Excellent investment opportunity! Currently leased at $1,650/month through March 2027, providing immediate and stable rental income. This well-maintained community is ideally situated along the shores of Clear Lake, offering a peaceful setting while being just 10 minutes from Downtown West Palm Beach and CityPlace. With an estimated 6,5% cap rate, this property is an attractive option for investors seeking cash flow, long-term appreciation potential, and a tenant already in place. Community amenities and convenient access to shopping, dining, major highways, and Palm Beach attractions enhance its appeal. Turnkey investment with income from day one.
| MLS # | A12042535 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $507 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 62 |
| Listing Provided By | Miami Partner Realty, LLC | Cristina Parra |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 728 |
| Garage | 1 |
| Story(s) | 3 |
| Property View | Other |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Garage, One Space |
| Tax Annual Amount | 3056 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33401 |
| Area | 4110 |
| Subarea | Palm Bch 4410; 4420; 4430; 4440; 4490; 4500; 451 |
| Community Name | CLEAR LAKE CLUB CONDO |
| Listing VS Median (in CLEAR LAKE CLUB CONDO) | |
Price: $160,000 low | high Med: $1,650 sqft: 728 low | high Med: 527 $ / sqft: $220 low | high Med: $3 On site: 62 low | high Med: 48 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | West Palm Beach |
| Zip Code | 33401 |
| Area | 4110 |
| Subarea | Palm Bch 4410; 4420; 4430; 4440; 4490; 4500; 451 |
| Community Name | CLEAR LAKE CLUB CONDO |
| Listing VS Median (in CLEAR LAKE CLUB CONDO) | |
Price: $160,000 low | high Med: $1,650 sqft: 728 low | high Med: 527 $ / sqft: $220 low | high Med: $3 On site: 62 low | high Med: 48 | |