651 Okeechobee Boulevard 706, West Palm Beach, FL 33401 — MLS photo

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651 Okeechobee Boulevard 706, West Palm Beach, FL 33401

Active · Condominium

$365,000

651 Okeechobee Boulevard 706, West Palm Beach, FL 33401

Beds
1
Baths
1
Living area
706 sq ft
$ / sq ft
$517/sq ft
Year built
2001
Lot size
—
HOA fee
$815 Monthly
Annual tax
$5,098

About this property

For sale - Beautifully furnished condo at The Tower Condo at CityPlace! Residence 706 offers a bright and comfortable living space in the heart of downtown West Palm Beach. Enjoy the convenience of being close to shopping, dining, entertainment, the waterfront, and major transportation. Perfect as a full-time residence, seasonal getaway, or investment opportunity. Move-in ready-turnkey and tastefully furnished—an excellent opportunity to own in one of West Palm Beach's most desirable locations.

Property location

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651 Okeechobee Boulevard 706, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
706 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Built In Features, Tub Shower, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2001
Stories
12
Lot size
0 sq ft
Roof
Flat, Tile
Construction
Block
Pool
None, Association, Community
Spa
In Ground

Parking

Garage spaces
1
Covered spaces
2
Parking features
Assigned, Attached, Covered, Garage, One Space, Valet

HOA, Community & Financials

Association fee
$815 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Parking, Pools, Sewer, Trash, Water
Amenities
Clubhouse, Controlled Access, Fitness Center, Management, Pool, Elevators
Security
Door Man, Key Card Entry, Lobby Secured, Smoke Detectors
Pets allowed
No
Annual tax
$5,098
Subdivision
TOWER CONDO AT CITYPLACE
County
Palm Beach
Days on market
130
MLS listing ID
B26028694
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

-$1,136

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.3%
Gross yield
7.5%
Mortgage payment
$1,730/mo
Down payment
$91,250
Loan amount
$273,750
Annual NOI
$7,137

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