Owner Finance Available
6466 Emerald Dunes Drive #203
Royal Palm Beach, FL 33411
🛏️
1
Bedrooms
🚿
1
Bathrooms
📏
740
Sq Ft
📅
2005
Year Built
Royal Palm Beach, FL 33411
1
Bedrooms
1
Bathrooms
740
Sq Ft
2005
Year Built
Investor Opportunity - A Class Property at Emerald Dunes WPB This exceptional unit comes with reliable long-term tenants for 9yrs , Rent $1985 per mo New Roof paid for The list price reflects a''going-in'' cap rate of over 6% 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 cente 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 2024 an 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
Year Built
2005
HOA
None
Listed Price
$225,000
Free account - No credit card required
Owner financing means the seller of 6466 Emerald Dunes Drive #203 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Royal Palm Beach, FL is available with owner financing terms.
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Royal Palm Beach property.