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.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 3
- Primary Bedroom Level: T
Bathrooms
- Total Bathrooms: 2 / 0
- Full Bathrooms: 2
- Bathrooms On Main Level: 2
- Primary Bathroom Features: Combo Tub/Shower, Dual Sinks
Interior Features
- Built-in Shelves
- Custom Mirror
- Fire Sprinkler
- Pantry
- Roman Tub
- Walk-in Closet
- Furnished Description: Unfurnished
- Flooring: Tile, Vinyl Floor
- Window Features: Hurricane Windows, Impact Glass
Appliances
- Auto Garage Open
- Dishwasher
- Dryer
- Fire Alarm
- Freezer
- Ice Maker
- Microwave
- Range - Electric
- Refrigerator
- Smoke Detector
- Washer
- Water Heater - Elec
- Laundry Features: Washer and Dryer
Other Rooms
- Storage
- Living Room Level: T
- Living Room Features: See attached floor plan for actual measurements. These a
- Exercise Room: Yes
Heating and Cooling
- Cooling Features: Ceiling Fan, Central, Electric
- Heating Features: Central, Electric
Kitchen and Dining
- Dining Area Description: Breakfast Area, Dining Family, Dining-Living, Dining/Kitchen
- Kitchen Level: T
Exterior and Lot Features
- Auto Sprinkler
- Built-in Grill
- Covered Balcony
- Custom Lighting
- Tennis Court
- Patio And Porch Features: Porch Remarks: Balcony
Pool and Spa
- Pool Features: Private Pool: Child Gate, Heated, Inground, Spa
- Pool Private: Yes
Manufactured and Mobile Info
- Manufactured Details: 220V
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Assigned, Garage - Attached, Garage - Building, Guest
Land Info
- Lot Description: Paved Road, Sidewalks
Home Features
- View: Clubhouse, Garden, Tennis
- Security Features: Burglar Alarm, Entry Phone, Gate - Unmanned, Private Guard, Security Sys-Owned
Homeowners Association
- Association: Yes
- Association Amenities: Bike - Jog, Billiards, Business Center, Clubhouse, Community Room, Extra Storage, Fitness Center, Game Room, Internet Included, Library, Manager on Site, Picnic Area, Pool, Putting Green
- Association Fee: 562
- Association Fee Amenities: Cable, Common Areas, Hot Water, Lawn Care, Maintenance-Exterior, Management Fees, Manager, Master Antenna/TV, Parking, Pest Control, Pool Service, Recrtnal Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, Water, Water Treatment
- Calculated Total Monthly Association Fees: 562
- Association Name: Mandatory
- Pets Allowed: Restricted
- Pet Description: No Aggressive Breeds, Number Limit
Multi-Unit Info
- Unit Description: Corner, Garden Apartment
Amenities and Community Features
- Community Features: Gated Community:
Other Property Info
- Annual Tax Amount: 4166.78
- Source Listing Status: Active
- County: Palm Beach
- Directions: From the Turnpike exit West on Okeechobee then right on to Vista Pkwy .First right in to the Emerald Dunes Condo and golf course. Turn right in to Phase 1 and through the gate on the right.
- Tax Year: 2024
- Restrictions: Commercial Vehicles Prohibited, Lease OK
- Source Property Type: Residential
- Area: 5580
- List Development Name: The Villas At Emerald Dunes
- Property Subtype: condo
- Source Neighborhood: VILLAS AT EMERALD DUNES CONDO
- Subdivision: VILLAS AT EMERALD DUNES CONDO
- Zoning: PIPD
- Property Subtype: Condo/Coop
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1381
- Year Built: 2006
- Construction Materials: CBS, Concrete, Stucco
- Direction Faces: Northwest
- Entry Level: 3
- Living Area Source: Tax Rolls
- Property Age: 19
- Property Condition: Resale
- Roof: Comp Shingle, Wood Joist, Wood Truss/Raft
- Levels or Stories: 3.00
- House Style: < 4 Floors, Mediterranean
- Total Area Sqft: 1453
- Year Built Details: Resale
Accessibility Features
Utilities
- Electric
- Public Sewer
- Public Water
- Underground
- Water Available
- Water Source: Public Water
