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554 Fanshaw N #554 Boca Raton, FL 33434
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Key Details
Sold Price $135,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 601 sqft
Price per Sqft $224
Subdivision Century Village
MLS Listing ID F10344316
Sold Date 10/03/22
Style Condo 1-4 Stories
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $459/mo
HOA Y/N Yes
Year Built 1980
Annual Tax Amount $781
Tax Year 2021
Property Description
INVESTORS- income Producing property ...Rents are at all time highs - Condo prices are not. Take advantage of this disparity to buy at a great Cap RATE. Unit is rented. This condo is located in a senior ( 55 + ) gated community in Boca Raton. Great cash flow property with good upside rent. Currently $1200 per month rent. Reasonable pro-forma rents now are $1500 which would show a 6.32% Rate of Return. Condo occupants enjoy internet, Wi-Fi, Cable, and water included in the rent. The clubhouse has an 1100 seat theater, gym, indoor heated pool and many activities free to residents. There are outdoor pools nearby as well as tennis courts, pickle ball courts and free bus service within the property as well as to shopping
Location
State FL
County Palm Beach County
Area Palm Beach 4750; 4760; 4770; 4780; 4860; 4870; 488
Building/Complex Name Century Village
Rooms
Bedroom Description Entry Level
Interior
Interior Features Second Floor Entry
Heating Window/Wall
Cooling Wall/Window Unit Cooling
Flooring Other Floors
Equipment Electric Range, Refrigerator
Exterior
Exterior Feature Other
Community Features Gated Community
Amenities Available Billiard Room, Clubhouse-Clubroom, Fitness Center
Waterfront No
Water Access N
Private Pool No
Building
Unit Features Garden View
Foundation Concrete Block Construction
Unit Floor 2
Construction Status Resale
Others
Pets Allowed No
HOA Fee Include 459
Senior Community Verified
Restrictions No Corporate Buyer,No Trucks/Rv'S,Renting Limited
Security Features Guard At Site,Security Patrol
Acceptable Financing Cash
Membership Fee Required No
Listing Terms Cash
Special Listing Condition As Is
Read Less
Bought with EXP Realty LLC
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