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Price: $799,000
MLS Number: RX-11131275
 Condo
3940 Flagler Drive Unit 303, West Palm Beach, Florida 33407 USA
 Beds: 2
 
 Baths: 2
 
 Half Baths: 1
 Living Area: 1,980
 
 Unit: 303
 
 Total Units: 19
 HOA Fees: $1,643
 
 Year Built: 2007
 
 Community: FLAGLER LANDING
 
 Subdivision: FLAGLER LANDING CONDO
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About this Property
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
Community:Community Boat Facilities, Gated Community, On-site Guard
Construction:Concrete Block Stucco
Exterior:Balcony
Financial:Lease Option
Flooring:Tile Flooring
General:Elevator(s)
Heat/Cool:Central Air Conditioning, Central Heat, Electric Heating
Inclusions:Electric Range and Oven, Stove, Microwave Oven, Cooktop Range, Disposal, Dishwasher, Ice Maker Line, Refrigerator, Freezer, Clothes Washer, Clothes Dryer, Range and Oven
Interior:Pantry, Walk-in Closet(s), Closet Organizer
Lot:Sidewalk
Parking:2 Parking Places, Assigned Parking, Covered Parking Area
Rooms:Living/dining Room Combination, Breakfast Area, Foyer
Scenery:Intra-coastal, Garden View
Style:Contemporary

About the Area
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

The Florida Association of Realtors and its cooperating MLS's do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. This property is courtesy of Compass Florida LLC.

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