6466 Emerald Dunes DR 203 new

West Palm Beach,FL 33411

$ 245000

1 Bed

1 Bath

740 SqFt


Key Details

Property Type Condo

Sub Type Condo/Coop

Listing Status Active

Purchase Type For Sale

Square Footage 740 sqft

Price per Sqft $331

Subdivision Villas At Emerald Dunes Condo

MLS Listing ID RX-11143720

Bedrooms 1

Full Baths 1

HOA Fees $293/mo

Year Built 2005

Annual Tax Amount $3,278

Tax Year 2024

Property Sub-Type Condo/Coop

Property Description

Investor Opportunity - A+ Class Property at Emerald Dunes WPB This exceptional unit comes with reliable long-term tenants for 9yrs+, Rent $1985 per mo New Roof paid for The list price reflects a''going-in'' cap rate of over 6% compared to about 3% for cash in the bank for this A+ class property, a strong performer in Florida's hot market With interest rates on a downward cycle, these cap rates become increasingly attractive, driving upward pressure on condo values. Located just 15 minutes west of downtown, Emerald Dunes is one of the most sought-after gated communities in the area. Residents enjoy 24-hour patrolled security and world-class amenities including two resort-style pools two fitness centers a meditation garden theater room billiards room business cente

Location

State FL

County Palm Beach

Area 5580

Zoning PIPD

Rooms

Other Rooms Laundry-Util/Closet,Storage

Interior

Heating Central

Cooling Central Individual

Flooring Tile

Exterior

Garage Spaces 1.0

Community Features Gated Community

Utilities Available Cable,Electric,Public Sewer,Public Water,Water Available

Amenities Available Bike - Jog,Billiards,Business Center,Clubhouse,Community Room,Fitness Center,Game Room,Internet Included,Manager on Site,Picnic Area,Pool,Putting Green,Spa-Hot Tub,Tennis,Whirlpool

Waterfront Description None

Exposure Southeast

Building

Story 3.00

Foundation CBS,Concrete,Stucco

Others

Acceptable Financing Cash

Listing Terms Cash

Pets Allowed No Aggressive Breeds,Number Limit

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