3630 Alder Drive E2, West Palm Beach, FL 33417 — MLS photo

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3630 Alder Drive E2, West Palm Beach, FL 33417

Active · Condominium

$255,000

3630 Alder Drive E2, West Palm Beach, FL 33417

Beds
2
Baths
2
Living area
1,064 sq ft
$ / sq ft
$240/sq ft
Year built
1985
Lot size
—
HOA fee
$447 Monthly
Annual tax
$1,470

About this property

This is the best condo in the gated desirable community of Palm West. Completely remodeled lake front, second story, two bedroom & 2 bathroom condo that offers lake views from each room of this quaint. The building has a newer roof and the condo has spacious bedrooms, upgraded kitchen and bathrooms, stainless steel appliances, tile floors throughout the house and more. This is one of the fewer communities in WPB with a low monthly HOA fee which includes cable, internet and water. The community is gated and has tennis courts, a nice clubhouse and pool, and conveniently located only minutes from downtown West Palm Beach, PBI airport, beaches, shopping, restaurants and more..

Property location

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3630 Alder Drive E2, West Palm Beach, FL 33417

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,064 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Freezer, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1985
Stories
1
Lot size
0 sq ft
Architectural style
One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
View
Lake

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$447 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Internet, Parking, Water
Amenities
Clubhouse, Maintenance, Pool, Tennis Courts
Security
Smoke Detectors
Pets allowed
No
Annual tax
$1,470
Subdivision
PALM CLUB WEST VILLAGE 1 C
County
Palm Beach
Days on market
170
MLS listing ID
B26024761
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

$427

Cap rate
7.7%
Net yield
7.7%
Cash-on-cash return
7.2%
Gross yield
12.3%
Mortgage payment
$1,209/mo
Down payment
$63,750
Loan amount
$191,250
Annual NOI
$19,634

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