Cays Realty
976 Abaco Lane, Riviera Beach, FL 33404 — MLS photo

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976 Abaco Lane, Riviera Beach, FL 33404

Active · Townhouse

$250,000

976 Abaco Lane, Riviera Beach, FL 33404

Beds
2
Baths
3
Living area
1,206 sq ft
$ / sq ft
$207/sq ft
Year built
2007
Lot size
862 sq ft
HOA fee
$368 Monthly
Annual tax
$6,230

About this property

Turnkey investment in gated Marsh Harbour ! Qualified tenant in place at $2,000/month through 2027 positive cash flow from day one. This 2BR/2.5BA townhouse features an open floor plan with tile and carpet throughout, kitchen with appliances and breakfast bar, in-unit washer/dryer, and an attached one-car garage. Both bedrooms offer ample closet space. Sliding glass doors open to a private patio surrounded by lush greenery. Enjoy 24-hour guard-gated security and resort-style amenities including a sparkling pool, tennis courts, and fully equipped fitness center. Minutes from the beach, CityPlace, I-95, shopping, dining, and PBI Airport. No vacancy risk, income starts at closing!

Property location

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976 Abaco Lane, Riviera Beach, FL 33404

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,206 sq ft
Flooring
Carpet, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Living Dining Room, Upper Level Primary, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Townhouse
Year built
2007
Stories
2
Lot size
862 sq ft
Architectural style
Two Story
Roof
Composition, Shingle
Construction
Block, Stucco
Exterior features
None
Pool
None, Association, Community
Waterfront
Other
View
Lake, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$368 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Pest Control, Security
Association
Sky35 Management & M
Association contact
Phone: (561) 623
Amenities
Clubhouse, Fitness Center, Pool, Guard
Security
Gated With Guard, Smoke Detectors
Pets allowed
No
Annual tax
$6,230
Subdivision
MARSH HARBOUR
County
Palm Beach
Days on market
146
MLS listing ID
B26020946
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$354

Cap rate
7.4%
Net yield
7.4%
Cash-on-cash return
6.1%
Gross yield
13.7%
Mortgage payment
$1,185/mo
Down payment
$62,500
Loan amount
$187,500
Annual NOI
$18,470

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