Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $3,561 per month, based on comparable local listings. Estimated long-term cap rate of -0.2%. Investor friendly! Beautifully updated 2-bedroom, 2-bath condo in the highly sought-after Boca Bayou community. Enjoy stunning intercostal views from your private screened patio. This move-in-ready home features custom Italian kitchen cabinets, impact sliding doors and mostly impact windows for peace of mind. Resort-style amenities, including 5 pools, fitness center, tennis courts, clubhouse, and more. Building has recently undergone restorations including concrete, new screens, and pavement. Includes additional storage Space, cable with HBO and water. Clubhouse renovation assessment has been paid. Boca Bayou does offer dock space opportunities - must check for availability. Just minutes from the beach, Mizner Park, shopping, and dining. A fantastic opportunity in a prime location!
Property Information
Monthly Rent | $3,561 |
Monthly HOA | $815 |
Rental Policy | STR Restrictions |
Yearly Taxes | $5722 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,130 |
Furnished | N/A |
Year built | 1976 |
Listing Status | Off Market |
MLS | F10486744 |
