5462 Palm Springs Lane A, Boynton Beach, FL 33437 — MLS photo

Active · Residential

$289,000

5462 Palm Springs Lane A, Boynton Beach, FL 33437

Beds: 3
Baths: 2
Living area: 1,340 sq ft
$ / sq ft: $216/sq ft
Year built: 1987
Lot size: —
HOA fee: $867 Monthly
Annual tax: $1,537

About this property

True 3-Bedroom, 2-Bathroom Villa in Beautiful Palm Chase 55+ Community. 1-Car Oversized Garage w/ Large Attic Storage + 2-Car Driveway Spots. Almost 1700 SF Total living Space including a nearly 300 SF Enclosed/Air-Conditioned Lanai Offering Add'l Living Space w/Beautiful Private Views. Updated Kitchen with Newer Cabinets, Granite Countertops & Stainless-Steel Appliances. Updated Bathrooms. Laminate Flooring Throughout. Easy Hurricane Protection with full Accordion Shutters. Condo Fee Includes EVERYTHING including fiber-optic internet! Clubhouse Offers Heated/Cooled Pool, Hot Tub, Fitness Rooms, Card Games, Sauna/Steam Rooms, New Pickleball Courts, Bocce Court & More! Beautiful Gated Entrance 1/4 Mile off Military Trail with Shopping/Restaurants Close-by. ESA Pets Welcome!

Property location

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5462 Palm Springs Lane A, Boynton Beach, FL 33437

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,340 sq ft
Flooring: Hardwood, Tile, Wood
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Built In Features, Bedroom On Main Level, Dining Area, Separate Formal Dining Room, First Floor Entry, High Ceilings, Living Dining Room, Main Level Primary, Main Living Area Entry Level, Vaulted Ceilings, Walk In Closets
Furnished: Furnished

Exterior & Structure

Property type: Residential
Year built: 1987
Stories: 1
Architectural style: Ranch, One Story
Roof: Spanish Tile, Tile
Construction: CBSConcrete Block Structure, Block, Stucco
Exterior features: Barbecue, Enclosed Porch, None, Awnings
Pool: None, Association, Community, Heated
Spa: Community
View: Garden

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Assigned, Attached, Driveway, Garage, One Space, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee: $867 Monthly
Fee inclusions: Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Pools, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities: Billiard Room, Clubhouse, Community Kitchen, Controlled Access, Fitness Center, Hobby Room, Library, Management, Maintenance, Pool, Spa Hot Tub, Tennis Courts, Trails
Security: Closed Circuit Cameras, Secured Garage Parking, Security Gate, Smoke Detectors
Pets allowed: No
Annual tax: $1,537
Subdivision: PALM CHASE CONDO
County: Palm Beach
Days on market: 172
MLS listing ID: B26023570
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.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

$353

Cap rate: 7.2%
Net yield: 7.2%
Cash-on-cash return: 5.2%
Gross yield: 13.3%
Mortgage payment: $1,370/mo
Down payment: $72,250
Loan amount: $216,750
Annual NOI: $20,672

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