Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,795 sq ft
Active · Condominium
$242,500
12511 Imperial Isle Drive 402, Boynton Beach, FL 33437
- Beds
- 3
- Baths
- 2
- Living area
- 1,795 sq ft
- $ / sq ft
- $135/sq ft
- Year built
- 2001
- Lot size
- —
- HOA fee
- $1,153
- Annual tax
- —
About this property
Rare penthouse opportunity in the sought-after 55+ community of Coral Lakes! This spacious 3bedroom, 2bath residence offers nearly 1,800 square feet of living space w/beautiful lake views, soaring ceilings, abundant natural light, and a desirable split-bedroom floor plan. Covered Parking spot w/deed & Title, brand-new roof; assessment paid by seller; 2018 furnace, hot water heater 2002. Maintenance fee includes water, cable, landscaping, outside exterior and full access to Coral Lakes' exceptional amenities, including a renovated clubhouse, indoor/outdoor pools, fitness center, tennis, pickleball, Bocci Ball, theater, cafe, and countless social activities. Resort-style living in one of Boynton Beach's most popular active adult communities. CALL TO SCHEDULE SHOWING!
Property location
Get Directions12511 Imperial Isle Drive 402, Boynton Beach, FL 33437
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2001
- Lot size
- 0 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $1,153
- County
- Palm Beach
- MLS listing ID
- B26034621
- 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
$680
- Cap rate
- 9.1%
- Net yield
- 9.1%
- Cash-on-cash return
- 12.0%
- Gross yield
- 19.3%
- Mortgage payment
- $1,150/mo
- Down payment
- $60,625
- Loan amount
- $181,875
- Annual NOI
- $21,956
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.