2907 ASHLEY Drive W # A, West Palm Beach, FL 33415

Description of 2907 ASHLEY Drive W # A, West Palm Beach, FL 33415

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*

Property Details for 2907 ASHLEY Drive W # A, West Palm Beach, FL 33415

Flooring

Tile, Wood

Heating

Central

Cooling

Central Air

Pool Features

Community

Pool Private

Yes

Building Information for 2907 ASHLEY Drive W # A, West Palm Beach, FL 33415

Building Area Total

7607

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

Yes

Association Fee

$50,968

Association Fee Frequency

Annually

Association Amenities

Community Pool, Pool, Private Pool

Pets Allowed

No, Yes

Property Information for 2907 ASHLEY Drive W # A, West Palm Beach, FL 33415

Waterfront

No

View

No

Roof

Comp Shingle Roof, Shingle

Sewer

Public Sewer, Public Sanitation, Sewer

Water Source

Public

New Construction

No

Public Records for 2907 ASHLEY Drive W # A, West Palm Beach, FL 33415

Parcel Number

00424413210050010

Tax Annual Amount

$20,601

Tax Year

2025

Tax Legal Description

CRESTHAVEN VILLAS NO 7 CONDOMINIUM PARCEL A BLDG 5

Zoning

RM

County Or Parish

Palm Beach County

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