2301 Ridgeway Avenue, West Palm Beach, FL 33401 — MLS photo

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2301 Ridgeway Avenue, West Palm Beach, FL 33401

Active · SingleFamilyResidence

$1,450,000

2301 Ridgeway Avenue, West Palm Beach, FL 33401

Beds
3
Baths
2
Living area
1,320 sq ft
$ / sq ft
$1,098/sq ft
Year built
1950
Lot size
9,357 sq ft
HOA fee
—
Annual tax
$6,495

About this property

Presenting a rare opportunity to embrace resort-style living in West Palm Beach! This beautifully renovated 3-bedroom, 2-bathroom single-family home is situated on a generous 9,356-square-foot lot and offers the freedom of no HOA restrictions. Relax and entertain in your private backyard oasis featuring a heated swimming pool, lush tropical landscaping, and plenty of space for outdoor living and gatherings. Conveniently located just minutes from downtown West Palm Beach, this home combines comfort, privacy, and an unbeatable location. With a proven Airbnb history and consistent 5-star reviews, this exceptional property presents an outstanding opportunity for both owner-occupants and investors seeking a high-performing short-term rental.

Property location

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2301 Ridgeway Avenue, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,320 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Family Dining Room, Main Living Area Entry Level, Tub Shower
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1950
Stories
1
Lot size
9,357 sq ft
Architectural style
Ranch, One Story
Roof
Composition, Shingle
Construction
Aluminum Siding
Exterior features
Courtyard, Fence, Storm Security Shutters
Pool
Pool
View
Garden, Pool

Parking

Covered spaces
0
Parking features
Driveway

HOA, Community & Financials

Amenities
Pool
Pets allowed
No
Annual tax
$6,495
Subdivision
BELVEDERE PARK
County
Palm Beach
Days on market
167
MLS listing ID
B26017369
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

-$2,533

Cap rate
3.6%
Net yield
3.6%
Cash-on-cash return
-7.5%
Gross yield
5.3%
Mortgage payment
$6,874/mo
Down payment
$362,500
Loan amount
$1,087,500
Annual NOI
$52,086

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