5260 Bosque Lane , #17

Description

Lowest-priced unit in Forest Condo — and it qualifies for a Smart Start $15,000 in down payment grant assistance that does not have to be paid back. Single-story, first-floor 2BR/1BA with a private 1-car garage, freshly painted throughout, tile floors in the living area, and an open-concept layout that lives bigger than the square footage suggests. All-ages community. Two-story max building height means no milestone inspection reports, no elevator assessments, and none of the big-ticket special assessments hitting other Palm Beach County condo buildings right now. HOA covers water, sewer, cable, exterior maintenance, and master insurance. Pool, basketball court, and onsite management on-site. Near major highways, PBI Airport, Okeeheelee Park, shopping, and dining. Priced to close. The opportunity in plain language. Every comparable unit in Forest Condo has sold between $210,000 and $225,000 over the past 12 months. One is active right now at $229,000. This one is priced at $170,000. That gap is intentional. It's a take-action price for a buyer who moves, not one who waits. Stack that with the $15,000 SmartStart Grant from The Mortgage Firm — $15,000 in non-repayable down payment assistance that never gets paid back — and you're looking at a path into Palm Beach County homeownership that most people assume doesn't exist in today's market. No income limit. No first-time buyer requirement. Eligibility is based on the property's location. This one qualifies. The unit. 5260 Bosque Lane #17 is a single-story, ground-floor condo in Forest Condominium — an all-ages, well-managed community in West Palm Beach's 33415 zip code. Two bedrooms, one bath, a private one-car garage, and an open-concept layout with tile floors in the main living area. Freshly painted throughout. This is a clean, functional unit at the bottom of the market — priced as-is for a buyer who recognizes the value and acts on it. Why this building is different right now. Post-Surfside legislation has split Florida's condo market in two. Buildings over three stories are subject to mandatory structural milestone inspections and reserve funding requirements that are generating five- and six-figure special assessments across Palm Beach County. Forest Condo tops out at two stories. No milestone inspection requirement. No elevator. No high-rise structural reserve mandates. The HOA covers water, sewer, basic Comcast cable, exterior maintenance, and the master insurance policy — predictable monthly costs without the landmines hiding in other buildings. The association itself is financially stable. The December 2025 general ledger shows over $158,000 in the operating account with consistent vendor relationships covering roofing, pool, landscaping, pest and termite control, and security. The association carries an active roofing maintenance contract — that cost is absorbed inside the operating budget, not passed to owners as a special assessment. No special assessments are currently pending. The 2026 budget is under final board review; buyers should request the current confirmed monthly assessment and estoppel at time of offer. The management. Forest Condominium Association, Inc. is professionally managed by Property Management Resources, Inc. out of Lake Worth, with AKAM handling on-site operations. The on-site office is staffed five days a week: Monday, Wednesday, and Friday 9am-1pm, Tuesday and Thursday noon-4pm. Board of Directors meetings are held the second Tuesday of each month at 7pm — open to all owners. This is an engaged, functioning association, not an absentee one. Buyer approval process. All purchases require board approval prior to closing. The application process takes up to 10 days from receipt of a complete package and includes a background check, credit review, and board interview. Minimum credit score of 650 required. Application fee is $100 for the primary buyer, $50 for each additional occupant 18 or older. Buyers should initiate the application process imm