6450 Emerald Dunes Drive 301, West Palm Beach, FL 33411

3 bed · 2 bath · 1,381 sqft · Built 2006

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 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.

Property type

Condominium

Condition

Resale

Year built

2006

Stories

3

Roof

Composition,Shingle,Wood,WoodTrusses

Subdivision

VILLAS AT EMERALD DUNES CONDO

Waterfront

No

Waterfront features

None

Private pool

No

HOA (monthly)

$562

Parcel number

00424322194503010

Annual tax

$4,167

County just value

$260,000

West Palm Beach anchors the county — downtown high-rises, El Cid historic district, and the South of Southern (SoSo) coastal corridor. The market here is the most diverse in the county.