- 3 Beds
- 2 Baths
- 1,381 SqFt
- $250/SqFt
Entry-Level
Condo for sale in The Villas At Emerald Dunes6450 Emerald Dunes Dr #301, West Palm Beach, FL 33411Investor 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.