2905 29th Way, West Palm Beach, FL 33407 — MLS photo

Active · Townhouse

$280,000

2905 29th Way, West Palm Beach, FL 33407

Beds: 2
Baths: 3
Living area: 1,236 sq ft
$ / sq ft: $227/sq ft
Year built: 1984
Lot size: 1,346 sq ft
HOA fee: $635 Monthly
Annual tax: $6,261

About this property

Move in ready 2 bedroom, 2.5 bathroom townhome in a central West Palm Beach location. Home features new energy efficient A/C and updated plumbing. Interior improvements include resurfaced ceilings with modern lighting, fresh paint, new baseboards, and waterproof, beautiful laminate flooring. The kitchen has been redone with new cabinets, counters, and appliances. Both bedrooms offer private en suite baths with updated vanities and upgraded shower enclosures. Community amenities include three parks, pools, tennis and racquetball courts, walking paths, and playgrounds.

Property location

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2905 29th Way, West Palm Beach, FL 33407

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 3
Living area: 1,236 sq ft
Flooring: Ceramic Tile
Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Dining Area, Separate Formal Dining Room, Dual Sinks, Kitchen Island, Main Living Area Entry Level, Shower Only, Stacked Bedrooms, Walk In Closets, Utility Room
Furnished: Unfurnished

Exterior & Structure

Property type: Townhouse
Year built: 1984
Stories: 2
Lot size: 1,346 sq ft
Construction: Block
Exterior features: Fence, Patio
Pool: None, Association, Community

Parking

Covered spaces: 0
Parking features: Assigned, Guest, One Space

HOA, Community & Financials

Association fee: $635 Monthly
Fee inclusions: Common Area Maintenance, Roof, Trash, Water
Amenities: Clubhouse, Barbecue, Picnic Area, Pool, Tennis Courts
Pets allowed: No
Annual tax: $6,261
Subdivision: VILLAGE OF SANDALWOOD LAKE
County: Palm Beach
Days on market: 119
MLS listing ID: B26036098
Listing status: Active

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Estimated monthly cash flow

$48

Cap rate: 5.9%
Net yield: 5.9%
Cash-on-cash return: 0.7%
Gross yield: 12.8%
Mortgage payment: $1,327/mo
Down payment: $70,000
Loan amount: $210,000
Annual NOI: $16,505

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