1611 16th Way, West Palm Beach, FL 33407 — MLS photo

Get More Info About This Property

1611 16th Way, West Palm Beach, FL 33407

Active · Townhouse

$320,000

1611 16th Way, West Palm Beach, FL 33407

Beds
2
Baths
3
Living area
1,236 sq ft
$ / sq ft
$259/sq ft
Year built
1983
Lot size
1,346 sq ft
HOA fee
$605 Monthly
Annual tax
$5,601

About this property

Welcome to this beautifully renovated, move-in ready 2-bedroom, 2.5-bath townhome nestled within the highly sought-after and meticulously maintained Sandalwood Lakes community. Enter through your ultra-private gated courtyard and discover a home that has been thoughtfully updated from top to bottom. Designed for modern living and effortless entertaining, the bright open-concept floor plan showcases fresh interior paint, updated lighting and ceiling fans, upgraded flooring, and a stunning remodeled kitchen featuring a sleek breakfast bar and newer stainless steel appliances. Upstairs, retreat to the spacious primary suite complete with a private updated bathroom, generous closet space, and a private balcony. The versatile second bedroom also offers balcony access, creating the perfect space for guests or a home office. Both full bathrooms have been beautifully renovated, and the powder room has been tastefully updated as well. An in-unit laundry room adds everyday convenience. Enjoy vacation-style living year-round with Sandalwood Lakes' exceptional amenities, including three clubhouses, sparkling pools, tennis courts, and pickleball courts. Ideally located just minutes from Downtown West Palm Beach, major hospitals, top universities, Tanger Outlets, and Florida's pristine white-sand beaches, with easy access to I-95 and the Florida Turnpike. This is a rare opportunity to own a fully updated home in one of the area's most desirable communities. Schedule your private showing today. This is a short sale.

Property location

Get Directions

1611 16th Way, West Palm Beach, FL 33407

Loading property location…

Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,236 sq ft
Flooring
Tile, Vinyl
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Closet Cabinetry, Dual Sinks, High Ceilings, Split Bedrooms, Upper Level Primary, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Townhouse
Year built
1983
Stories
1
Lot size
1,346 sq ft
Roof
Other
Construction
Block, Stucco
Exterior features
Courtyard, Fence, Patio, Tennis Courts, Storm Security Shutters
Pool
None, Association, Community
Waterfront
None
View
Garden

Parking

Covered spaces
0
Parking features
Assigned, Two Or More Spaces

HOA, Community & Financials

Association fee
$605 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Parking, Sewer, Trash, Water
Amenities
Basketball Court, Clubhouse, Maintenance, Pool, Trails
Pets allowed
No
Annual tax
$5,601
Subdivision
VILLAGE OF SANDALWOOD LAKE
County
Palm Beach
Days on market
155
MLS listing ID
B26040697
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

$19

Cap rate
5.8%
Net yield
5.8%
Cash-on-cash return
0.3%
Gross yield
11.6%
Mortgage payment
$1,517/mo
Down payment
$80,000
Loan amount
$240,000
Annual NOI
$18,433

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