Bought with Compass Florida, LLC (PB)
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Key Details
Sold Price $428,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 271 sqft
Price per Sqft $1,579
Subdivision Palm Beach Hotel Condo
MLS Listing ID RX-10817398
Sold Date 10/19/22
Style 4+ Floors,Spanish
Full Baths 1
Construction Status Resale
HOA Fees $753/mo
HOA Y/N Yes
Year Built 1925
Annual Tax Amount $1,854
Tax Year 2021
Property Description
Welcome to Palm Beach! This recently updated furnished Luxury Studio Suite is in the heart of Palm Beach Island just 1 block to the Beach and one block to intracoastal w/ 5 mile paved Bike trail! Investors are welcome w/no rental restrictions. This property is currently being rented with an 81% occupancy at a 7.25% cap rate. The Palm Beach Hotel features include a Heated Outdoor Pool, Gym, Outdoor seating and the Palm Beach Day Spa. Close to everything, no car needed walk to restaurants, Publix, Cafes, Shops, Parks & Museums also West Palm/City Place/Clematis is just over the bridge. Use as a second home or investment.
Location
State FL
County Palm Beach
Area 5002
Zoning C-TS
Rooms
Other Rooms Studio Bedroom
Master Bath Combo Tub/Shower
Interior
Interior Features Built-in Shelves, Fire Sprinkler, Walk-in Closet
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Tile, Vinyl Floor
Furnishings Furnished,Turnkey
Exterior
Exterior Feature None
Garage Special Purchase, Street
Community Features Deed Restrictions, Sold As-Is
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Bike Storage, Common Laundry, Community Room, Elevator, Fitness Center, Internet Included, Library, Lobby, Manager on Site, Picnic Area, Pool, Sidewalks, Street Lights, Trash Chute
Waterfront No
Waterfront Description None
View Other
Roof Type Barrel,Tar/Gravel
Present Use Deed Restrictions,Sold As-Is
Parking Type Special Purchase, Street
Exposure South
Private Pool No
Building
Lot Description East of US-1, Public Road, Sidewalks
Story 4.00
Unit Features Efficiency,Interior Hallway
Foundation Concrete, Frame, Other
Unit Floor 3
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include Cable,Common Areas,Common R.E. Tax,Electric,Elevator,Hot Water,Insurance-Bldg,Maintenance-Exterior,Manager,Pest Control,Pool Service,Recrtnal Facility,Roof Maintenance,Security,Sewer,Trash Removal,Water
Senior Community No Hopa
Restrictions Buyer Approval,Daily Rentals OK,Historic Designation,Lease OK
Security Features Doorman,Entry Card,Lobby,TV Camera
Acceptable Financing Cash
Membership Fee Required No
Listing Terms Cash
Financing Cash
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