Address: 6450 Emerald Dunes Drive 301, West Palm Beach, FL 33411
Description
Investor Opportunity A+ Class Property at Emerald Dunes WPB This exceptional unit comes with well qualified tenants., Rent $2,700 per mo New Roof paid for Many upgrades inc lighting The list price reflects a''going in'' cap rate of over 5% compared to about 3% for cash in the bank for this A+ class property, a strong performer in Florida's hot market With interest rates on a downward cycle, these cap rates become increasingly attractive, driving upward pressure on condo values.
Located just 15 minutes west of downtown, Emerald Dunes is one of the most sought after gated communities in the area. Residents enjoy 24 hour patrolled security and world class amenities including two resort style pools two fitness centers a meditation garden theater room billiards room business center library, tennis courts, and BBQ picnic areas. Everyday conveniences such as grocery stores, banking, the Turnpike, and I 95 are all close by.
Florida continues to experience strong in migration, with the population increasing by 467,347 residents from 2023 to 2024an average of 1,280 people every day! This steady demand contributes to the strength and long term appreciation potential of properties like this.
Income and Expenditure statements for the previous 12 months are available upon request.
Investor Opportunity A+ Class Property at Emerald Dunes WPB This exceptional unit comes with well qualified tenants., Rent $2,700 per mo New Roof paid for Many upgrades inc lighting The list price reflects a''going in'' cap rate of over 5% compared to about 3% for cash in the bank for this A+ class property, a strong performer in Florida's hot market With interest rates on a downward cycle, these cap rates become increasingly attractive, driving upward pressure on condo values.
Located just 15 minutes west of downtown, Emerald Dunes is one of the most sought after gated communities in the area. Residents enjoy 24 hour patrolled security and world class amenities including two resort style pools two fitness centers a meditation garden theater room billiards room business center library, tennis courts, and BBQ picnic areas. Everyday conveniences such as grocery stores, banking, the Turnpike, and I 95 are all close by.
Florida continues to experience strong in migration, with the population increasing by 467,347 residents from 2023 to 2024an average of 1,280 people every day! This steady demand contributes to the strength and long term appreciation potential of properties like this.
Income and Expenditure statements for the previous 12 months are available upon request.
Parking Features: Assigned, Attached Garage, Garage, Garage Door Opener, Guest
Eco-Communities
Pool Features: Child Gate, Heated, In Ground
Water Source: Public
Utilities
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Pets Allowed: Breed Restrictions, Pet Restrictions Possible, Number Limit, Yes
Sewer: Public Sewer
Utilities: Sewer Available, Water Available, Underground Utilities
Amenities
Association Amenities: Pool, Billiard Room, Business Center, Clubhouse, Community Room, Fitness Center, Game Room, Internet Included, Jogging Path, Library, Manager On Site, Parking, Picnic Area, Putting Green, Storage
Finance and Tax Information
Home Owners Association Fee Includes: Recreation Facility, Cable TV, Common Areas, Hot Water, Maintenance Grounds, Pest Control, Security, Sewer, Trash, Water
Home Owners Association Fee: 562
Tax Year: 2024
Other Features
Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Washer
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