Quick Facts
Location: 600 Executive Center Drive, West Palm Beach, FL
For Sale
MLS: Not listed yet.
Price: $1,350,000
Summary
A local investor is selling 5 units in Lake Place Condo gated community in West Palm Beach. All units are identical: 2 BR, 2 BTH. Each unit has its own private patio. One assigned parking with dozens of available guest parking. HOA includes water, basic cable and internet.
Properties are currently rented for $1,850, however an identical unit next door is renting for $2,200.
Pictures and additional information available upon request.
Property Details
Unit 1 | Unit 2 | Unit 3 | Unit 4 | Unit 5 | |
Rehab | Recently renovated. | Recently renovated. | Recently renovated. | Recently renovated. | Recently renovated. |
Electrical | Good condition, may need updating. | Good condition, may need updating. | Good condition, may need updating. | Good condition, may need updating. | Good condition, may need updating. |
Plumbing | |||||
HVAC | Less than 2 years old. | Less than 2 years old. | Less than 2 years old. | Less than 2 years old. | Less than 2 years old. |
Roof | Recently replaced by HOA. | Recently replaced by HOA. | Recently replaced by HOA. | Recently replaced by HOA. | Recently replaced by HOA. |
Occupancy | Occupied | Occupied | Occupied | Occupied | Occupied |
Current Rental Income | $1,850 | $1,850 | $1,850 | $1,850 | $1,850 |
HOA Dues | $650/mo | $650/mo | $650/mo | $650/mo | $650/mo |
2023 Tax | $2,999 | $2,999 | $2,999 | $2,999 | $2,999 |
Location
Layout
Contact
Alexander Babenchuk
Phone: 561-782-7724
Email: [email protected]