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480 Executive Center Dr # 5J, West Palm Beach FL 33401

Condo/Co-op For Sale
$195,000

BTC: 2.54702194

ETH: 84.05172414

New
2 bds
2 ba
1,133 sqft

Overview

Fantastic opportunity for investors or future homeowners! This 2-bedroom, 2-bathroom condo in West Palm Beach is offered at just $195,000! Enjoy immediate rental income of $2,050/month ($24,600 annually) from reliable tenants with an excellent payment history. Lease expires December 31, 2026, offering flexibility for future occupancy or continued investment. Community amenities include a pool, fitness center, and inviting surroundings ideal for walking and jogging. Prime location near Downtown West Palm Beach, shopping, dining, and major highways. Monthly special assessment of $413 through December 2026. An exceptional combination of value, income potential, and lifestyle! Please do not disturb tenants. Showings require a minimum of 48 hours' advance notice.

Location

Florida • West Palm Beach • 33401 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
1 Space / Assigned / Guest
Year Built:
1979
Lot:
No Data
Heating:
Electric
Price/sqft:
$172
Cooling:
Electric
HOA:
$880

Valuation

Our model vs. what's actually selling nearby.
Estimate
$237,000
$129K – $475K
Confidence Low
List vs. estimate
$42K below estimate
List $195,000 · -17.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$172
-12.1% vs. city median $195
Based on
270 MLS comparables
+ 9 public-records sales within 0.5 mi
Median actual sale: $155K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,077
2025
HOA
$880/mo
View
Other View
Garage
1 car garage
All facts and features

  • Flooring

    • Carpet

    • Tile

    • Vinyl

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Dryer

    • Electric Range

    Other interior features

    • Lobby

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Assigned

    • Guest

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 74434320020010510

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $880

    • HOA Frequency: Monthly

    • Annual tax amount: $3,077

  • Source details

    • MLS ID: A12114726

    Other facts

    • Construction Materials: CBS Construction / Frame With Stucco

    • Laundry Features: Common Area

    • Patio And Porch Features: Open Balcony

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1133

    • Subdivision Name: BREAKWATERS OF THE PALM B

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33401
366
median $525K
Active
Same city
West Palm Beach
1,840
median $345K
Active
Same type
Condo/Co-op
887
median $190K
Active
Similar price
$136K – $253K
421
median $195K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: DecoNova International Group