$585,000

760 Executive Center Dr Unit 14 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $4,272/month

-- Bed
-- Bath
728 Sq Ft
$804 Price per Sq Ft

Highlights

  • Lake Front
  • Balcony
  • Open Patio
  • Home fronts a lagoon or estuary
  • Porch
  • Ceramic Tile Flooring

About This Home

Rare opportunity to acquire a turnkey rental portfolio of three tenant-occupied 2-bedroom waterfront condos overlooking the downtown skyline. Each unit offers an efficient split-bedroom layout, strong rental history, and consistent demand from local professionals due to proximity to downtown, Clear Lake, Brightline, and I-95.The community provides desirable amenities including a pool, gym, tiki huts, BBQ areas, and lakefront walking path, supporting steady year-round occupancy. All units are currently leased, making this an immediate cash-flow investment with the option to hold long-term or reposition for future appreciation.Portfolio is offered as a package or individually. There are 8 units total for sale. Full rent rolls available upon request.

Listing Agent

Amy Casal

Serhant License #3457911 Listed on: 11/20/2025

Serhant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,297

Year Built

  • Built in 1986

Lot Details

  • Home fronts a lagoon or estuary
  • Lake Front

HOA Fees

  • $741 Monthly HOA Fees

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434320070120140

Community Details

Overview

  • 3 Units
  • Clear Lake Club Condo Subdivision

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $47,020
  • Net Operating Income $22,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,297

Year Built

Built in 1986

Lot Details

0

HOA Fees

$741 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 728.0

Exterior Features

  • Exterior Features: Balcony, Porch
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Lake Front, Lagoon
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 741.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Size Limit

Lot Info

  • Parcel #: 74434320070120140
  • Lot Size: Paved Road
  • Zoning Description: MF32(c

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 22568.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 47020.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5297.0

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,851 $49,282 -- --
2023 $1,805 $44,802 $0 $0
2022 $1,589 $40,729 $0 $0
2021 $1,441 $101,000 $0 $101,000
2020 $1,252 $79,000 $0 $79,000
2019 $1,223 $79,000 $0 $79,000
2018 $1,067 $76,000 $0 $76,000
2017 $981 $70,000 $0 $0
2016 $878 $22,990 $0 $0
2015 $604 $20,900 $0 $0
2014 $567 $19,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $585,000 0.0% $804 / Sq Ft
09/02/2013 09/02/13 Rented $800 -5.9% --
08/03/2013 08/03/13 Under Contract -- -- --
07/24/2013 07/24/13 For Rent $850 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $382,000 Attorney
Source: Public Records

Source: BeachesMLS

MLS Number: R11142282

BeachesMLS

APN: 74-43-43-20-07-012-0140

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

760 Executive Center Dr Unit 14, West Palm Beach, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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