, Internet, Pest Control, Sewer, Security, Trash, Water
Amenities: Clubhouse, Elevators, Fitness Center, Management, Pool, Guard, Security, Storage, Tennis Courts, Trash
Security: Building Security, Complex Fenced, Door Man, Security Gate, Gated With Guard, Lobby Secured
Pets allowed: No
Annual tax: $2,953
Subdivision: ENVOY COND DECL FILED 12-1
County: Palm Beach
Days on market: 198
MLS listing ID: B26012123
Listing status: Active

Virtual tour

Explore 3D / Virtual Tour

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

$726

Cap rate: 7.7%
Net yield: 7.7%
Cash-on-cash return: 7.2%
Gross yield: 15.0%
Mortgage payment: $2,038/mo
Down payment: $107,500
Loan amount: $322,500
Annual NOI: $33,176

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