Investment Home: 711 S N St, Lake Worth Beach, FL, 33460, LakeWorthBeach, FL - $23,796 Yearly Profit
Description

Beautiful triplex with a higher level of finishing than the usual multifamily property in Lake Worth. Property consists of 1 unit with 1 bedroom/ 1 bathrooms, 1 unit with 2 bedrooms/ 1 bathroom and 1 studio with bathroom.The property is highly finished and comes fully furnished, which makes this an amazing turnkey rental property for short-term and long-term rentals. The location is amazing: less than 1 mile to Downtown Lake Worth, a couple of blocks away from the Intercoastal and 1 mile away from the I95. Property generated a rental revenue of $84,949 over the last 10 months (nov. '22 - aug '23) and is estimated to bring in $104,800 per year (pro forma).Property stands out thanks to its location, high finishes, beautiful volumes inside and the versatile layouts of the units.

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$7333
Bedrooms
3
Bathrooms
3
SQFT
1,958
Furnished
unknown
Year built
1926
MLS
RX-10918463

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Short-Term Rental Information
Revenue
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$58,104

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Profit
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Long-Term Rental Information
Revenue
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$58,104

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$6,825/mo

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