5883 La Paseos Drive D-2, FL 33463 — MLS photo

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5883 La Paseos Drive D-2, FL 33463

Active · Condominium

$174,900

5883 La Paseos Drive D-2, FL 33463

Beds
2
Baths
2
Living area
920 sq ft
$ / sq ft
$190/sq ft
Year built
1979
Lot size
—
HOA fee
$1,176 Quarterly
Annual tax
$2,048

About this property

Welcome to La Pinata a 55+ community! This beautifully renovated and maintained 2-bedroom, 1.5-bath condo is ideally situated in a prime location just steps from the clubhouse and pool, offering both convenience and added privacy. Stylish décor has a neutral color palette with laminate flooring throughout and an updated kitchen designed to impress, featuring granite countertops, stainless steel appliances, a tiled backsplash, pull-out cabinetry and a dedicated coffee (or wine) bar. Enjoy year-round comfort and peace of mind with UV window film, which helps reduce heat and glare, protects furnishings from fading, and can improve energy efficiency. Accordion shutters on all windows provide quick and reliable storm protection which can help lower insurance costs. The second-floor location offers additional advantages, including enhanced privacy, improved natural light, and added security, along with reduced exposure to ground-level moisture. Major updates include a new roof (2025) and water heater (2025), with the A/C replaced in 2017 and a newer electrical panel already in place. Recessed lighting adds a modern touch throughout the home. The bedrooms both features walk-in closets, while the bathroom includes a convenient step-in shower. Washer Dryer are located in the walk in closet off kitchen with additional shelving for pantry items or extra storage space. Relax on your private enclosed patio with a storage closet for extra convenience. Furniture is negotiable, making this a truly move-in-ready opportunity.

Property location

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5883 La Paseos Drive D-2, FL 33463

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
920 sq ft
Flooring
Hardwood, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Shower Only, Bar, Walk In Closets
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
2
Lot size
0 sq ft
Roof
Composition, Shingle
Exterior features
Patio, Awnings, Storm Security Shutters
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Guest

HOA, Community & Financials

Association fee
$1,176 Quarterly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Water
Association
Infinity Community
Association contact
561-721-9776 ex
Amenities
Clubhouse, Management, Pool, Shuffleboard Court, Trails
Pets allowed
No
Annual tax
$2,048
Subdivision
LA PINATA CONDO
County
Palm Beach
Days on market
183
MLS listing ID
B26018434
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

$430

Cap rate
8.6%
Net yield
8.6%
Cash-on-cash return
10.5%
Gross yield
14.7%
Mortgage payment
$829/mo
Down payment
$43,725
Loan amount
$131,175
Annual NOI
$15,104

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