Condominium For Sale

3940 N Flagler Drive #303, West Palm Beach, FL 33407

$799,000
2 Bedrooms
3 Bathrooms
1,980
Property Description

Immediate income, long-term upside! This waterfront condo delivers a 5% cap rate with strong tenants in place paying $6,500/month through the end of March 2026, offering dependable cash flow from day one! Located in one of West Palm Beach’s most rapidly evolving neighborhoods, this income-producing, turnkey residence offers both short-term return and the opportunity to capitalize on a wave of redevelopment that’s already reshaping the North Flagler corridor.The surrounding area is on the cusp of explosive transformation, and savvy investors are already taking notice. Florida’s premier homebuilder, GL Homes, has acquired nearly 100 parcels immediately surrounding Flagler Landing with plans to develop a new enclave of single-family luxury homes, while a large-scale waterfront expansion

Basic Details
Listing Type : For Sale
Price : $799,000
Bedrooms : 2
Bathrooms : 3
Half Bathrooms : 1
View : Garden
Square Footage : 1,980
Full Bathrooms : 2
Property Sub Type : Condominium
Field 3132 : Fitness Center,Pool
Features
: Electric, Central Air, Ceiling Fan(s)
: Balcony, Open
: Assigned, Covered, Garage, Two or More Spaces, Garage Door Opener
Public Sewer
Blinds,Drapes,Impact Glass
Central, Electric
Ceramic Tile
None, Association, Community
Yes
Gated with Guard,Security Guard,Smoke Detector(s)
Composition, Shingle
Furnished
Location
US
FL
Palm Beach
West Palm Beach
33407
On Flagler Drive between Palm Beach Lakes Blvd and 45th Street. Located just 2 blocks north of 36th Street, on the east side of Flagler Drive, next to Rybovich Marina. Look for the Gated Entrance
5420
3940 N Flagler Drive 303, West Palm Beach, Florida 33407
Extended Details
Breakfast Bar,Built-in Features,Breakfast Area,Closet Cabinetry,Dual Sinks,Entrance Foyer,Elevator,Garden Tub/Roman Tub,High Ceilings,Living/Dining Room,Pantry,Separate Shower,Walk-In Closet(s)
Balcony
Virtual Tour URL
FLAGLER LANDING CONDO
10.10.2025
Block
Intracoastal Access
Cash, Conventional
Cable Available,Electricity Available,Sewer Available,Water Available
Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Ice Maker,Microwave,Refrigerator,Washer/Dryer,Washer
Fitness Center,Pool
2.0
303
East of US-1,Sidewalks
RPD(ci
2024
Closing & Funding,Close Of Escrow
$0
Compass Florida LLC
Justin Charles Keller PA
Monthly
Association Management,Insurance,Maintenance Structure,Parking,Pool(s),Roof,Water
1
1980
276551783
273007303
Boat Facilities,Gated,Pool,Sidewalks
3
East of US-1,Sidewalks
Active
2025-10-10
Listed As-Is
2025-10-10T00:00:00Z
4
12070.0
https://www.propertypanorama.com/3940-N-Flagler-Drive-303-West-Palm-Beach-FL-33407/unbranded
Public
Alyse Keller
Compass Florida LLC
FTL
Property TypeCondominium
StatusActive
Listing IDR11131275
Year Built2007
HOA1644.0
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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