2640 W Gately Dr Drive W 1204, West Palm Beach, FL 33415 — MLS photo

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2640 W Gately Dr Drive W 1204, West Palm Beach, FL 33415

Active · Residential

$280,000

2640 W Gately Dr Drive W 1204, West Palm Beach, FL 33415

Beds
3
Baths
2
Living area
1,384 sq ft
$ / sq ft
$202/sq ft
Year built
1995
Lot size
—
HOA fee
$550 Monthly
Annual tax
$4,162

About this property

A newly painted, 1,384 sqft corner villa featuring 3 bedrooms and 2 bathrooms, plus a one-car garage equipped with a new electric hurricane-rated door. This home is situated in a centrally located, active adult community (55+). The property boasts quartz countertops in a recently remodeled, open-concept kitchen featuring all-new appliances. It features a mix of tile and wood flooring throughout, a spacious master bedroom with a fully renovated an-suite bathroom—complete with tempered glass shower doors—and a walk-in closet, as well as two additional, equally spacious bedrooms. Outside, you will find a screened-in covered patio with a laundry area, along with a lovely backyard. The HOA fee covers building insurance, water, cable TV, internet, sewer service, trash collection, and maintenance of both the landscaping and common areas. Additionally, the community offers two heated swimming pools, access to a clubhouse, tennis courts, and a banquet/meeting hall. Conveniently located close to shops, restaurants, beaches, and PBIA airport. A truly beautiful property!

Property location

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2640 W Gately Dr Drive W 1204, West Palm Beach, FL 33415

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,384 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Dual Sinks, Living Dining Room, Vaulted Ceilings, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Residential
Year built
1995
Stories
1
Roof
Composition, Shingle
Construction
Block
Exterior features
Patio, Tennis Courts, Storm Security Shutters
Pool
None, Association, Community
View
Garden

Parking

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

HOA, Community & Financials

Association fee
$550 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Internet, Sewer, Trash, Water
Amenities
Business Center, Clubhouse, Pool, Tennis Courts
Pets allowed
No
Annual tax
$4,162
Subdivision
ARBOURS II OF THE PALM BEA
County
Palm Beach
Days on market
109
MLS listing ID
B26022600
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

$547

Cap rate
8.0%
Net yield
8.0%
Cash-on-cash return
8.4%
Gross yield
14.0%
Mortgage payment
$1,327/mo
Down payment
$70,000
Loan amount
$210,000
Annual NOI
$22,497

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