1163 Peninsula Way, FL 33413 — MLS photo

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1163 Peninsula Way, FL 33413

Active · SingleFamilyResidence

$559,900

1163 Peninsula Way, FL 33413

Beds
3
Baths
2
Living area
1,874 sq ft
$ / sq ft
$299/sq ft
Year built
1995
Lot size
6,534 sq ft
HOA fee
$91 Monthly
Annual tax
$3,001

About this property

Located in the desirable community of Normandy Isles, this beautifully maintained 1-story home offers 1,874 sq ft of living space on a quiet cul-de-sac with a 2018 roof and newer Trane dual-zone air conditioner. Featuring 3 bedrooms plus an enclosed den/office and 2 bathrooms, this home combines comfort, functionality, and style. Enjoy complete accordion shutters for added storm protection, a 2-car attached garage, spacious driveway for extra parking, and the peace of mind of a gated community with a security guard and two entrance access points. The home is fully rewired for CAT 5 and alarm system connectivity, with sensors installed throughout the entire attic. Inside, the home showcases travertine stone and tile flooring throughout, stainless steel appliances, granite countertops, and rich wood cabinetry. The kitchen includes a convenient laundry area with washer and dryer, and all appliances and furnishings stay with the home. Step outside to your private outdoor retreat featuring a saltwater pool with upgraded travertine patio and lanai, perfect for relaxing or entertaining year-round from the covered, screened patio. The pool was professionally resurfaced in 2020 by Green Turtle Fiberglass Pools. The spacious primary suite features private doors leading directly to the patio and pool area with individual access points for added convenience. Additional upgrades include a whole-house water filtration system by Island Water, fully paid for by the current owners. The system services the showering and laundry water supply, and the new owner may continue service directly through Island Water for future filter maintenance if desired. Conveniently located in a gated community with security guard access and two entrance points, this home offers both privacy and accessibility.

Property location

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1163 Peninsula Way, FL 33413

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,874 sq ft
Flooring
Carpet, Ceramic Tile, Hardwood, Other, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Breakfast Area, Dual Sinks, High Ceilings, Living Dining Room, Custom Mirrors, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Shower Only, Bar, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1995
Stories
1
Lot size
6,534 sq ft
Architectural style
Contemporary Modern, One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Barbecue, Patio, Shutters Electric, Storm Security Shutters
Pool
Free Form, Heated, Other, Pool, Private, Screen Enclosure, Association, Community
View
Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$91 Monthly
Fee inclusions
Common Area Maintenance, Security, Trash
Amenities
Basketball Court, Clubhouse, Controlled Access, Pool, Guard, Security, Trails
Security
Gated With Guard, Intercom, Lobby Secured, Phone Entry, Security Guard, Security System Owned, Security System, Security Gate, Smoke Detectors
Pets allowed
No
Annual tax
$3,001
Subdivision
Olive Tree
County
Palm Beach
Days on market
165
MLS listing ID
B26025627
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

$1,100

Cap rate
8.0%
Net yield
8.0%
Cash-on-cash return
8.4%
Gross yield
10.5%
Mortgage payment
$2,654/mo
Down payment
$139,975
Loan amount
$419,925
Annual NOI
$45,048

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