305-609-4190
1063 GOLDEN LAKES Boulevard # 311, West Palm Beach FL 33411
Active Condominium Waterfront

1063 GOLDEN LAKES Boulevard # 311, West Palm Beach FL 33411

West Palm Beach, FL, 33411

$190,000

Est. $961/mo (20% down)

3
Beds
2
Baths
999
Sq Ft
2005
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (19 photos)

About This Property

Welcome to this beautifully maintained 3-bedroom, 2-bathroom first-floor condo offering breathtaking lake views and a bright, spacious living area! This inviting unit features laminate flooring throughout the main living areas, tile flooring in the bedrooms, newer appliances, a full-size washer and dryer, and ceiling fans throughout for added comfort. Enjoy peaceful lake views and the convenience of first-floor living in a desirable location near the Florida Turnpike, providing easy access to major highways, shopping, dining, and entertainment. Excellent investment opportunity! This investor-friendly community allows rentals from day one, making it an ideal choice for both homeowners and investors. Currently tenant-occupied through May 31, 2027, with a monthly rental income of $2,000, offering immediate rental income for the new owner. Whether you're looking for a future primary residence or an income-producing investment property, this condo offers a great combination of comfort, convenience, and investment potential. Don't miss this opportunity!

Property Details

MLS #

B26088219

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

2005

Stories

2

Pool

No

Waterfront

Yes

Price / Sq Ft

$190

HOA Fee

$470/mo

Est. Insurance

$63/mo

Tax Year

2025

Tax Amount

$3,177

Garage

—

Lot Size

—

MLS Area

Belvedere Isles Condo No 1

Subdivision

BELVEDERE ISLES CONDO NO 1

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$1,330
Est. Monthly Rent
-7.3%
Cap Rate
-36.7%
Cash-on-Cash
$-13,963
Net Operating Income

ROI Projections (4% Annual Appreciation)

-75%
5-Year ROI
Value: $231,164
-127%
10-Year ROI
Value: $281,246
-151%
15-Year ROI
Value: $342,179

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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