Investment Home: 1625 S Federal Hwy, Lake Worth Beach, FL, 33460, LakeWorthBeach, FL - $-17,688 Yearly Profit
Description

Quadplex in Lake Worth featuring four, one-bed/one-bath units split between two one-story buildings, built in 1950 with concrete block construction and a rolled roof (2006). Both buildings feature GE & Square D panels (2020), copper supply pipes (2018/2023), mini split AC’s (2021), & impact doors. The building is separately metered for electricity, the owner pays for water. Unit 2 is fully furnished and being run as a short term rental. This Quadplex is located 5 minutes from the beach and less than a mile from Lantana Rd featuring easy access to Lantana Airport, Lost City Golf Club, Sport Complex, Publix, Costco, Home Depot, and well-known restaurants. Excellent opportunity for an owner occupant or investor to purchase a stable, cash flowing asset in a great area, with tremendous upside.

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$6705
Bedrooms
2
Bathrooms
2
SQFT
1,806
Furnished
unknown
Year built
1950
MLS
A11433638

Short-Term Rental Information
Revenue
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$57,996

Expenses
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Cap rate
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Long-Term Rental Information
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$57,996

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$3,359/mo

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