305-609-4190
1500 Presidential Way # 504, West Palm Beach FL 33401
Active Condominium

1500 Presidential Way # 504, West Palm Beach FL 33401

West Palm Beach, FL, 33401

$185,000

Est. $935/mo (20% down)

2
Beds
2
Baths
1,194
Sq Ft
1972
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (22 photos)

About This Property

Beautiful 2-bedroom, 2-bathroom apartment, impeccably maintained and featuring multiple upgrades, located in the centrally located Yorktown community, in a truly spectacular area near shopping centers, downtown, beaches, the airport, and directly across from the outlet mall. This fifth-floor unit offers panoramic views and features a spacious and elegant balcony, perfect for relaxing. It includes high-quality white LED lighting in the kitchen and bathrooms, ceiling fans in both bedrooms, and a large additional closet next to the kitchen, ideal for extra storage or pantry space. The A/C system was installed in 2021. The entire apartment features elegant high-quality window treatments, crown molding, and modern vinyl flooring. The popcorn ceilings have been removed and replaced with knockdown ceiling texture throughout the unit, giving it a clean and modern finish. The unit comes with two assigned parking spaces. The washers and dryers are brand new and are conveniently located right next to the apartment. One of the greatest advantages of this property is its excellent orientation: it receives beautiful natural light during the morning while avoiding the hot direct afternoon sun, making it one of the coolest and most comfortable units in the building. This is a true move-in-ready property, perfect as a primary residence or investment.

Property Details

MLS #

A11953063

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

1972

Days on Market

249

Stories

8

Pool

No

Waterfront

No

Price / Sq Ft

$155

HOA Fee

$880/mo

Est. Insurance

$62/mo

Tax Year

2025

Tax Amount

$1,768

Garage

—

Lot Size

—

MLS Area

Yorktown Condominium

Subdivision

Yorktown Condominium

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$1,295
Est. Monthly Rent
-11.4%
Cap Rate
-57.0%
Cash-on-Cash
$-21,082
Net Operating Income

ROI Projections (4% Annual Appreciation)

-177%
5-Year ROI
Value: $225,081
-330%
10-Year ROI
Value: $273,845
-454%
15-Year ROI
Value: $333,175

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

Similar Homes

Properties near West Palm Beach in a similar price range

WhatsApp Call Text
Call Text Email