2907 ASHLEY Drive W A For Sale
Property Details
| Asking Price | $1,520,000 |
|---|---|
| Price per SqFt | $200 |
| HOA Fee | $50,968 Yearly |
| Property Taxes | $20,601 2025 |
| Interior Space | 7,607 SqFt |
| Beds/Baths | —/— |
| Year Built | 1968 |
| MLS # | B26092035 |
Location
From the listing
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*
Listed by Real - ativity
What It Costs to Own
Monthly, before a mortgage and insurance
HOA $50,968 a year; taxes $20,601 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · 2907 ASHLEY Drive W A
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| R10580813 | $68,000 | 2/20/20 |
Listed by Real - ativity. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in West Palm Beach and throughout South Florida.
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2907 ASHLEY Drive W A, West Palm Beach · MLS B26092035 · $1,520,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.