Description

Investor Opportunity - A+ Class Property at Emerald Dunes WPB This exceptional unit comes with reliable long-term tenants for 9yrs+, Rent $1985 per mo New Roof paid for The list price reflects a''going-in'' cap rate of over 6% compared to about 3% for cash in the bank for this A+ class property, a strong performer in Florida's hot market With interest rates on a downward cycle, these cap rates become increasingly attractive, driving upward pressure on condo values. Located just 15 minutes west of downtown, Emerald Dunes is one of the most sought-after gated communities in the area. Residents enjoy 24-hour patrolled security and world-class amenities including two resort-style pools two fitness centers a meditation garden theater room billiards room business cente library, tennis courts, and BBQ picnic areas. Everyday conveniences such as grocery stores, banking, the Turnpike, and I-95 are all close by. Florida continues to experience strong in-migration, with the population increasing by 467,347 residents from 2023 to 2024an average of 1,280 people every day! This steady demand contributes to the strength and long-term appreciation potential of properties like this. Income and Expenditure statements for the previous 12 months are available upon request.