2500 Presidential Way 101, West Palm Beach, FL 33401 — MLS photo

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2500 Presidential Way 101, West Palm Beach, FL 33401

Active · Condominium

$225,000

2500 Presidential Way 101, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,045 sq ft
$ / sq ft
$215/sq ft
Year built
1975
Lot size
—
HOA fee
$760 Monthly
Annual tax
$3,744

About this property

All ages welcome! This first-floor corner unit is located in a secure gated community and offers ultimate convenience with nearby parking. The home features an ideal split-bedroom floor plan with 2 bedrooms and 2 bathrooms, providing maximum privacy. Enjoy a bright interior and a private wrap-around balcony with relaxing garden views, along with a generous dining and entertaining area. For added convenience, the unit includes an in-unit washer/dryer and a private outdoor storage closet. Residents can enjoy the on-site pool and clubhouse. The location is a major plus: just 5 minutes from I-95 and the Palm Beach Outlets, minutes from the beach, and close to Downtown and PBI Airport. Excellent walkability with restaurants and coffee shops just steps away.

Property location

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2500 Presidential Way 101, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,045 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
Cooling
Central Air
Heating
Central, Other
Interior features
Bedroom On Main Level, First Floor Entry

Exterior & Structure

Property type
Condominium
Year built
1975
Stories
5
Architectural style
Garden Apartment
Construction
Other
Exterior features
Balcony, Other
Pool
Association
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
Other

HOA, Community & Financials

Association fee
$760 Monthly
Fee inclusions
Hot Water, Parking, Pools, Sewer, Trash, Water
Amenities
Clubhouse, Pool
Security
Other, Security Guard
Pets allowed
No
Annual tax
$3,744
Subdivision
LANDS OF THE PRESIDENT CO
County
Palm Beach
Days on market
12
MLS listing ID
A12008836
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

-$20

Cap rate
5.6%
Net yield
5.6%
Cash-on-cash return
-0.4%
Gross yield
13.3%
Mortgage payment
$1,067/mo
Down payment
$56,250
Loan amount
$168,750
Annual NOI
$12,561

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