Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,824 sq ft
Active · SingleFamilyResidence
$774,900
15647 Merritt Drive, Westlake, FL 33470
- Beds
- 3
- Baths
- 2
- Living area
- 1,824 sq ft
- $ / sq ft
- $425/sq ft
- Year built
- 2023
- Lot size
- 6,838 sq ft
- HOA fee
- $425
- Annual tax
- —
About this property
Beautifully maintained 2 bedroom, 2 bathroom home with a versatile den, perfectly situated on a serene lake lot in the highly sought after active adult community of Cresswind Palm Beach. This home is designed for comfort and entertaining, featuring a heated saltwater pool, spacious outdoor kitchen, and tranquil lake views. Enjoy Florida living year round with seamless indoor-outdoor flow and a thoughtfully designed layout. Cresswind offers resort style amenities and an active lifestyle just minutes from everything Palm Beach has to offer.
Property location
Get Directions15647 Merritt Drive, Westlake, FL 33470
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 2023
- Lot size
- 6,838 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $425
- County
- Palm Beach
- MLS listing ID
- B26012566
- 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
-$905
- Cap rate
- 4.3%
- Net yield
- 4.3%
- Cash-on-cash return
- -5.0%
- Gross yield
- 8.4%
- Mortgage payment
- $3,673/mo
- Down payment
- $193,725
- Loan amount
- $581,175
- Annual NOI
- $33,224
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.