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
Listed by Justin Charles Keller PA
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License #3392436
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Compass Florida LLC
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(631) 872-8689
Listed by Alyse Keller
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License #3433254
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Compass Florida LLC
Last updated October 10, 2025
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Source: BeachesMLS #RX-11131275
Listing Facts
TypeCondo
NeighborhoodNorthwood Shores
Bedrooms2
Bathrooms3
Days on Prevu12
HOA/Maint. Fees$1,644/month
Taxes$12,070/year
Size1,980 sqft
Price per sqft$404
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Elevator
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/10/2025
Listed by Compass Florida LLC
$799,000
Property Details for 3940 N Flagler Drive 303
Association
Amenities
Association Amenities: Fitness Center, Pool
Community Features: Boat Facilities, Gated, Pool, Sidewalks
Pets Allowed: Yes
Fees
Association Fee: $1,644.00 Monthly
Association Fee Includes: Association Management, Insurance, Maintenance Structure, Parking, Pools, Roof, Water
General
Number Of Units In Community: 68
Exterior
Construction
Property Condition: Resale
Roof: Composition, Shingle
Stories Total: 4
Window Features: Blinds, Drapes, Impact Glass
Year Built: 2007
Year Built Details: Resale
Construction Materials: Block
Entry Level: 3
Exterior Features: Balcony
Features
Patio And Porch Features: Balcony, Open
Pool Features: None, Association, Community
View: Garden
Waterfront Features: Intracoastal Access
Measurements
Building Area Total: 1,980
Lot Size Dimensions: 1
Financial
Taxes
Parcel Number: 74434310350063030
Tax Annual Amount: $12,070.00
Tax Year: 2024
Interior
Features
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer Dryer, Washer
Flooring: Ceramic Tile
Interior Features: 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 Closets
Measurements
Living Area: 1,980
Rooms
Bathrooms Full: 2
Bathrooms Half: 1
Bathrooms Total Integer: 3
Bedrooms Total: 2
Other
Location
Subdivision Name: FLAGLER LANDING CONDO
Parking
Parking
Covered Spaces: 2
Garage Spaces: 2
Garage: Yes
Parking Features: Assigned, Covered, Garage, Two Or More Spaces, Garage Door Opener
Utilities
Equipment
Cooling: Central Air, Ceiling Fans, Electric
Has Cooling: Yes
Heating: Central, Electric
Has Heating: Yes
Sewer: PublicSewer
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water Source: Public
Based on information from Beaches MLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
