Bought with LoKation Real Estate
$151,000
$154,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
1163 Lake Terry DR West Palm Beach, FL 33411
3 Beds
2 Baths
900 SqFt
Key Details
Sold Price $151,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $167
Subdivision St. Andrews Palm Beach Condominium
MLS Listing ID RX-10661156
Sold Date 11/13/20
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Fees $311/mo
HOA Y/N Yes
Year Built 1991
Annual Tax Amount $1,749
Tax Year 2019
Property Description
Here is an AMAZING OPPORTUNITY to own a HIGH RETURN, CASH COW CONDO! GREAT CAP RATE OF 9%. YES 9%. This phenomenal 3 Bedroom, 2 Bath Condo, has completely renovated. Making it the perfect investment with fully funded HOA with low fees, low taxes and high rent of $1,600 with room for increase. This unit has been occupied by the same tenant for over 4 years now and maintained a 98% annual occupancy in the last 10 years. Buy now and start collecting high return rent today. Community has three pools and Laundry facilities. Conveniently located near excellent schools, parks, beaches, The wellington Green mall. Easy access to I-95, Florida Turnpike and Palm Beach Int'l Airport. More units like this are available for sale.
Location
State FL
County Palm Beach
Area 5580
Zoning RS
Rooms
Other Rooms Family
Master Bath None
Interior
Interior Features Pantry
Heating Central
Cooling Central
Flooring Tile, Vinyl Floor
Furnishings Unfurnished
Exterior
Parking Features Open
Utilities Available Electric, Public Sewer, Public Water
Amenities Available Clubhouse, Community Room, Dog Park, Fitness Center, Picnic Area, Playground, Pool, Putting Green, Sidewalks
Waterfront Description Lake
Exposure West
Private Pool No
Building
Story 2.00
Foundation CBS
Unit Floor 2
Construction Status Resale
Others
Pets Allowed Yes
HOA Fee Include Insurance-Bldg,Lawn Care,Maintenance-Exterior,Manager,Parking,Pool Service,Recrtnal Facility,Roof Maintenance,Security,Sewer,Trash Removal,Water
Senior Community No Hopa
Restrictions Buyer Approval,None
Security Features Security Patrol
Acceptable Financing Cash
Horse Property No
Membership Fee Required No
Listing Terms Cash
Financing Cash
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