9845 Baywinds Dr 6308, West Palm Beach, FL 33411 — MLS photo

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9845 Baywinds Dr 6308, West Palm Beach, FL 33411

Active · Condominium

$297,500

9845 Baywinds Dr 6308, West Palm Beach, FL 33411

Beds
2
Baths
2
Living area
1,141 sq ft
$ / sq ft
$261/sq ft
Year built
2004
Lot size
—
HOA fee
$449 Monthly
Annual tax
$5,622

About this property

Excellent opportunity for investors looking to generate steady cash flow. This beautiful corner unit is located in the highly desirable Mezzano gated community in West Palm Beach and offers excellent potential for strong rental income and cash flow. The unit has been updated with a granite kitchen countertop, modern vanities, tile flooring with a wood-like finish, and brand new appliances, including a refrigerator, stove, microwave, and dishwasher. The A/C unit and water heater were replaced in 2022, making this a move-in-ready, low-maintenance investment. The layout is spacious and bright, featuring high ceilings, a split-bedroom floor plan, and a large living area that opens to a full-size balcony with garden and pool views. Natural light fills the unit, and the property includes two assigned parking spaces. Mezzano is a well-maintained, resort-style gated community with strong rental demand. Amenities include a swimming pool, gym, updated clubhouse, BBQ areas, beach volleyball court, and a new playground. The buildings were recently painted, and the roof was replaced in 2021. Conveniently located near banks, supermarkets, restaurants, shopping, and just minutes from Palm Beach International Airport, this property is a turnkey, income-producing opportunity offering comfort, style, and long-term value. Unit comes with 2 car parking spaces. Currently tenant occupied.

Property location

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9845 Baywinds Dr 6308, West Palm Beach, FL 33411

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,141 sq ft
Flooring
Laminate, Tile
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Bathtub, Living Dining Room, Other, Pantry, Split Bedrooms, Third Floor Entry, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2004
Stories
3
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Barbecue
Pool
Association
View
Garden, Other, Pool

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Detached, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$449 Monthly
Fee inclusions
Common Areas, Insurance, Maintenance Grounds, Water
Amenities
Bike Storage, Business Center, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Vehicle Wash Area
Security
Closed Circuit Cameras, Phone Entry, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$5,622
Subdivision
MEZZANO CONDO
County
Palm Beach
Days on market
170
MLS listing ID
A12005718
Listing status
Active

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Estimated monthly cash flow

$83

Cap rate
6.0%
Net yield
6.0%
Cash-on-cash return
1.2%
Gross yield
11.6%
Mortgage payment
$1,410/mo
Down payment
$74,375
Loan amount
$223,125
Annual NOI
$17,925

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