2400 Presidential Way 1006, West Palm Beach, FL 33401 — MLS photo

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2400 Presidential Way 1006, West Palm Beach, FL 33401

Active · Condominium

$235,000

2400 Presidential Way 1006, West Palm Beach, FL 33401

Beds
2
Baths
2
Living area
1,206 sq ft
$ / sq ft
$195/sq ft
Year built
1972
Lot size
—
HOA fee
$1,250
Annual tax
—

About this property

New on market 2/2 unit with great views from both balconies on this great corner unit with desirable Southern views on the10th floor. Clean and bright spaces with neutral decor and ready for fast move in for buyer. Unit has great open kitchen in this safe and secure high-rise doorman building, with an onsite manager in this well-known and sought after 24 hour gated community, Lands of the President. This condo over looks the Jack Nicklaus Banyan Cay Golf course currently under extensive and beautiful updating and renovation. Owner also has one covered parking and guest parking for building. Kitchen has granite counters, stainless steel Appliances. Master has spacious Walk-In Closet & private balcony. Building has swimming pool, gym and card room.

Property location

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2400 Presidential Way 1006, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,206 sq ft

Exterior & Structure

Property type
Condominium
Year built
1972
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,250
County
Palm Beach
MLS listing ID
B26032989
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

-$338

Cap rate
4.0%
Net yield
4.0%
Cash-on-cash return
-6.2%
Gross yield
14.4%
Mortgage payment
$1,114/mo
Down payment
$58,750
Loan amount
$176,250
Annual NOI
$9,314

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