Cays Realty
5561 Fairway Park Drive 104, Boynton Beach, FL 33437 — MLS photo

Get More Info About This Property

5561 Fairway Park Drive 104, Boynton Beach, FL 33437

Active · Condominium

$230,000

5561 Fairway Park Drive 104, Boynton Beach, FL 33437

Beds
3
Baths
2
Living area
1,426 sq ft
$ / sq ft
$161/sq ft
Year built
1980
Lot size
—
HOA fee
$754 Monthly
Annual tax
$1,082

About this property

First floor 3BR corner unit in Fairway Park at Indian Spring! Enjoy extra privacy with no rear neighbors and the convenience of first-floor living. This spacious residence offers a bright, open layout, generous bedrooms, and a desirable corner-unit feel. Located in a 24-hour guard-gated 55+ active adult community, Indian Spring offers a beautifully maintained setting close to shopping, dining, beaches, and all that Boynton Beach has to offer. A great opportunity for comfortable South Florida living.

Property location

Get Directions

5561 Fairway Park Drive 104, Boynton Beach, FL 33437

Loading property location…

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,426 sq ft
Flooring
Carpet, Ceramic Tile, Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Dual Sinks, Eat In Kitchen, Custom Mirrors, Split Bedrooms, Shower Only, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1980
Stories
2
Lot size
0 sq ft
Architectural style
One Story, Two Story
Roof
Spanish Tile, Tile
Construction
CBSConcrete Block Structure, Block
Pool
None, Association, Community
View
Golf Course

Parking

Covered spaces
0
Parking features
Assigned, Guest

HOA, Community & Financials

Association fee
$754 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Security, Trash
Amenities
Pool, Guard
Security
Gated With Guard
Pets allowed
No
Annual tax
$1,082
Subdivision
INDIAN SPRING
County
Palm Beach
Days on market
161
MLS listing ID
B26029062
Listing status
Active

Virtual tour

Explore 3D / Virtual Tour

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

$810

Cap rate
9.9%
Net yield
9.9%
Cash-on-cash return
15.1%
Gross yield
16.7%
Mortgage payment
$1,090/mo
Down payment
$57,500
Loan amount
$172,500
Annual NOI
$22,809

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