738 Executive Center Dr APT 23, West Palm Beach, FL, 33401
About This Home
Excellent investment opportunity! Currently leased at $1,650/month through March 2027, providing immediate and stable rental income. This well-maintained community is ideally situated along the shores of Clear Lake, offering a peaceful setting while being just 10 minutes from Downtown West Palm Beach and CityPlace. With an estimated 6,5% cap rate, this property is an attractive option for investors seeking cash flow, long-term appreciation potential, and a tenant already in place. Community amenities and convenient access to shopping, dining, major highways, and Palm Beach attractions enhance its appeal. Turnkey investment with income from day one.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1986
Materials
- Construction materials: Brick
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Electric Range,Electric Water Heater,Other,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Window features: Blinds
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 794
- Total interior livable area: 728 sqft
Property
Details
- Parcel number: 74434320070100230
- Other equipment: Other
Features
- Entry location: Second Floor Entry
- Exterior features: Barbecue,Balcony
- Has view: Yes
- View description: Other
Parking
- Total spaces: 1
- Parking features: 1 Space,Additional Spaces Available
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Palm Beach County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $809 | $9,708 |
| Home Insurance * | $242 | $2,904 |
| Property Taxes | $292 | $3,504 |
| Electricity | $197 | $2,366 |
| Total | $1,540 | $18,480 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-30 | Listed for sale | $160,000 |
| 2024-01-29 | Sold | $168,000 |
| 2024-01-02 | Listed for sale | $171,000 |
| 2019-11-01 | Listing removed | $1,020 |
| 2019-10-19 | Listed for rent | $1,020 |
| 2015-07-28 | Listing removed | $895 |
| 2015-07-21 | Price change | $895 |
| 2015-07-07 | Price change | $900 |
| 2015-06-24 | Listed for rent | $895 |
| 2011-08-08 | Sold | $15,500 |
| 2011-02-26 | Listed for sale | $19,000 |
| 2011-01-23 | Pending sale | $19,000 |
| 2010-12-19 | Price change | $19,000 |
| 2010-11-26 | Listed for sale | $21,000 |
| 2010-10-05 | Listing removed | $21,000 |
| 2010-08-09 | Listed for sale | $21,000 |
| 2006-03-16 | Sold | $157,300 |
View on Zillow