Cays Realty
3050 Presidential Way 305, West Palm Beach, FL 33401 — MLS photo

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3050 Presidential Way 305, West Palm Beach, FL 33401

Active · Condominium

$259,900

3050 Presidential Way 305, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,042 sq ft
$ / sq ft
$249/sq ft
Year built
1975
Lot size
—
HOA fee
$911 Monthly
Annual tax
$3,785

About this property

Beautiful furnished 2 bedroom 2 bath unit with open kitchen and beautiful views of Palm trees, lake, golf course from the Balcony. Prestigious gated community of Lands of the President. Unit has open kitchen with stainless steel appliances & has accordion shutters throughout. Enjoy the beautiful pool and everything the neighborhood has to offer like 24-hr gated security, Personal Laundry room with Washer & Dryer in the apartment. Great Location near Palm Beach Outlets, Downtown West Palm Beach, Airport, & Beaches. Walking distance to Golf Course.

Property location

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3050 Presidential Way 305, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,042 sq ft
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Tub Shower, Walk In Closets, Pantry
Furnished
Partially

Exterior & Structure

Property type
Condominium
Year built
1975
Stories
4
Lot size
0 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community

Parking

Covered spaces
0
Parking features
Open

HOA, Community & Financials

Association fee
$911 Monthly
Fee inclusions
Insurance, Parking, Security, Trash, Water
Amenities
Elevators, Pool, Guard, Trash
Security
Gated With Guard
Pets allowed
No
Annual tax
$3,785
Subdivision
LANDS OF THE PRESIDENT CON
County
Palm Beach
Days on market
165
MLS listing ID
B26026607
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.

Estimated monthly cash flow

-$279

Cap rate
4.4%
Net yield
4.4%
Cash-on-cash return
-4.6%
Gross yield
12.0%
Mortgage payment
$1,232/mo
Down payment
$64,975
Loan amount
$194,925
Annual NOI
$11,436

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