Active · Townhouse
$320,000
1611 16th Way, West Palm Beach, FL 33407
- Beds
- 2
- Baths
- 3
- Living area
- 1,236 sq ft
- $ / sq ft
- $259/sq ft
- Year built
- 1983
- Lot size
- 1,346 sq ft
- HOA fee
- $605 Monthly
- Annual tax
- $5,601
About this property
Welcome to this beautifully renovated, move-in ready 2-bedroom, 2.5-bath townhome nestled within the highly sought-after and meticulously maintained Sandalwood Lakes community. Enter through your ultra-private gated courtyard and discover a home that has been thoughtfully updated from top to bottom. Designed for modern living and effortless entertaining, the bright open-concept floor plan showcases fresh interior paint, updated lighting and ceiling fans, upgraded flooring, and a stunning remodeled kitchen featuring a sleek breakfast bar and newer stainless steel appliances. Upstairs, retreat to the spacious primary suite complete with a private updated bathroom, generous closet space, and a private balcony. The versatile second bedroom also offers balcony access, creating the perfect space for guests or a home office. Both full bathrooms have been beautifully renovated, and the powder room has been tastefully updated as well. An in-unit laundry room adds everyday convenience. Enjoy vacation-style living year-round with Sandalwood Lakes' exceptional amenities, including three clubhouses, sparkling pools, tennis courts, and pickleball courts. Ideally located just minutes from Downtown West Palm Beach, major hospitals, top universities, Tanger Outlets, and Florida's pristine white-sand beaches, with easy access to I-95 and the Florida Turnpike. This is a rare opportunity to own a fully updated home in one of the area's most desirable communities. Schedule your private showing today. This is a short sale.
Interior & exterior features
Appliances
- Built In Oven
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Disposal
- Microwave
- Refrigerator
- Self Cleaning Oven
- Washer
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Views
- Garden
Parking
- Assigned
- Two Or More Spaces
Interior features
- Closet Cabinetry
- Dual Sinks
- High Ceilings
- Split Bedrooms
- Upper Level Primary
- Walk In Closets
Exterior features
- Courtyard
- Fence
- Patio
- Tennis Courts
- Storm Security Shutters
Pool
- None
- Association
- Community
Flooring
- Tile
- Vinyl
roof
- Other
construction
- Block
- Stucco
association_amenities
- Basketball Court
- Clubhouse
- Maintenance
- Pool
- Trails
association_fee_includes
- Common Area Maintenance
- Cable Tv
- Insurance
- Parking
- Sewer
- Trash
- Water
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
$19
- Cap rate
- 5.8%
- Net yield
- 5.8%
- Cash-on-cash return
- 0.3%
- Gross yield
- 11.6%
- Mortgage payment
- $1,517/mo
- Down payment
- $80,000
- Loan amount
- $240,000
- Annual NOI
- $18,433
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.