300 Waterway Drive S 407, Lantana, FL 33462 — MLS photo

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300 Waterway Drive S 407, Lantana, FL 33462

Active · Condominium

$170,000

300 Waterway Drive S 407, Lantana, FL 33462

Beds
1
Baths
2
Living area
806 sq ft
$ / sq ft
$211/sq ft
Year built
1973
Lot size
—
HOA fee
$688
Annual tax
—

About this property

Discover condo living on the water in Lantana, FL! Located in the all age community of Waterway Club on the Intracoastal, this condo sits on the top floor featuring 1-bedroom and 1.5-baths with elevator access and an exterior catwalk entry. The spacious living and dining area flows from the kitchen to the open den area off the living room. Plenty of space for an additional room if needed. Enjoy sunrise views of the garden and pool from your terrace! Building roof is 2020. Amenities include; clubhouse, gym, sauna, library, and billiards room. Perfectly located near shopping, dining, and entertainment, lots of new development in the Town of Lantana and Lantana Rd. No waiting period for leasing, investors welcome. Your next real estate opportunity in Palm Beach County awaits!

Property location

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300 Waterway Drive S 407, Lantana, FL 33462

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
806 sq ft

Exterior & Structure

Property type
Condominium
Year built
1973
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$688
County
Palm Beach
MLS listing ID
B26025436
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

-$137

Cap rate
4.7%
Net yield
4.7%
Cash-on-cash return
-3.5%
Gross yield
13.5%
Mortgage payment
$806/mo
Down payment
$42,500
Loan amount
$127,500
Annual NOI
$8,028

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