Condo in 480 Executive Center Drive 5J, West Palm Beach, FL 33401 for sale with MLS# A12114726

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.

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480 Executive Center Drive 5J, West Palm Beach, FL 33401

Price
Price:
$195,000.00
Original List Price:
$195,000.00
List Price per Sq Ft (Calculated, Approx.):
$172.1
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
October 30, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Measures
Living Area:
1,133 Sqft
Built-Up Area:
1,133 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Security:
Fire Alarm, Security Fence, Entry - Phone/intercom
Appliances:
Dryer, Electric Range
Interior:
Closet Cabinetry, Elevator
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Balcony Details:
Balcony - Open
Construction
Year Built:
1979
Levels:
Two
Construction Materials:
Frame, Stucco, CBS
Flooring:
Carpet, Tile, Vinyl
Number of stories:
5
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$3,077.00
Tax Year:
2025
Association Fee:
$880.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Assigned, Guest
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Pool, Laundry, Elevator(s), Fitness Center, Tennis Court(s), Parking, Jogging Path, Lobby
Subdivision Name:
BREAKWATERS OF THE PALM B
Association Fee Includes:
Maintenance Grounds, Maintenance Structure, Common Areas, Elevator
Senior Community:
No
Restrictions:
Other Restrictions, Auto Parking On
Minimum Days per Lease:
365
Other Leasing Restrictions:
Leasing Prohibited 1st 2 Years
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Subject To Tenant Rights
Zoning and Legal
Tax Legal Description:
BREAKWATERS OF THE PALM BEACHES COND BLDG 1 UNIT 5-J
Real Estate Folio Number (Parcel Number):
74434320020010510
Public Schools Assigned
Elementary School:
Peace River Elementary
High School:
Palm Beach Lakes
Middle Or Junior School:
Bear Lakes
Listing History
Active on the market since:
October 29, 2026
Listing Agreement executed on:
October 30, 2026
Listing Status Last Changed On:
October 30, 2026 4:00 am
Photos updated on:
November 4, 2026 10:06 pm
Last Modified:
November 5, 2026 4:01 am
Additional Information
Courtesy of:
DecoNova International Group
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
Executive Center
Street Number:
480
Unit Number:
5J
City:
West Palm Beach
State:
Florida
Zip Code:
33401
County:
Palm Beach
Latitude:
N26° 42' 45.6''
Longitude:
W81° 55' 22.9''
Street Suffix:
Drive
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,942
Median Home Value $430,900
Median Rent $1,774/mo
Median Age 38
Population 31,964
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.