1200 Marine Way 601, North Palm Beach, FL 33408 — MLS photo

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1200 Marine Way 601, North Palm Beach, FL 33408

Active · Condominium

$365,000

1200 Marine Way 601, North Palm Beach, FL 33408

Beds
2
Baths
2
Living area
1,028 sq ft
$ / sq ft
$355/sq ft
Year built
1971
Lot size
—
HOA fee
$2,998
Annual tax
—

About this property

Old Port Cove is a waterfront gated community on the intracoastal in North Palm Beach. 24hr manned gate. Covered Attached Garage Parking for the Building. Tennis Courts and Pool. Marina with slips available and also has a restaurant on site. Sidewalks throughout the community. Building has had all concrete restoration done and new balconies. Laundry room and Mail room on the lobby floor. Close to North Palm Beach Country Club, beaches, shops and restaurants!

Property location

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1200 Marine Way 601, North Palm Beach, FL 33408

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,028 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,998
County
Palm Beach
MLS listing ID
B26032498
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

-$2,951

Cap rate
-4.0%
Net yield
-4.0%
Cash-on-cash return
-34.6%
Gross yield
9.4%
Mortgage payment
$1,730/mo
Down payment
$91,250
Loan amount
$273,750
Annual NOI
-$14,643

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