6450 Emerald Dunes Drive 301, West Palm Beach, FL 33411, Royal Palm Beach, 33411. MLS #R11144384

Property details

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.