Bought with Compass Florida LLC
$700,000
$740,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,081 SqFt
SOLD DATE : 05/19/2023
Key Details
Sold Price $700,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 1,081 sqft
Price per Sqft $647
Subdivision Palm Beach Hotel Condo
MLS Listing ID RX-10830093
Sold Date 05/19/23
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $2,853/mo
HOA Y/N Yes
Abv Grd Liv Area 30
Year Built 1925
Annual Tax Amount $5,767
Tax Year 2021
Property Description
ALREADY, THERE'S OVER $40,000 IN RENTAL PROFIT ON THE BOOKS FOR APRIL-JUNE. The unit just appraised for $750k. 2 bedroom/2 bath/fully renovated. One of the most beautiful condos in the Palm Beach Hotel. Spacious enough to live in full time or perfect for investors who want to gross over $100k per year on Airbnb. ONLY AVAILABLE UNIT WITH CENTRAL AC.Included in the HOA is 24-hour front desk, water, electric, basic cable and WIFI, trash removal, building insurance, and amenities, such as pool and gym. This historic property offers onsite laundry, bike storage, a serene covered lanai, and best of all: no rental restrictions for immediate income opportunities!!!
Location
State FL
County Palm Beach
Area 5002
Zoning C-TS(c
Rooms
Other Rooms None
Master Bath Combo Tub/Shower
Interior
Interior Features Foyer, Walk-in Closet
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Carpet, Tile
Furnishings Unfurnished
Exterior
Utilities Available Electric, Public Sewer, Public Water
Amenities Available Common Laundry, Elevator, Library, Lobby, Manager on Site, Pool, Sidewalks, Street Lights, Trash Chute
Waterfront No
Waterfront Description None
Exposure North
Private Pool No
Building
Story 4.00
Foundation Other
Unit Floor 2
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include 2853.02
Senior Community No Hopa
Restrictions Buyer Approval
Acceptable Financing Cash, Conventional
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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