Cays Realty
500 Executive Center Drive 3k, West Palm Beach, FL 33401 — MLS photo

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500 Executive Center Drive 3k, West Palm Beach, FL 33401

Active · Condominium

$130,787

500 Executive Center Drive 3k, West Palm Beach, FL 33401

Beds
1
Baths
1
Living area
704 sq ft
$ / sq ft
$186/sq ft
Year built
1979
Lot size
—
HOA fee
$606 Monthly
Annual tax
$2,483

About this property

Welcome to Breakwaters of the Palm Beaches—where convenience meets comfort in the heart of it all. This beautifully maintained residence offers a light-filled interior with an inviting layout designed for easy living. Enjoy a spacious living area, well-appointed kitchen, and a private balcony perfect for morning coffee or unwinding after a long day. Centrally located near I-95, Palm Beach Outlets, airport, restaurants, and hospitals. The unit is great for a primary occupant or investor as there is a long term tenant paying $1475 a month to month.

Property location

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500 Executive Center Drive 3k, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
704 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Main Living Area Entry Level, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1979
Stories
4
Lot size
0 sq ft
Architectural style
One Story
Roof
Flat, Tile
Construction
Block
Exterior features
Balcony
Pool
None, Association, Community
View
Other, Water

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$606 Monthly
Fee inclusions
Insurance, Laundry, Parking, Recreation Facilities, Sewer, Security, Trash, Water
Association
First Service Reside
Association contact
561.296.5150
Amenities
Clubhouse, Controlled Access, Laundry, Maintenance, Pool, Security, Storage, Tennis Courts, Trash, Elevators
Security
Fire Alarm, Secured Garage Parking, Intercom, Key Card Entry, Phone Entry, Fire Sprinkler System, Security Gate, Smoke Detectors
Pets allowed
No
Annual tax
$2,483
Subdivision
BREAKWATERS OF THE PALM BE
County
Palm Beach
Days on market
153
MLS listing ID
B26022030
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

-$69

Cap rate
5.1%
Net yield
5.1%
Cash-on-cash return
-2.2%
Gross yield
14.9%
Mortgage payment
$620/mo
Down payment
$32,697
Loan amount
$98,090
Annual NOI
$6,617

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