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Updated over 6 years ago on . Most recent reply
Investing in Condos in South Florida
Is anyone having any significant success purchasing condos as rental properties in South Florida?
Most Popular Reply
Hey Crystal,
Was looking for anyone interested in a condo deal in WPB and came across your thread. Please let me know if this sounds applicable to what you're seeking. Here's the details ....
It's a 2/2 condo in West Palm Beach between Belvedere and Okeechobee just west of the turnpike.
It is rented at $1250 per month. The condo fees there are 295 per month and include water, sewer, and trash collection. A nice annual return on investment for any long term asset.
It will likely NOT go on Market.... probably ask around 105k.
- Share Ross