449 Golden River Drive, West Palm Beach, FL 33411 — MLS photo

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449 Golden River Drive, West Palm Beach, FL 33411

Active · Condominium

$190,000

449 Golden River Drive, West Palm Beach, FL 33411

Beds
2
Baths
2
Living area
1,302 sq ft
$ / sq ft
$146/sq ft
Year built
1979
Lot size
—
HOA fee
$705 Monthly
Annual tax
$3,330

About this property

Largest model in Golden Lakes 55+ community! This spacious E-Villa features a formal dining area, tile and wood flooring throughout, and a well-maintained kitchen with appliances replaced in mid-2022, including the refrigerator, range, dishwasher, and microwave. A new hot water heater and fairly new A/C provide added comfort and peace of mind. Enjoy the oversized enclosed patio with a stunning lake view, plus an additional storage closet for added convenience. Residents of Golden Lakes enjoy an exceptional lifestyle with HOA maintenance that includes cable, internet, building insurance, water, sewer, guard-gated security, recreation facilities, tennis, and a full-time social director. A courtesy bus is available twice a week for trips to grocery stores, shopping centers, and malls. Attention All Brokers: This property is located in an ideal location to stores, restaurants and services. It is also less than a mile from Florida's Turnpike. A Courtesy bus is provided twice a week for residents' shopping needs. Capital contributions of $3,240 paid by Buyer at closing. The HOA has 100% in ''Reserve Funds. Total of 800 units. Application fee $100 for first adult couple., an additional $100 for additional adult. Interviews scheduled for the 1st and 3rd Thursday of each month. A 20% minimum down payment required if financed. Buyer cannot rent unit in the first year of ownership.

Property location

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449 Golden River Drive, West Palm Beach, FL 33411

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,302 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Electric
Interior features
Bedroom On Main Level, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
1
Lot size
0 sq ft
Roof
Aluminum, Barrel
Construction
Block
Exterior features
Enclosed Porch
Pool
None, Association, Community, Heated
View
Lake

Parking

Covered spaces
0
Parking features
Two Or More Spaces

HOA, Community & Financials

Association fee
$705 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Internet, Pools, Recreation Facilities, Water
Amenities
Billiard Room, Clubhouse, Community Kitchen, Fitness Center, Barbecue, Picnic Area, Pool, Shuffleboard Court, Tennis Courts, Trails, Transportation Service
Security
Security Guard
Pets allowed
No
Annual tax
$3,330
Subdivision
GOLDEN LAKES VILLAGE CONDO
County
Palm Beach
Days on market
135
MLS listing ID
B26021999
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

$585

Cap rate
9.4%
Net yield
9.4%
Cash-on-cash return
13.2%
Gross yield
18.1%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$17,833

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