480 Executive Center Drive 4a, West Palm Beach, FL 33401 — MLS photo

Active · Condominium

$206,000

480 Executive Center Drive 4a, West Palm Beach, FL 33401

Beds: 2
Baths: 2
Living area: 906 sq ft
$ / sq ft: $227/sq ft
Year built: 1979
Lot size: —
HOA fee: $700 Monthly
Annual tax: $2,831

About this property

2 BEDROOM APARTMENT LOCATED IN A BEAUTIFUL AND PEACEFUL NEIGHBORHOOD. CLOSE TO WEST PALM BEACH AIRPORT, CITY PLACE, BEACHES AND MALLS. NUMEROUS AMENITIES: POOL, TENNIS COURT AND AMPLE PARKING SPACES. THE AMENITIES INCLUDE POOL, BILLIARDS, SAUNA, WORK OUT EQUIPMENT, CLUBHOUSE AND BARBECUE AREA. LAUNDRY ROOMS RIGHT NEXT TO THE ELEVADOR. GATED COMMUNITY CONDOMINIUM NEXT TO A BEAUTIFUL LAKE. TILE FLOORS IN THE ENTIRE APARTMENT. BEAUTIFUL KITCHEN.

Property location

Get Directions

480 Executive Center Drive 4a, West Palm Beach, FL 33401

Loading property location…

Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 906 sq ft
Flooring: Tile
Appliances: Electric Range, Electric Water Heater, Microwave
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Custom Mirrors, Tub Shower
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1979
Stories: 5
Lot size: 0 sq ft
Roof: Concrete
Construction: CBSConcrete Block Structure, Block
Exterior features: Storm Security Shutters
Pool: None, Association, Community
View: Lake

Parking

Covered spaces: 0

HOA, Community & Financials

Association fee: $700 Monthly
Fee inclusions: Common Area Maintenance, Pools
Amenities: Clubhouse, Pool, Tennis Courts, Elevators
Pets allowed: No
Annual tax: $2,831
Subdivision: BREAKWATERS OF THE PALM BE
County: Palm Beach
Days on market: 164
MLS listing ID: B26032515
Listing status: Active

Virtual tour

Explore 3D / Virtual Tour

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$55

Cap rate: 5.4%
Net yield: 5.4%
Cash-on-cash return: -1.2%
Gross yield: 12.8%
Mortgage payment: $977/mo
Down payment: $51,500
Loan amount: $154,500
Annual NOI: $11,055

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.