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1600 Windorah Way #F West Palm Beach, FL 33411
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Key Details
Sold Price $133,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,156 sqft
Price per Sqft $115
Subdivision Palm Beach Place Condo
MLS Listing ID A10806913
Style None
Bedrooms 3
Full Baths 2
HOA Fees $364/mo
Year Built 1989
Annual Tax Amount $2,138
Tax Year 2019
Property Description
Breathtaking lake view, 3 bedrooms, 2 bathrooms apartment in a great community with amenities. Property is tenant occupied until March 31. 2020. Excellent investment opportunity for owner's occupancy or investors. Property is rented for $1,450 per month. Annual gross rental income is $17,400. Expenses: Monthly HOA - $364, 2019 property taxes - $2,138, HO6 Insurance - $1,468, Total annual expenses - $7,534. Income before taxes - $9,866. 7.3% return on investment ($9,866/$135,000)
Location
State FL
County Palm Beach County
Community Palm Beach Place Condo
Area 5580
Interior
Heating Central
Cooling Central Air
Flooring Tile
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Amenities Available Clubhouse
Waterfront Yes
Waterfront Description Lake Front,Waterfront
View Y/N Yes
View Lake
Building
Structure Type Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Description No Pet Restrictions, Yes
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Bought with LoKation Real Estate
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