Cays Realty
1116 Lake Terrace 207, Boynton Beach, FL 33426 — MLS photo

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1116 Lake Terrace 207, Boynton Beach, FL 33426

Active · Condominium

$75,000

1116 Lake Terrace 207, Boynton Beach, FL 33426

Beds
1
Baths
1
Living area
675 sq ft
$ / sq ft
$111/sq ft
Year built
1973
Lot size
—
HOA fee
$446 Monthly
Annual tax
$393

About this property

Welcome to this beautifully updated UNFURNISHED 1 bed, 1 bath second-floor condo in Leisureville of Boynton Beach, an ACTIVE ADULT 55+ COMMUNITY! Enjoy stunning lake views from your private retreat, accessed by a convenient staircase. Tastefully renovated with modern finishes throughout, this move-in ready unit shines. Leisureville offers fantastic amenities including a clubhouse, sparkling community pools, fitness center, shuffleboard, and an active social calendar. Close to shopping, dining, and beaches. Your Florida lifestyle awaits! $446 dues and $124 REC LEASE 1 month min, 10 month max for rental

Property location

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1116 Lake Terrace 207, Boynton Beach, FL 33426

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
675 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Electric Range, Refrigerator
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Living Dining Room, Tub Shower, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
1973
Stories
2
Lot size
0 sq ft
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block
Exterior features
None
Pool
None, Association, Community
Spa
Community
View
Lake, Water

Parking

Covered spaces
0
Parking features
Assigned

HOA, Community & Financials

Association fee
$446 Monthly
Fee inclusions
Common Area Maintenance, Golf, Insurance, Sewer, Security, Trash, Water
Amenities
Clubhouse, Golf Course, Library, Pool, Putting Greens, Shuffleboard Court, Sauna, Spa Hot Tub, Security
Security
Security Guard
Pets allowed
No
Annual tax
$393
Subdivision
LEISUREVILLE LAKE CONDO
County
Palm Beach
Days on market
106
MLS listing ID
B26036425
Listing status
Active

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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

$345

Cap rate
11.2%
Net yield
11.2%
Cash-on-cash return
19.7%
Gross yield
22.7%
Mortgage payment
$356/mo
Down payment
$18,750
Loan amount
$56,250
Annual NOI
$8,402

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