1007 Lake Terry Drive Unit #B, West Palm Beach, FL 33411

$3,150,000
20,110
SqFt
List Price
$3,150,000
Days on Market
15
MLS#
RX-10537906
Status
ACTIVE
Sq. Ft
20,110
Lot Size
55,419
Subtype
Duplex
County
Palm Beach
Community
St Andrews Palm Beach Condo Ii
Subdivision
St Andrews Palm Beach Condo Ii
Year Built
1990

Property Description

INVESTORS DREAM: CASH COW ! THIS IS PART OF 21 APTS PORTFOLIO, SOLD TOGETHER, SPECIAL AND UNIQUE OPPORTUNITY. GREAT CAP RATE OF 9%. YES 9%. ALL UNITS ARE 3 BEDROOM, 2 BATH IN A CONDO, completely renovated, perfect investment with low HOA fees. low taxes and high rent.This is an excellent investment portfolio. CASH COW !, Buy now and start collecting rents today. 100% occupancy , 98.5% annual occupancy in the last 10years. Community has three pools and Laundry facilities. Conveniently located near excellent schools, parks, beaches, The wellington Green mall and City Place. Easy access to I-95, Florida Turnpike and Palm Beach Int'l Airport. LA is related to Seller

Additional Information

Building No
No
Hoa
Yes
Hoa Amount
310
Total Unitsin Bldg
1
Construction
CBS
Cooling
Central
Exterior Feature
Covered Balcony
Flooring
Ceramic Tile, Laminate
Heating
Central, Electric
Lot Description
1 to < 2 Acres, Paved Road
Restrict
Buyer Approval, Commercial Vehicles Prohibited, Lease OK, No Truck/RV, Pet Restrictions, Tenant Approval
Roof
Comp Shingle
Taxes
$1,436
Unit Number
B
Amenities
Common Laundry, Exercise Room, Picnic Area, Play Area, Pool, Putting Green, Street Lights
Waterfront
Interior Canal
Total Unitsin Bldg
1
Roofing
Comp Shingle
Utility
Electric, Electric Service Available, Public Sewer, Public Water
Acres
1.27224517906
Lot Description
1 to < 2 Acres, Paved Road
Price Per Acre
6823238.4
Price Per Sqft
$156

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Cavalli Realty, LLC.