5775 W Fernley Dr Drive W 134, West Palm Beach, FL 33415 — MLS photo

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5775 W Fernley Dr Drive W 134, West Palm Beach, FL 33415

Active · Residential

$160,000

5775 W Fernley Dr Drive W 134, West Palm Beach, FL 33415

Beds
2
Baths
2
Living area
1,300 sq ft
$ / sq ft
$123/sq ft
Year built
1979
Lot size
—
HOA fee
$503 Monthly
Annual tax
$763

About this property

BACK ON THE MARKET and ready for a new owner! This 2-bedroom, 2-bath residence offers comfortable, low-maintenance Florida living at an attractive price point. The home features a NEW washer, dryer, microwave, and electric range, giving the next owner added convenience from day one. Major updates include a 2023 A/C system and a 2020 tankless water heater, helping take the worry out of some of the bigger-ticket items. The spacious layout provides plenty of room for everyday living, entertaining, or hosting overnight guests. Enjoy the convenience of being close to shopping, dining, medical facilities, entertainment, and everything West Palm Beach has to offer. Whether you're searching for a full-time residence or a seasonal Florida getaway, this home is an excellent​​‌​​​​‌​‌​​​​‌​​‌​​​​‌​​​‌‌​​​​ opportunity.

Property location

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5775 W Fernley Dr Drive W 134, West Palm Beach, FL 33415

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,300 sq ft
Flooring
Tile
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Breakfast Area, Living Dining Room, Main Living Area Entry Level
Furnished
Unfurnished

Exterior & Structure

Property type
Residential
Year built
1979
Stories
1
Architectural style
One Story
Roof
Flat, Spanish Tile, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
None, Patio, Storm Security Shutters
Pool
None, Association, Community
View
Other, Water

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$503 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Sewer, Water
Amenities
Billiard Room, Clubhouse, Pool, Shuffleboard Court
Pets allowed
No
Annual tax
$763
Subdivision
CRESTHAVEN CONDO TOWNHOMES
County
Palm Beach
Days on market
128
MLS listing ID
B26021054
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

$1,077

Cap rate
13.8%
Net yield
13.8%
Cash-on-cash return
28.8%
Gross yield
20.8%
Mortgage payment
$758/mo
Down payment
$40,000
Loan amount
$120,000
Annual NOI
$22,025

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