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
  • Taxes$ 1710
  • Price$ 159,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage900
Listing Provided Courtesy Of:
Sterling Real Estate Group LLC
Data Source:
Beaches MLS
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 Active Under Contract
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
Rooms Family
Security Security Patrol
Short Sale No
Status Active Under Contract
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
Waterfront None
Waterfront No
Year Built 1991
Zoning RS

Interior Features

Equip/Appl Included Dishwasher, Freezer, Range - Electric, Refrigerator
Furnished Y/N Unfurnished
Master Bedroom/Bath None
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

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
AVG $300K
$160K
Taxes
AVG $3,352
$1,710
Visits
AVG 89
19
Year Built
AVG 1992
1991
Walkscore
AVG 20
4
Data Provided by Walkscore ® not using MLS data

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