7124 71st Way

West Palm Beach, FL 33407

$292,500

$237/ft²

2Beds

2.5Baths

1,236Sq ft

1987Year built

CondoType

About this home

Outstanding opportunity for an Investor or First-Time Buyer. The monthly HOA of approximately $501 delivers exceptional value, covering water, sewer, trash, high-speed internet (Blue Stream Fiber), landscaping, insurance, and common areas—creating a truly low-maintenance, predictable ownership experience. Investor-friendly with a minimum 4-month rental policy, offering strong rental flexibility and consistent demand potential—ideal for both long-term holds and seasonal use. Fully renovated and move-in ready, this 2-bedroom, 2.5-bath townhome offers 1,236 sq ft of modern living in a highly desirable West Palm Beach community. From the moment you arrive, you’re welcomed by a private, gated patio—perfect for relaxing or entertaining. The home has been completely updated with a clean, contemporary design featuring quartz countertops, brand-new stainless steel appliances, new lighting throughout, and beautifully renovated bathrooms with stylish tile and modern finishes. The layout offers two spacious bedrooms, each with its own updated bathroom, plus a convenient half-bath downstairs for guests. Custom built-in closets provide excellent storage and functionality. Ideally positioned within the community, enjoy added privacy along with close proximity to the pool and amenities. Conveniently located near shopping, dining, parks, and major roadways with easy access to beaches and downtown West Palm Beach. Minutes from Palm Beach Outlets, City Place, and Okeeheelee Park.

Property details

Listing

MLS #: A12002066
Status: For sale
Listed on: Apr 14, 2026
Days on market: 117 days
Listing data updated: Aug 4, 2026

Interior

Beds: 2
Baths: 2.5
Living area: 1,236 ft²
Price per ft²: $237/ft²

Building & community

Type: Condo
Year built: 1987
HOA fee: $501/mo
County: Palm Beach

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,479
Property taxes (est.): $268
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $501

Estimated total$2,481*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?