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 ...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 2024 an 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.
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Agency Name: Prestigious Properties USA
Agency Phone: 561-541-3044
Agent Name: Gary Smith
Presented by
Agency Title: Illustrated Properties
Agency Phone: (561) 688-1946
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6450 Emerald Dunes Drive, Unit 301, West Palm Beach, FL 33411.
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