5036 Alfred Drive, West Palm Beach, FL 33417

Residential · Active

$210,000

5036 Alfred Drive, West Palm Beach, FL 33417 — MLS photo

Miami Foreclosures & Bank-Owned Properties

5036 Alfred Drive, West Palm Beach, FL 33417

Bedrooms
2
Bathrooms
2
Interior
1,250 sq ft
Price / sq ft
$168/sq ft
Built
1979
Lot
2,919 sq ft

The residence

Welcome to this guard-gated, amenity-rich community of Cypress Lakes in West Palm Beach. This inviting 2 bed, 2 bath villa has been totally renovated, offering a seamless blend of modern comfort and carefree living. Step into an open-concept living and dining space that flows effortlessly into a beautifully updated kitchen featuring sleek cabinetry, quartz countertops, stainless steel appliances, and stylish fixtures. Both bathrooms have been tastefully transformed, and the bedrooms are spacious and bright — including a master suite with its own full bath for added convenience. A screened patio (or covered lanai) extends your living outdoors where you can enjoy morning coffee or evening relaxation overlooking lush landscaping or tranquil community views. Motivated seller—time is of the essence! This unit needs TLC but has great bones and tremendous potential for the right buyer. Bring your vision and make it your own! Serious buyers only—act quickly!

Property location

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5036 Alfred Drive, West Palm Beach, FL 33417

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,250 sq ft
Flooring
Vinyl
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Living Dining Room, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Residential
Year built
1979
Stories
1
Lot size
2,919 sq ft
Architectural style
Garden Apartment, Split Level
Construction
CBSConcrete Block Structure, Block
Pool
None, Association, Community
Waterfront
None
View
Garden

Parking

Covered spaces
0
Parking features
Open, Two Or More Spaces

HOA, Community & Financials

Association fee
$400 Monthly
Fee inclusions
Cable Tv, Golf
Amenities
Clubhouse, Fitness Center, Golf Course, Pool, Putting Greens, Guard
Security
Gated With Guard
Pets allowed
No
Annual tax
$3,581
Subdivision
CYPRESS LAKES
County
Palm Beach
Days on market
206
MLS listing ID
R11137303
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$729

Cap rate
9.9%
Net yield
9.9%
Cash-on-cash return
14.9%
Gross yield
16.2%
Mortgage payment
$996/mo
Down payment
$52,500
Loan amount
$157,500
Annual NOI
$20,691

Estimates only — includes 5 % maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

5036 Alfred Drive, West Palm Beach, FL 33417