5540 Tamberlane Circle 121, Palm Beach Gardens, FL 33418 — MLS photo

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5540 Tamberlane Circle 121, Palm Beach Gardens, FL 33418

Active · Condominium

$190,000

5540 Tamberlane Circle 121, Palm Beach Gardens, FL 33418

Beds
2
Baths
2
Living area
959 sq ft
$ / sq ft
$198/sq ft
Year built
1969
Lot size
—
HOA fee
$955
Annual tax
—

About this property

Price Reduced! Motivated Seller! Bright and welcoming ground floor end unit in Tamberlane's active 55+ community. This well maintained 2BR/2BA condo offers a comfortable, easy flow layout with spacious living and dining areas, a serene screened lanai, granite kitchen counters, and tile/vinyl flooring throughout. Recent updates include a new A/C (Sept 2024) and new dishwasher. Enjoy the heated pool, clubhouse, library, game room, and shuffleboard. HOA includes internet and WiFi. Ideally located near PGA area dining, shopping, Gardens Mall, Legacy Place, and major highways, this is convenient, low maintenance living in a prime Palm Beach Gardens location.

Property location

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5540 Tamberlane Circle 121, Palm Beach Gardens, FL 33418

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
959 sq ft

Exterior & Structure

Property type
Condominium
Year built
1969
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$955
County
Palm Beach
MLS listing ID
B26024819
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

-$243

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.5%
Gross yield
14.2%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$7,889

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