106 Periwinkle Drive, Hypoluxo, FL 33462 — MLS photo

Active · SingleFamilyResidence

$1,450,000

106 Periwinkle Drive, Hypoluxo, FL 33462

Beds: 3
Baths: 3
Living area: 1,638 sq ft
$ / sq ft: $885/sq ft
Year built: 1971
Lot size: —
HOA fee: —
Annual tax: $14,375

About this property

Calling all boaters and sportsmen... Surrounded by a nature preserve, just 1 mile from the Boynton Inlet with no fixed bridges, this completely remodeled waterfront property awaits. Remodel includes kitchen with custom island, quartz countertops, SS appliances, gas cooktop, bathrooms, LVT flooring, tankless water heater (gas), AC, impact windows/doors, window treatments, Travertine patio and pool heater (gas) with serene waterfall, 10,000lb BOAT LIFT (2022) plus room for a floating dock for jet skis or smaller boat. Enjoy the enclosed screened porch with new AC, plus a big yard enclosed with a new 6' white vinyl privacy fence...waterfront dining options just minutes in either direction - Make the ocean your backyard...move in right away and live the salt life now (see sequenced photos)

Property location

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106 Periwinkle Drive, Hypoluxo, FL 33462

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Living area: 1,638 sq ft
Flooring: Tile
Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bedroom On Main Level, French Doors Atrium Doors, Kitchen Island, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Shower Only, Bar, Walk In Closets, Pantry
Furnished: Negotiable

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1971
Stories: 1
Architectural style: One Story
Roof: Composition, Shingle
Construction: CBSConcrete Block Structure, Block
Exterior features: Enclosed Porch, Fence, Patio
Pool: Concrete, Pool Equipment, Pool, Private
Waterfront: Canal Access, Canal Front, Intersecting Canal, Navigable Water, Ocean Access, Seawall
View: Canal, Pool, Water

Parking

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

HOA, Community & Financials

Amenities: Pool
Pets allowed: No
Annual tax: $14,375
Subdivision: HYPOLUXO PARK
County: Palm Beach
Days on market: 145
MLS listing ID: B26026130
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 ($)

Property taxes ($/yr)

Home insurance ($/yr)

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Estimated monthly cash flow

-$2,675

Cap rate: 3.5%
Net yield: 3.5%
Cash-on-cash return: -7.9%
Gross yield: 5.7%
Mortgage payment: $6,874/mo
Down payment: $362,500
Loan amount: $1,087,500
Annual NOI: $50,384

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