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Off market
  • $152,100

    1163 Lake Terry Drive, West Palm Beach, FL 33411

    3beds
    900sqft
    Condominium
    Built in 1991
    -- sqft lot
    $152,100 Zestimate®
    $169/sqft
    $-- Estimated rent

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: November 16, 2020 at 08:19am

    Listed by:

    Marcio Dias 561-713-0206,

    Sterling Real Estate Group LLC

    Bought with:

    Kytia Spivak

    LoKation

    Source: BeachesMLS,MLS#: RX-10661156MLS LogoOriginating MLS: Beaches MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Description: All Sizes are estimated
    • Level: M
    • Area: 130
    • Dimensions: 13 x 10
    Kitchen
    • Level: M
    • Area: 77
    • Dimensions: 11 x 7
    Living room
    • Description: All Sizes are estimated
    • Level: M
    • Area: 252
    • Dimensions: 21 x 12
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Electric Range, Refrigerator
    Features
    • Pantry
    • Flooring: Tile, Vinyl
    Interior area
    • Total structure area: 900
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Pool features: Community
    • Waterfront features: Lake Front
    Details
    • Parcel number: 00424329230580020
    • Zoning: RS

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • CBS
    Condition
    • Resale
    • New construction: No
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Security
    • Security features: Security Patrol, Smoke Detector(s)
    Community
    • Community features: Clubhouse, Community Room, Dog Park, Fitness Center, Picnic Area, Playground, Putting Green, Sidewalks, No Membership Avail
    Location
    • Region: West Palm Beach
    • Subdivision: St. Andrews Palm Beach Condominium

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $311 monthly
    • Services included: Insurance-Bldg, Maintenance Grounds, Maintenance Structure, Manager, Parking, Pool Service, Recrtnal Facility, Roof Maintenance, Security, Sewer, Trash, Water
    Other fees
    • Application fee: $100

    Other

    Other facts
    • Listing terms: Cash
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    Estimated market value
    $152,100