Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 495 sq ft
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Refrigerator
- Cooling
- Central Air, Electric
- Heating
- Central, Electric
- Interior features
- Tub Shower
- Furnished
- Unfurnished
Active · Condominium
$145,000
1500 N Congress Avenue A201, West Palm Beach, FL 33401
- Beds
- 1
- Baths
- 1
- Living area
- 495 sq ft
- $ / sq ft
- $293/sq ft
- Year built
- 1980
- Lot size
- —
- HOA fee
- $327 Monthly
- Annual tax
- $2,790
About this property
FOR SALE — Investor Friendly Condo! Second-floor 1 bedroom, 1 bathroom condo with tenant in place. Lease ends 3/31/2027. Great investment opportunity in Cross Creek Condo with no rental restrictions- rent right away! Unit includes one assigned parking space and access to community laundry. Conveniently located close to I-95, Palm Beach International Airport, shopping, dining, and everyday conveniences. Great opportunity for investors looking for immediate rental income.
Property location
Get Directions1500 N Congress Avenue A201, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1980
- Stories
- 2
- Lot size
- 0 sq ft
- Roof
- Concrete
- Construction
- Block
- Exterior features
- Balcony
- Pool
- None, Association, Community
Parking
- Covered spaces
- 0
- Parking features
- Assigned
HOA, Community & Financials
- Association fee
- $327 Monthly
- Fee inclusions
- Common Area Maintenance, Pest Control, Sewer, Trash, Water
- Amenities
- Pool
- Security
- Smoke Detectors
- Pets allowed
- No
- Annual tax
- $2,790
- Subdivision
- CROSS CREEK CONDO
- County
- Palm Beach
- Days on market
- 115
- MLS listing ID
- B26033937
- Listing status
- Active
Virtual tour
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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
-$186
- Cap rate
- 4.2%
- Net yield
- 4.2%
- Cash-on-cash return
- -5.5%
- Gross yield
- 10.7%
- Mortgage payment
- $687/mo
- Down payment
- $36,250
- Loan amount
- $108,750
- Annual NOI
- $6,018
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.