3940 Flagler Drive Unit 303, West Palm Beach, Florida 33407 USA
$799,000
Condo
MLS® RX-11131275
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 expansionFeatures
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
Property Tour
Property Location
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