Monday, October 23, 2017

WHAT IS THE BEST INVESTMENT? REAL ESTATE!



In a quiet corner of West Palm Beach's Presidential Estates, where luxury homes abound, some on the waterfront, you will find WHITEHALL CONDOS.  There are sparkling white buildings with catwalk designs that bring N'Awlins to mind.  Beautiful gardens, flowering bushes, and palm trees are meticulously cared for.  It is quiet, peaceful, and there are a beautiful Olympic-size pool and a small clubhouse on the grounds.  Meandering paths have pretty views and an occasional bench to sit on and rake in the colorful pastoral views.

The new Banyan Cay Country Club is being built next door with a Nicklaus golf course, hotel and clubhouse, and they accept outside members.  Guard gated at the north and south ends, this is a safe secure community.

All units have 1385 living sq ft. They are spacious with a huge walk-in master closet, two bedrooms, two full baths, laundry room with storage space and a bonus room for storage or other usages.  There is a wall of windows at the end of the living room. Some overlook water views, some overlook the golf course.  Others overlook gardens. Kitchens have all the "usual" appliances and a small area for a snack. Some kitchens are updated, some are not. There is a pass-thru window from the kitchen to the dining area.

A property manager can handle "fix-up" that renters request and collect 
the rent for you.

If you are a large investor, this could be a way to start off younger members of your family learning about real estate investments "as they go."

Some of the Whitehall condo owners have two, three or four units that are rented out. Priced at market value, they sell and rent quickly. The units can cost from $114,000 to $140,000, and with many upgrades can cost more.

If you like this idea, give me a call or text me at 561-302-3388 and let me show you some units and the grounds.


Marilyn Jacobs, Realtor