Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,638 sq ft
Active · Condominium
$370,500
1610 Presidential Way B-305, West Palm Beach, FL 33401
- Beds
- 3
- Baths
- 2
- Living area
- 1,638 sq ft
- $ / sq ft
- $226/sq ft
- Year built
- 2004
- Lot size
- —
- HOA fee
- $755
- Annual tax
- —
About this property
INVESTORS!!! Tenant already in place. Nice and comfortable apartment with 3 bedroom, 2 bath at prestigious Park Place Condominium Community, conveniently located next to the ''Palm Beach Outlets- shopping paradise. Close to City Place, Clematis Street, downtown, beaches and I95. With tile flooring, granite kitchen countertops, wooden cabinets, whirlpool tubs, carpet, two assigned parking spaces. Park Place offers residents a truly unique and sophisticated West Palm Beach lifestyle for a price that cannot be matched.
Property location
Get Directions1610 Presidential Way B-305, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2004
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $755
- County
- Palm Beach
- MLS listing ID
- B26027702
- 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
$256
- Cap rate
- 6.5%
- Net yield
- 6.5%
- Cash-on-cash return
- 3.0%
- Gross yield
- 12.8%
- Mortgage payment
- $1,756/mo
- Down payment
- $92,625
- Loan amount
- $277,875
- Annual NOI
- $24,150
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.