1551 N Flagler Drive 605, West Palm Beach, FL 33401 — MLS photo

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1551 N Flagler Drive 605, West Palm Beach, FL 33401

Active · Condominium

$617,000

1551 N Flagler Drive 605, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,175 sq ft
$ / sq ft
$525/sq ft
Year built
2005
Lot size
—
HOA fee
$1,250
Annual tax
—

About this property

$20,000.00 PRICE REDUCTION!!! Beautifully renovated 2 bed/2 bath condo in The Slade on the intracoastal in West Palm Beach. The Slade encompasses exclusive design elements from two Infinity pools, The Sunrise and Sunset pool decks with resort style seating, Modern lobby that will take your breath away. The exquistly updated Kitchen features Quartz contertops and premium new appliances. The split floor plan makes this the perfect Florida retreat. Both bathrooms have been updated and feature frameless shower doors. A "barn door" separates the second bedroom/office to create a "suite" for your guests or an office for you. The building has valet parking, newly updated gym, saunas and a relaxing hot tub and a Zen garden! on-site concierge management. It's a 5-minute drive to Worth Ave., Poinciana Plaza and beautiful Lake Trail path along the intracoastal in Palm Beach, as well as a 25-minute drive to Wellington, the Equestrian capital from January to April. West Palm has taken the mantle of 'Wall Street South'' and this condo fits the mold.

Property location

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1551 N Flagler Drive 605, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,175 sq ft

Exterior & Structure

Property type
Condominium
Year built
2005
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,250
County
Palm Beach
MLS listing ID
B26019539
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

-$2,081

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.5%
Gross yield
7.4%
Mortgage payment
$2,925/mo
Down payment
$154,250
Loan amount
$462,750
Annual NOI
$10,128

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