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.
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Listing Snapshot
Price
$345,000
Days On Site
115 Days
Bedrooms
3
Inside Area (SqFt)
1,381 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
N/A
Year Built
2006
MLS® Number
R11144384
Status
Active
Property Tax
$4,166.78
HOA/Condo/Coop Fees
$562 monthly
Sq Ft Source
Public Records
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Recent Activity
a week ago
Price changed to $345,000
a week ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Attached Garage
Yes
Direction Faces
Northwest
Disclosures
Owner Is Listing Agent
Garage
Yes
Garage Spaces
1
Levels
Multi/Split
Number Of Stories
3
Parking
AssignedAttachedGarageGarage Door OpenerGuest
Pets
Breed RestrictionsNumber LimitYes
Property Sub Type
Condominium
Security
Smoke Detector(s)Security System OwnedSecurity SystemFire AlarmFire Sprinkler SystemGated CommunitySecurity Guard
Sewer
Public Sewer
SqFt Total
1453
Style
Mediterranean
Utilities
Sewer AvailableUnderground UtilitiesWater Available
Water Source
Public
Zoning
PIPD
Interior Features
Appliances
DryerDishwasherElectric RangeElectric Water HeaterFree-Standing FreezerIce MakerMicrowaveRefrigeratorWater HeaterWasher
Cooling
Central AirCeiling Fan(s)Electric
Electric
220 Volts
Flooring
Vinyl
Furnished
Unfurnished
Heating
CentralElectric
Interior
Built-in FeaturesPantryStorageWalk-In Closet(s)
Main Level Bedrooms
3
Spa
Yes
Window Features
Storm Window(s)
Kitchen
Dimensions - 12 X 8Level - ThirdArea - 96
Living Room
Dimensions - 20 X 15Level - ThirdArea - 300Description - See attached floor plan for actual measurements. These a
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