Modern Living Group
 Unit 14
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$585,000ACTIVE

Unit 14 · 760 Executive Center Drive 14, West Palm Beach, FL 33401

beds6baths728sq ft$804/ sq ft
THE RESIDENCE

About this home

Rare opportunity to acquire a turnkey rental portfolio of three tenant-occupied 2-bedroom waterfront condos overlooking the downtown skyline. Each unit offers an efficient split-bedroom layout, strong rental history, and consistent demand from local professionals due to proximity to downtown, Clear Lake, Brightline, and I-95.The community provides desirable amenities including a pool, gym, tiki huts, BBQ areas, and lakefront walking path, supporting steady year-round occupancy. All units are currently leased, making this an immediate cash-flow investment with the option to hold long-term or reposition for future appreciation. Portfolio is offered as a package or individually. There are 8 units total for sale, see RX-11144320. Full rent rolls available upon request.

THE DETAILS

Property details

List Price$585,000
Price / Unit$195,000
Units3
Cap Rate3.86%
Gross Income$69,588/yr
Net Operating Income$22,568
Inside Sq Ft728
Year Built1986
ConstructionBlock
FlooringCeramic Tile
ZoningMF32(c
Property TypeTriplex
MLS #R11142282
StatusActive
Original List Price$585,000
GRM8.4
Tenant PaysElectricity
Stories1
Show all details (6 more)
WaterfrontYes
Waterfront FeaturesLakeFront,Lagoon
Days on Market188
Annual Taxes$5,297
CityWest Palm Beach
Zip Code33401
LOCATION

Where you'll live

Jonathan Santiago
FEATURED AGENT
Jonathan Santiago
WPB Specialist
Luxury Specialist

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