Bought with Beachfront Realty Inc
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Key Details
Sold Price $111,250
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 791 sqft
Price per Sqft $140
Subdivision Casablanca Isles Condo
MLS Listing ID RX-10375186
Sold Date 12/07/17
Style < 4 Floors,Contemporary
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $252/mo
HOA Y/N Yes
Year Built 1991
Annual Tax Amount $1,311
Tax Year 2016
Property Description
INVESTMENT OPPORTUNITY!RENTAL PROPERTY FOR CURRENT INCOME AND APPRECIATION POTENTIAL.This property is currently and has consistently been rented. Based upon the current listing price of $125K and the 1 year current lease of $1150, the cash on cash return is approximately 9.2%. If the property increases to its original acquisition cost of $156K (which does not consider the apprx $20K of renovations and improvements over the past 18 months, there is an additional appreciation of at least 25%.Recent renovations have been completed with the finest of finishes.. New white shaker kitchen cabinets with beautiful granite countertops and full mosaic backsplash. New stainless appliances. Large 24'' tile throughout. New bathroom including tile,tub and vanity.
Location
State FL
County Palm Beach
Area 4420
Zoning R3(cit
Rooms
Other Rooms Laundry-Util/Closet
Master Bath Combo Tub/Shower
Interior
Interior Features Ctdrl/Vault Ceilings
Heating Central, Electric
Cooling Central, Electric
Flooring Tile
Furnishings Unfurnished
Exterior
Exterior Feature Auto Sprinkler, Covered Balcony, Screened Balcony
Parking Features Assigned
Utilities Available Cable, Electric, Public Water
Amenities Available Billiards, Business Center, Clubhouse, Community Room, Exercise Room
Waterfront Description Canal Width 1 - 80,Interior Canal
View Canal
Exposure S
Private Pool No
Building
Lot Description Sidewalks
Story 2.00
Foundation CBS
Unit Floor 2
Construction Status Resale
Others
Pets Allowed Restricted
HOA Fee Include Cable,Common Areas,Common R.E. Tax,Lawn Care,Maintenance-Exterior,Management Fees,Manager,Pool Service,Trash Removal
Senior Community No Hopa
Restrictions Buyer Approval,Lease OK w/Restrict,Pet Restrictions,Tenant Approval
Acceptable Financing Cash, Conventional, FHA, VA
Horse Property No
Membership Fee Required Yes
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Pets Allowed 1 Pet
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