1534 Royal Forest Court, West Palm Beach, FL 33406 — MLS photo

Active · Residential

$289,995

1534 Royal Forest Court, West Palm Beach, FL 33406

Beds: 2
Baths: 2
Living area: 1,100 sq ft
$ / sq ft: $264/sq ft
Year built: 1985
Lot size: —
HOA fee: $330 Monthly
Annual tax: $4,224

About this property

Nice upgraded one-story corner unit, vaulted ceiling, marble floors, stainless steel appliance, walk-in closet, energy efficient washer and dryer, Newer AC, large private fenced and paved patio with picnic table and mango tree. Newer roof 2024. Great option for first time homebuyers, qualifies for FHA financing and seller is willing to buy down the rate for buyers. Close to highways, minutes to beaches, city place and the new outlet mall. Community offers swimming pool and picnic area. AS PER THE OWNER, SOMETIMES THE HOA HAS EXCEPTIONS FOR THE RULES. CALL HOA FOR MORE DETAILS.

Property location

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1534 Royal Forest Court, West Palm Beach, FL 33406

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,100 sq ft
Flooring: Marble
Appliances: Built In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Main Level Primary, Main Living Area Entry Level, Vaulted Ceilings, Walk In Closets
Furnished: Unfurnished

Exterior & Structure

Property type: Residential
Year built: 1985
Stories: 1
Architectural style: One Story
Roof: Wood Trusses
Construction: Stucco
Exterior features: Fence, Patio
Pool: None, Association, Community

Parking

Covered spaces: 0

HOA, Community & Financials

Association fee: $330 Monthly
Fee inclusions: Common Area Maintenance, Pools
Amenities: Barbecue, Picnic Area, Pool
Pets allowed: No
Annual tax: $4,224
Subdivision: ROYAL FOREST TOWNHOUSES
County: Palm Beach
Days on market: 134
MLS listing ID: B26033992
Listing status: Active

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Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

$273

Cap rate: 6.8%
Net yield: 6.8%
Cash-on-cash return: 4.0%
Gross yield: 11.5%
Mortgage payment: $1,375/mo
Down payment: $72,499
Loan amount: $217,496
Annual NOI: $19,778

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