Cays Realty
639 Executive Center Drive O-208, West Palm Beach, FL 33401 — MLS photo

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639 Executive Center Drive O-208, West Palm Beach, FL 33401

Active · Condominium

$165,000

639 Executive Center Drive O-208, West Palm Beach, FL 33401

Beds
1
Baths
1
Living area
627 sq ft
$ / sq ft
$263/sq ft
Year built
1984
Lot size
—
HOA fee
$502 Monthly
Annual tax
$1,953

About this property

Beautiful 1-bedroom, 1-bathroom condo located close to Downtown West Palm Beach and the Brightline high-speed train station. This second-floor unit features flooring throughout with no carpeting and a full-size washer and dryer in the unit. Excellent opportunity for homeowners and investors, with immediate rental eligibility. New roof completed in 2024. Gated community with assigned parking and community pool. Association fee includes water, trash, common area maintenance, and grounds maintenance. Conveniently located near I-95, shopping, restaurants, public transportation, Brightline, and all that Downtown West Palm Beach has to offer.

Property location

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639 Executive Center Drive O-208, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
627 sq ft
Flooring
Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Eat In Kitchen, Garden Tub Roman Tub, Living Dining Room, Main Living Area Upper Level, Tub Shower
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1984
Stories
2
Lot size
0 sq ft
Architectural style
Garden Apartment, One Story
Roof
Composition, Shingle
Construction
Aluminum Siding, Block
Exterior features
Fence, None, Patio
Pool
None, Association, Community
View
Pool

Parking

Covered spaces
0
Parking features
Assigned, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$502 Monthly
Fee inclusions
Common Area Maintenance, Pools, Roof, Water
Association
Phoenix Property Man
Association contact
954-640-7070
Amenities
Controlled Access, Barbecue, Picnic Area, Pool
Security
Intercom, Phone Entry, Security Gate
Pets allowed
No
Annual tax
$1,953
Subdivision
EDEN PLACE CONDO
County
Palm Beach
Days on market
136
MLS listing ID
B26029445
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

-$123

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.2%
Gross yield
11.5%
Mortgage payment
$782/mo
Down payment
$41,250
Loan amount
$123,750
Annual NOI
$7,909

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