Address
1162 Lake Terry Drive West Palm Beach, FL
Price
$ 159,900
Property Attributes
- MLS#RX-10661149
- TypeBackup
- CountyPALM BEACH
- CityWest Palm Beach
- Area5580
- NeighborhoodSt Andrews Palm Beach Condo Iii
- Zip33411
- Style
- Year Built1991
- Taxes1710
- Price$ 159,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage900
Listing Provided Courtesy Of:
Sterling Real Estate Group LLC
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. This unit is rented for $1,600 a month with room for increase and has been occupied by the same tenant for over 3 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.
| Price History | |
|---|---|
| 10/7/2020 | Listed $154,900 |
General Features
| Adult 55+ | No Hopa |
|---|---|
| Application Fee | 100.00 |
| Area | 5580 |
| Auction | No |
| Club Membership | No |
| Construction | CBS |
| Contingent | Backup |
| Cooling | Central |
| Equity Purchase | No |
| Flooring | Tile, Vinyl Floor |
| Full Baths | 2 |
| Geo Area | PB24 |
| Geo Lat | 26.697391 |
| Geo Lon | -80.1707 |
| Governing Bodies | HOA |
| HOA | Mandatory |
| HOA/POA/COA (Monthly) | 311.00 |
| Heating | Central |
| Interior Features | Pantry, Walk-in Closet |
| Legal Description | ST ANDREWS PALM BEACH CONDOMINIUM III UNIT 57-F |
| Maintenance Fee Incl | Common Areas, Lawn Care, Maintenance-Exterior, Manager, Pool Service, Recrtnal Facility, Roof Maintenance, Security, Sewer, Trash Removal, Water |
| Membership | No Membership Avail |
| Membership Fee Required | No |
| Parking | Open |
| Pets Allowed Y/N | Yes |
| Possession | At Closing |
| Property Type | A |
| REO | No |
| Restrict | Buyer Approval |
| Security | Security Patrol |
| Short Sale | No |
| Status | Backup |
| Subdivision | ST ANDREWS PALM BEACH CONDO III |
| Tax Year | 2019 |
| Taxes | 1710.00 |
| Terms Considered | Cash |
| Type | Condo/Coop |
| Utilities | Electric, Public Water |
| View | Garden, Other |
| Virtual Tour | https://www.propertypanorama.com/1162-Lake-Terry-Drive-West-Palm-Beach-FL-33411/unbranded |
| Year Built | 1991 |
| Zoning | RS |
Interior Features
| Equip/Appl Included | Dishwasher, Freezer, Range - Electric, Refrigerator |
|---|---|
| Furnished Y/N | Unfurnished |
| Master Bedroom/Bath | None |
| Rooms | Family |
| SqFt - Living | 900.00 |
| Total Bathrooms | 2.00 |
| Total Bedrooms | 3 |
| Total Floors/Stories | 2.00 |
| Unit Desc | Corner |
| Unit Floor # | 2.00 |
Exterior Features
| Lot Description | 2 to < 3 Acres |
|---|---|
| Number of Garage Spaces | 0.00 |
| Private Pool Y/N | No |
| Subdiv. Amenities | Clubhouse, Fitness Center, Manager on Site, Park, Picnic Area, Playground, Pool, Putting Green, Street Lights, Tennis |
| Waterfront | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 33411
Price
Taxes
Visits
Year Built
Beaches MLS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
