$133,000
$135,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,156 SqFt
SOLD DATE : 03/17/2020
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
Sold Date 03/17/20
Style None
Bedrooms 3
Full Baths 2
Construction Status Condo-Hotel
HOA Fees $364/mo
HOA Y/N Yes
Year Built 1989
Annual Tax Amount $2,138
Tax Year 2019
Contingent Pending Inspections
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
Interior Features Second Floor Entry
Heating Central
Cooling Central Air
Flooring Tile
Appliance Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Amenities Available Clubhouse
Waterfront Yes
Waterfront Description Lake Front,Waterfront
View Y/N Yes
View Lake
Porch Balcony, Open
Parking Type One Space
Garage Yes
Building
Architectural Style None
Structure Type Block
Construction Status Condo-Hotel
Others
Pets Allowed No Pet Restrictions, Yes
HOA Fee Include Maintenance Grounds,Parking,Trash,Water
Senior Community No
Tax ID 00424329270186006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Pets Description No Pet Restrictions, Yes
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