Cays Realty
2860 S Ocean Boulevard 214, Palm Beach, FL 33480 — MLS photo

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2860 S Ocean Boulevard 214, Palm Beach, FL 33480

Active · Condominium

$745,000

2860 S Ocean Boulevard 214, Palm Beach, FL 33480

Beds
3
Baths
2
Living area
1,578 sq ft
$ / sq ft
$472/sq ft
Year built
1971
Lot size
—
HOA fee
$2,000 Monthly
Annual tax
$8,964

About this property

Experiance effortless water front living .Think old Palm Beach , large expansive lobby , beautiful saltwater pool on the intracoatal . 3 bedroom / 2 bath /in unit laundry facility renovated and light filled .Ready to move in . 24 hour Doormen , Storage galore Golf Club ,Bike and Storage units on each floor . Building has no pending assesments to be paid by the buyer .

Property location

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2860 S Ocean Boulevard 214, Palm Beach, FL 33480

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,578 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Ceiling Fans, Central Air
Heating
Central
Interior features
Breakfast Area, Entrance Foyer, Eat In Kitchen, Living Dining Room, Split Bedrooms, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
6
Lot size
0 sq ft
Architectural style
One Story
Roof
Tar Gravel
Construction
Block
Exterior features
Balcony, Barbecue, Courtyard, Lighting, Outdoor Shower, Shutters Electric, Storm Security Shutters
Pool
None, Association, Community, Heated
Waterfront
Intracoastal Access, Ocean Access

Parking

Covered spaces
2
Parking features
Assigned, Covered, Detached, Garage

HOA, Community & Financials

Association fee
$2,000 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Legal Accounting, Parking, Pest Control, Pools, Recreation Facilities, Roof, Sewer, Security, Trash, Water
Amenities
Bike Storage, Community Kitchen, Fitness Center, Laundry, Library, Management, Barbecue, Picnic Area, Pool, Security, Storage, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Lobby Secured, Security System
Pets allowed
No
Annual tax
$8,964
Subdivision
LA PALMA CONDO
County
Palm Beach
Days on market
141
MLS listing ID
B26027323
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

-$2,313

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.3%
Gross yield
7.9%
Mortgage payment
$3,532/mo
Down payment
$186,250
Loan amount
$558,750
Annual NOI
$14,622

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