$345,000
Emerald Dunes

6450 Emerald Dunes Drive # 301, West Palm Beach FL 33411

3 Beds

2 Baths

SQFT 0

1 Garage

20 Years Built

Home Details

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.

Other Interior Features

Heating
Central, Electric
Appliances
Electric Water Heater, Dishwasher, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Living Area - SqFt
1381
Inside
Electric Water Heater, Dishwasher, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Total - SqFt
0

General

MLS#
R11144384
Architectural Style
Garden Apartment, Corner Unit, Mediterranean, Split Level
Bathroom Features
Combination Tub & Shower, Dual Sinks
Living Area - SqFt
1381
Construction Materials
Concrete Block Construction, CBS Construction, Stucco
Window Features
Complete Impact Glass
Total - SqFt
0

Neighbourhood

Location

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.

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