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For Sale
Listed on February 20, 2025

803 Ridge Rd, Unit 7

$195,000
2 Beds
1 Baths
728 sqft
0 Parkings
Maint. fee
$345
Annual Tax
$2,701
Occupancy
Tenant
Year Built
1964
Stories
1
Days on market
231 days ago

Description

Investors Special !!! Freshly painted and maintained 2 bedroom, 1 bath unit which is annually rented on February 15,2025 with rent of $1750 per month. HOA is as low as $345 paid quarterly. It produce 8.5% CAP rate which is so rare in Florida nowadays. Brand new water heater. One car parking. Unit has a beautiful backyard and is corner unit

The Keyes Company

Features & Details

Learn about the features and details of 803 Ridge Rd, Unit 7

Property Details

  • Property Type
    Condominium
  • Living Area
    728 sqft
  • Year Built
    1964
  • Lot Size
    -
  • Stories
    1 Stories
  • Annual Tax
    $2,701.00
  • List Date
    2/20/2025
  • Updated
    10/2/2025
  • Last Checked
    Recent
  • MLS Number
    #A11749293
  • Brokerage
    The Keyes Company
  • Postal Code
    33462
  • Area
    Palm Beach
  • City
    -

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $195,000.00
  • Unit Number
    7
  • Construction
    Other
  • Heating
    None
  • Fireplaces
    -
  • Garage
    1 Car Garage
  • Parking Type
    Open, One space
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Electric
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
    –
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2024
  • Assignment
    No
  • Extras Included
    Electric range, Refrigerator

Inside

  • Bedrooms & Baths
    2 Bed, 1 Bath
  • Bedrooms
    2
  • Full Bathrooms
    1
  • Ensuite
    Yes
  • Bathrooms
    1
  • Flooring
    Mixed

Price history

Learn about the price history of 803 Ridge Rd, Unit 7

Amenities

Discover the amenities available at 803 Ridge Rd, Unit 7

  • None

Virtual Tour

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Real estate trends

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Explore Palm Beach

Learn about the area around 803 Ridge Rd, Unit 7

Mortgage Calculator
Estimate monthly payments for 7 - 803 Ridge Rd
$0
20.0%
$195,000
1%
5.25%
10%
Estimated Monthly Payment

$935

Cash Flow Analysis
Mortgage Payment:
$934.83
Monthly Payment:
$1,504.91
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this impressive condominium in the heart of Southwinds. This well-appointed property offers 2 bedrooms, 1 bathroom, 728 square feet of living space. secure building access, none heating, Electric. Originally built in 1964 in a 1-story building. Offered at $195,000.00 Residents will appreciate the excellent amenities including None. The property comes with Electric range, Refrigerator. Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 803 Ridge Rd, Unit 7

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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803 Ridge Rd, Unit 7