Bought with Douglas Elliman (Palm Beach)
$392,500
$415,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
550 Okeechobee BLVD 1520 West Palm Beach, FL 33401
2 Beds
2 Baths
1,136 SqFt
Key Details
Sold Price $392,500
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 1,136 sqft
Price per Sqft $345
Subdivision Cityplace South Tower Condo
MLS Listing ID RX-10679080
Sold Date 03/15/21
Style Contemporary
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $840/mo
HOA Y/N Yes
Min Days of Lease 30
Year Built 2008
Annual Tax Amount $8,653
Tax Year 2020
Property Description
INVESTOR OPPORTUNITY!! 4%+ cap rate on residential condo in top building downtown West Palm Beach!! Immediate revenue from annual tenant in gorgeous high-floor 2/2. 9' ceilings, beautiful floors, new dishwasher & microwave, DESIGNER FURNITURE makes it perfect and move-in ready for YOU and/or your TENANTS!! Impact glass protects your home. WALK to restaurants, shopping, theater, entertainment, Brightline trains. 5-minute drive to PBI. Enjoy fabulous sunset views, resort-style amenities at the pool, summer kitchen, hot tub, saunas, massage, fitness center, community room with billiards. Full-service building with 24 hour concierge & security. Valet car service included. Move fast on this one!!
Location
State FL
County Palm Beach
Area 5420
Zoning CPD(ci
Rooms
Other Rooms Great, Laundry-Inside
Master Bath Mstr Bdrm - Ground, Separate Shower, Separate Tub, Whirlpool Spa
Interior
Interior Features Entry Lvl Lvng Area, Walk-in Closet
Heating Central, Electric
Cooling Central, Electric
Flooring Other, Tile
Furnishings Furnished,Furniture Negotiable
Exterior
Exterior Feature Covered Balcony, Summer Kitchen
Parking Features Garage - Building
Garage Spaces 1.0
Community Features Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water, Water Available
Amenities Available Billiards, Business Center, Courtesy Bus, Elevator, Fitness Center, Lobby, Manager on Site, Picnic Area, Pool, Spa-Hot Tub, Trash Chute, Whirlpool
Waterfront Description None
Present Use Sold As-Is
Handicap Access Other Bath Modification
Exposure West
Private Pool No
Building
Story 21.00
Foundation CBS
Unit Floor 15
Construction Status Resale
Others
Pets Allowed Restricted
HOA Fee Include Cable,Common Areas,Common R.E. Tax,Insurance-Bldg,Lawn Care,Management Fees,Parking,Pool Service,Recrtnal Facility,Reserve Funds,Roof Maintenance,Security,Sewer,Water
Senior Community No Hopa
Restrictions Lease OK w/Restrict,Tenant Approval
Security Features Lobby,Security Patrol
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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