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The Villas at Emerald Dunes10 Condominium Units
6495 Emerald Dunes Dr.
West Palm Beach, FL 33411
The Offering
Purchase Price: $1,890,000
Price Per Unit: $189,000
Price PSF: $149.35
Monthly Income: $17,385
Monthly Expenses: $8,138.73
Cap Rate: 5%
No. of Units: 10
Unit Types: (5) 2B/2B & (5) 3B/2B
Parking: Mix of Carports & Uncovered
Livable Sq. Ft.: 12,655
Year Built: 2006
FHA/FNMA Approved!!!
The Property
Amenities include: Recreational Features
2 magnificent clubhouses totaling 9,500 SF
Spacious media room with surround sound
H.D.T.V.
2 state-of-the-art 24/7 fitness centers
2 heated whirlpool spas
Business center/conference / library rooms
Residents party room with kitchen
Card/game/billiard rooms
Yoga/stretching/aerobics room
Lighted tennis court and putting green
Fully gated, fenced private setting
Controlled access gates with intercom to each
unit
Impeccably landscaped grounds
Auto wash area
Pet stations
Secluded meditation gardens with waterfalls
Utilities: municipal water / sewer
Welcome to The Villas at Emerald Dunes. A
Gated Luxury Condominium Community in a
fantastic West Palm Beach location. Right off of
the Florida Turnpike, and just a short drive to
Downtown West Palm Beach, The Palm Beach
International Airport, The Wellington Mall, The
International Polo Club of Palm Beach, World
Famous Beaches, The Palm Beach Outlets, and
other attractions. Resort-Style Living in
Paradise!
Site Plan
Area Map
The Units
Residential Features
Superior CBS construction
Hurricane resistant windows & sliding glass doors
High ceilings and crown moldings in living, dining rooms and kitchens
Tile flooring throughout except for bedrooms
Upgraded carpet in bedrooms
Master bedrooms with spacious walk-in closets
Contemporary lighting/ceiling fans/window treatments
Pantries and linen closets
Separate laundry rooms with full size washer & dryer
High efficiency, energy saving A.C. & hot water heater
Uncovered spaces & carports
Large covered patios/screened first floor
State-of-the-art HDTV satellite/cable ready
High speed internet access
Satellite TV with up to 180 channels
Alarm systems
European-style cabinetry
Granite countertops & back splash
G.E. stainless steel appliances
G.E. radiant cook top oven and built-in microwave
The Units Cont.
Floor Plans
Floor Plans Cont.
Units (PCN #’s)
PCN # Unit Type B/B SF Parking
00-42-43-22-19-434-3010 6434 Emerald Dunes Drive #301 Cypress 3B/2B1390
A-6
00-42-43-22-19-475-3040 6475 Emerald Dunes Drive #304 Cypress 3B/2B1390
C-196 & U-416
00-42-43-22-19-565-2080 6565 Emerald Dunes Drive #208 Cypress 3B/2B1390
C-128 & U-344
00-42-43-22-19-565-3010 6565 Emerald Dunes Drive #301 Cypress 3B/2B1390
D22, C145, C147
00-42-43-22-19-565-3040 6565 Emerald Dunes Drive #304 Cypress 3B/2B1390
U-348
00-42-43-22-19-511-3060 6511 Emerald Dunes Drive #306 Sycamore 2B/2B1141
A-420
00-42-43-22-19-511-2080 6511 Emerald Dunes Drive #208 Sycamore 2B/2B1141
U-398
00-42-43-22-19-511-3020 6511 Emerald Dunes Drive #302 Sycamore 2B/2B1141
C-191 / U-400
00-42-43-22-19-573-1060 6573 Emerald Dunes Drive #106 Sycamore 2B/2B1141
A-326
00-42-43-22-19-573-3060 6573 Emerald Dunes Drive #306 Sycamore 2B/2B1141
A-330
Rent Roll
Unit Type B/B SF Parking Actual Rent Lease Begin Lease Exp.
6434 Emerald Dunes Drive #301 Cypress 3B/2B1390
A-6 $1,850.00 2/1/2019 1/31/2020
6475 Emerald Dunes Drive #304 Cypress 3B/2B1390
C-196 & U-416 $1,770.00 6/1/2019 5/31/2020
6565 Emerald Dunes Drive #208 Cypress 3B/2B1390
C-128 & U-344 $1,820.00 4/1/2019 3/31/2020
6565 Emerald Dunes Drive #301 Cypress 3B/2B1390
D22, C145, C147 $1,965.00 2/1/2019 1/31/2020
6565 Emerald Dunes Drive #304 Cypress 3B/2B1390
U-348 $1,735.00 7/1/2018 6/30/2019
6511 Emerald Dunes Drive #306 Sycamore 2B/2B1141
A-420 $1,735.00 4/19/2019 4/30/2020
6511 Emerald Dunes Drive #208 Sycamore 2B/2B1141
U-398 $1,625.00 1/1/2019 12/31/2019
6511 Emerald Dunes Drive #302 Sycamore 2B/2B1141
C-191 / U-400 $1,575.00 9/1/2018 8/31/2019
6573 Emerald Dunes Drive #106 Sycamore 2B/2B1141
A-326 $1,625.00 9/1/2018 8/31/2019
6573 Emerald Dunes Drive #306 Sycamore 2B/2B1141
A-330 $1,685.00 3/5/2019 3/31/2020
Annual Income/Expenses
Income/Expense Total
Income (actual):
Vacancy Loss (5%):
$208,620
($10,431)
Expenses:
Association Fees ($325/unit) $43,786
Repairs & Maintenance (estimate) $12,000
Utilities Tenants Pay
Real Estate Taxes (actual) $26,878
Insurance (estimate) $15,000
NOI $100,524
The Villas at Emerald Dunes
Presented By:
Joe Morello, Associate
Live Rite Realty Management, LLC
License: FL - SL3305851
Office: 561-530-4917
Cell: 561-339-9180
Email: [email protected]
Fax: 561-828-3109