3940 N Flagler Drive Apt: 303
West Palm Beach, FL 33407

Property

Furnished: YES
Ownership: Condo
Type: Condo
Bedrooms: 2 BR
Bathrooms: 2
Pets: Pets Case By Case
Area: 5420 sq ft

Financials

Price:$799,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Compass Florida LLC

Description

Immediate income, long-term upside! This waterfront condo delivers a 5% cap rate with strong tenants in place paying $6,500/month through the end of March 2026, offering dependable cash flow from day one! Located in one of West Palm Beach's most rapidly evolving neighborhoods, this income-producing, turnkey residence offers both short-term return and the opportunity to capitalize on a wave of redevelopment that's already reshaping the North Flagler corridor.The surrounding area is on the cusp of explosive transformation, and savvy investors are already taking notice. Florida's premier homebuilder, GL Homes, has acquired nearly 100 parcels immediately surrounding Flagler Landing with plans to develop a new enclave of single-family luxury homes, while a large-scale waterfront expansion

Unbranded Virtual Tour: https://www.propertypanorama.com/3940-N-Flagler-Drive-303-West-Palm-Beach-FL-33407/unbranded

Amenities

  • Auto Garage Open
  • Blinds
  • Boating
  • Cable
  • ceiling fan
  • Central
  • Convertible Bedroom
  • Den/Office
  • Dishwasher
  • Disposal
  • Drapes
  • Dryer
  • Electric
  • Elevator
  • Family
  • Fitness Center
  • Freezer
  • Garden
  • Gate - Manned
  • Great
  • Ice Maker
  • Impact Glass
  • Insurance-Bldg
  • Interior Hallway
  • Intracoastal
  • Laundry-Inside
  • Lobby
  • Maintenance-Exterior
  • Manager
  • Microwave
  • Parking
  • Pool
  • Pool Service
  • Public Sewer
  • Public Water
  • Range - Electric
  • Refrigerator
  • Roof Maintenance
  • Security Patrol
  • Sidewalks
  • Smoke Detector
  • Washer
  • Water
  • Water Available
  • Water Heater - Elec

Immediate income, long term upside !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.