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3475 S Ocean Blvd
Palm Beach, FL 33480
La Bonne Vie · Flex Property For Sale


Property Facts
| Total Building Size | 216,418 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 24,046 SF |
| Property Subtype | Apartment | Year Built | 1967 |
| Building Class | B | Lot Size | 3.65 AC |
| Total Building Size | 216,418 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 9 |
| Typical Floor Size | 24,046 SF |
| Year Built | 1967 |
| Lot Size | 3.65 AC |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Bay Window
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wi-Fi
- Dining Room
- Family Room
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Clubhouse
- Fitness Center
- Pool
- Waterfront
- Doorman
- Elevator
1 Unit Available
Unit 210
| Unit Size | 1,395 SF | Cap Rate | 4.60% |
| Condo Use | Flex | NOI | $22,540 |
| Sale Type | Investment |
| Unit Size | 1,395 SF |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| NOI | $22,540 |
Description
This home has a newly renovated kitchen, baths, lighting, flooring and windows, all in modern taste and convenience. This 2 BR, 2 Bath is 1,395 SF of large rooms with high (8'-10') ceilings - so hard to find at this price!! The master bedroom has a huge walk-in closet and dressing vanity. The view from the balcony us unhindered to ocean and intracoastal with NO views of any parking lot. A modern glass round pedestal dining table seating 6 easily (not shown in the photos) and chandelier is included in the sale.
La Bonne Vie is a well maintained Palm Beach classic property with a milestone inspection completed and approved, new roof, common area hurricane windows and doors, new lobby, ample parking and friendly residents. LBV offers a resort-like atmosphere with amenities such as large pool and terrace decks, fitness room, party room, gym, sauna and 24-hour doorman security.
Sale Notes
Affordable and priced to sell investment property with a long-time renter (4.6% cap rate) on the beach residence in Palm Beach. Reserves are paid for 2026, so price is reduced by $20,000! HOA is an affordable $ 1,300 per month. This is a fantastic opportunity to own an affordable investment property in Palm Beach.
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Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 112 | - | - |

