$550,000
West Palm Beach, FL 33401
MLS# RX-10962726
2 beds | 1 baths | 720 sqft
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Property Description
INVESTORS DREAM PENTHOUSE! Impeccably maintained 1 bed+Den/guest room Penthouse, nestled in the heart of downtown West Palm Beach! Walking distance to Rosemary Square, Clematis Street & Palm Beach. City Palms can be rented out minimum 30 days, easy approval process with the association, and can be rented out continuously throughout the year! Amenities such as 24 hour manned lobby, valet parking for guests, fitness center, sauna, hot tub, swimming pool & more! This penthouse has elegantly appointed interiors, featuring an open-concept layout, volume ceilings, quartz countertops, and floor-to-ceiling windows that flood the space with natural light! Sweeping panoramic views of the city skyline and ocean. The private balcony provides the perfect setting for enjoying breathtaking sunsets!
Details
Maps
Contract Information
Listing Date: 2024-02-24
Status: Active
Original List Price: 550000
Auction: No
List Price: $550,000
Current Price: $550,000
List Price/SqFt: 763.89
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Condo/Coop
Governing Bodies: Condo
W/D Allowed: Yes
Main Level Bedrooms: 2
Total Bedrooms: 2
Main Level Bathrooms: 1
Baths - Full: 1
Baths - Total: 1
Property Condition: Resale
Year Built: 2008
SqFt - Total: 720
SqFt - Living: 720
SqFt Source: Other
Gated Community: No
Garage Spaces: 1
Covered Spaces: 1
Homeowners Assoc: Mandatory
HOA/POA/COA (Monthly): 508
Association Deposit: No
Membership Fee Required: No
Directions: Exit Okeechobee from I95; East on Okeechobee, North on Quadrille, then right on Hibiscus Street, building will be on your right. Top floor PH-3.
Subdivision: CITY PALMS CONDO
Legal Desc: CITY PALMS CONDO UNIT 1003
Waterfront: No
Front Exp: East
Private Pool: No
Unit Floor #: 10
Pets Allowed: Yes
Pets on Premises: Yes
Total Floors/Stories: 10
Location, Tax & Legal
Area: 5420
Geo Area: PB20
Country: United States
County: Palm Beach
Parcel ID: 74434321290001003
Street #: 480
Street Name: Hibiscus
Street Suffix: Street
Unit #: 1003
State/Province: FL
Zip Code: 33401
Zoning: QGD-10
Tax Year: 2023
Taxes: 5314.91
Special Assessment: No
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Geo Lat: 26.707944
Geo Lon: -80.054511
Office/Member Info
DXORIGMLNO: RX-10962726
DXORIGMLSID: RML
Storm Protection
Impact Glass: Complete
Property Features
Construction: Block; CBS; Concrete
Waterfront Details: None
Interior Features: Volume Ceiling
Porch/Patio/Balcony: Balcony
Master Bedroom/Bath: Dual Sinks; Separate Shower; Separate Tub
Furnished: Unfurnished
Rooms: Convertible Bedroom; Den/Office
Parking: Assigned
Subdiv. Amenities: Clubhouse; Community Room; Elevator; Fitness Center; Game Room; Library; Manager on Site; Pool; Sauna; Trash Chute
Maintenance Fee Incl: Cable; Insurance-Bldg; Maintenance-Exterior; Pest Control; Roof Maintenance; Sewer; Trash Removal; Water
Restrict: Buyer Approval; Interview Required; Lease OK; Lease OK w/Restrict; Tenant Approval
Flooring: Carpet; Tile
Heating: Central
Cooling: Central
Equip/Appl Included: Dishwasher; Disposal; Dryer; Freezer; Ice Maker; Microwave; Refrigerator; Washer
Laundry Appliances Included: Washer and Dryer
Terms Considered: Cash; Conventional
Utilities: Cable; Public Sewer; Public Water
Taxes: No Homestead
Possession: At Closing; Funding
Supplements
Great turnkey investment opportunity with a reliable tenant in place until July 2024! This is your gateway to a hassle-free, income-producing venture! NO HOA APPROVAL PROCESS. SELLER FINANCING IS WELCOME.
Room Information
| Room Name | Length | Width | Length | Level | Width |
| Living Room | 1.00 | 1.00 | 1.00 | Main | 1.00 |
| Kitchen | 1.00 | 1.00 | 1.00 | Main | 1.00 |
| Master Bedroom | 1.00 | 1.00 | 1.00 | Main | 1.00 |
Listing Office: Sutter & Nugent LLC
Last Updated: May - 17 - 2024
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