6466 Emerald Dunes Drive Unit 203, West Palm Beach, FL 33411

$218,000
1
BD
1
BA
740
SqFt

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Sold Price
$218,000
List Price
$225,000
Status
CLOSED
Days on Market
57
Closing Date
Jan 06, 2026
MLS#
R11143720
Subtype
Residential
Year Built
2005
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
740
Subdivision
Villas At Emerald Dunes Condo
Building Name
6466
MLS Area Major
5580

Property Description

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 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.

Additional Information

Amenities
Billiard Room, Business Center, Clubhouse, Fitness Center, Gated, Home Owners Association, Picnic Area, Pool, Property Manager On-Site, Putting Green(s), Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s)
Interior Features
Built-in Features, Closet Cabinetry, Dual Sinks, Garden Tub/Roman Tub, Pantry, Storage, Tub Shower, Walk-In Closet(s)
Taxes
$3,278
HOA Fee
$293
HOA Freqency
Monthly
Pets Allowed
Breed Restrictions, Number Limit, Pet Restrictions, Yes
Pets
Yes
Building Name
6466
Zoning
PIPD
Appliances
Cooktop, Dishwasher, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Stories
3
Parking Features
Garage, Garage Door Opener
Garage Spaces
1
Elementary School
Grassy Waters
Middle School
Jeaga
High School
Palm Beach Lakes

Listing courtesy of Prestigious Properties USA. Contact:

Selling Office: Prestigious Properties USA.

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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.


Agent: Gary Smith | Email: garysmith.pp@gmail.com