6450 Emerald Dunes Drive #301 West Palm Beach, FL 33411
$345,000
3 Beds
2 Baths
1381 sqft
MLS#
R11144384
Type
Condominium
Status
Active Listing
Square Footage
1,381
Bedrooms
3
Bathrooms
2 full
Year Built
2006
Tax Amount
$4,166
Garage Spaces
1
HOA Fees
$562
Property Description
Investor Opportunity - A+ Class Property at Emerald Dunes WPB This exceptional unit comes with well qualified tenants., Rent $2,700 per mo New Roof paid for Many upgrades inc lighting The list price reflects a''going-in'' cap rate of over 5% 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 center library, tennis courts, and BBQ picnic areas. Everyday conveniences such as grocery stores, banking, the Turnpike, and I-95 are all close by. Florida continues to experience strong in-migration, with the population increasing by 467,347 residents from 2023 to 2024an average of 1,280 people every day! This steady demand contributes to the strength and long-term appreciation potential of properties like this. Income and Expenditure statements for the previous 12 months are available upon request.
Cooling:Ceiling Fan(s), Central Air, Electric
Balcony
Built-in Barbecue
Custom Lighting
Tennis Court(s)
Built-in Features
Custom Mirrors
Pantry
Roman Tub
Storage
Walk-In Closet(s)
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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