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$199,000
For Sale

803 Ridge Rd, Unit 7

·

Palm Beach

Listed on February 20, 2025

Condominium

MLS® # A11749293
Bedrooms
2 Beds
Bathrooms
1 Baths
Size
$728 sqft
Parkings
0
Maintenance Fees
$345
Annual Tax
$2,701

Description

Investors Special !!! Freshly painted and maintained 2 bedroom, 1 bath unit which is annually rented on February 15,2025 with rent of $1750 per month. HOA is as low as $345 paid quarterly. It produce 8.5% CAP rate which is so rare in Florida nowadays. Brand new water heater. One car parking. Unit has a beautiful backyard and is corner unit

The Keyes Company

Features & Details

Learn about the features and details of 803 Ridge Rd, Unit 7

Property Details

  • Property Type
    Condominium
  • Living Area
    728 sqft
  • Year Built
    1964
  • Lot Size
    -
  • Stories
    1 Stories
  • Annual Tax
    $2,701.00
  • List Date
    2/20/2025
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11749293
  • Brokerage
    The Keyes Company
  • Postal Code
    33462
  • Area
    Palm Beach
  • City
    -

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $199,000.00
  • Unit Number
    7
  • Construction
    Other
  • Heating
    None
  • Fireplaces
    -
  • Garage
    1 Car Garage
  • Parking Type
    Open, One space
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    Electric range, Refrigerator

Inside

  • Bedrooms & Baths
    2 Bed, 1 Bath
  • Bedrooms
    2
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Amenities

  • None

Price history

Learn about the price history of 803 Ridge Rd, Unit 7

Virtual Tour

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Real estate trends

View trends of price in 803 Ridge Rd, Unit 7, Palm Beach over the last 12 months

Explore Palm Beach

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Mortgage Calculator
Estimate monthly payments for 7 - 803 Ridge Rd
20.5%100%
Estimated Monthly Payment
$802
Cash Flow Analysis
Mortgage Payment:
$802
Monthly Payment:
$1,372.08
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this impressive condominium in the heart of Southwinds. This well-appointed property offers 2 bedrooms, 1 bathroom, 728 square feet of living space. secure building access, none heating, Electric. Originally built in 1964 in a 1-story building. Offered at $199,000.00 Residents will appreciate the excellent amenities including None. The property comes with Electric range, Refrigerator. Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 803 Ridge Rd, Unit 7

Miami Association of REALTORS®
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