4500 S Ocean Blvd 405, Lantana, FL 33480 — MLS photo

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4500 S Ocean Blvd 405, Lantana, FL 33480

Active · Condominium

$299,000

4500 S Ocean Blvd 405, Lantana, FL 33480

Beds
1
Baths
1
Living area
798 sq ft
$ / sq ft
$375/sq ft
Year built
1961
Lot size
—
HOA fee
$825
Annual tax
—

About this property

PRICE IMPROVEMENT! Experience coastal living from this beautifully updated 4th-floor residence in Imperial House on the quiet barrier island of South Palm Beach. This charming 1-bedroom, 1-bath cooperative offers ocean views from every room and a welcoming blend of comfort and style. Inside, you'll find upgraded flooring, a stunning built-in bar, custom shelving, an electric fireplace, upgraded kitchen countertops and backsplash, an updated bathroom, and a spacious walk-in closet. The building's front balcony offers beautiful views of both the ocean and community pool. Imperial House residents enjoy private beach access, a rooftop sundeck, secure entry, elevator access, assigned parking, and guest parking. Conveniently located near dining, shopping, and resort amenities, this community offers one of the lowest HOA fees on the beach, no land lease, a restored seawall (2023), and all current assessments paid by the seller. Concrete restoration is anticipated to be completed by June 2026. Cash purchase only due to cooperative ownership.

Property location

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4500 S Ocean Blvd 405, Lantana, FL 33480

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
798 sq ft

Exterior & Structure

Property type
Condominium
Year built
1961

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$825
County
Palm Beach
MLS listing ID
A12029426
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

-$857

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.3%
Gross yield
9.1%
Mortgage payment
$1,417/mo
Down payment
$74,750
Loan amount
$224,250
Annual NOI
$6,723

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