Investment Home: 1702 N Ocean Breeze, Lake Worth Beach, FL, 33460, LakeWorthBeach, FL - $52,596 Yearly Profit
Description

This is a unique opportunity to own a cash flowing multi-family residential income property on three buildable lots, one block from the intracoastal. Currently generating $6300 monthly, with the main 3 bed, 2 bath single-family vacant and ready to rent (market rent $2700 month). The options are endless: this a great property to park 1031 money, live in one unit and rent out the other three, or keep the three units on the southern lot and build two more single-family spec homes. New construction SFH in the area are going for $750-$850 a sq ft. Opportunity properties like this do NOT come available often!!

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$16092
Bedrooms
9
Bathrooms
6
SQFT
3,780
Furnished
unknown
Year built
1950
MLS
RX-10910153

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Short-Term Rental Information
Revenue
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$128,304

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Profit
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Cap rate
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Long-Term Rental Information
Revenue
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$128,304

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$2,000/mo

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