2907 Ashley Drive W #A, West Palm Beach, FL 33415
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
Listed by: elizabeth a lewis
Office: real - ativity
MLS#:B26092035
Source:RMLS
Price summary
- Price:$1,520,000
- Price per sq. ft.:$199.82
- Monthly HOA dues:$4,247.33
About this home
6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*...
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Home facts
- Year built:1968
- Subdivision & Development:Palm Beach County 55+ Assemblage
- Listing ID #:B26092035
- Added:4 day(s) ago
- Updated:October 28, 2026 at 10:09 AM
Rooms and interior
- Flooring:Tile
- Living area:7,607 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1968
- Building area:7,607 sq. ft.
- Construction Materials:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,520,000
- Price per sq. ft.:$199.82
- Tax amount:$20,601 (2025)
Features and amenities
- Pool features:Association, Pool
Parking
- Total parking spaces:10
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