Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $298 per day and long-term for an average of $2,933 per month, based on similar listings in the area. Estimated short-term cap rate of -0.9%. Estimated long-term cap rate of -3.2%. New Construction. Residence 304 is a 3BR 2BA condominium in the newly built ALORA Luxury Condominiums building. ALORA is a contemporary collection of just 12 Luxury Residences located less than a mile from the beach. This 3 BR condominium features 9FT ceilings, Italian style kitchens, Bosch appliances, an expansive outdoor wrap around terrace, and high end finishes throughout. The rooftop amenity deck with swimming pool, summer kitchen and lounge area over looks the greenery of Lake Worth Beach with the intracoastal in the distance. Minutes walk from both Lake Ave and Lucerne, enjoy shopping and restaurants. The New Lake Worth Beach Lives Here.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $411 |
Rental Policy | daily |
Yearly Taxes | $1302 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,580 |
Furnished | unknown |
Year built | 2023 |
Listing Status | Off Market |
MLS | RX-10941197 |
