Investment Opportunity: , Unit 304, LakeWorthBeach, FL - $-28,452 Profit

117 Lake Ave, Lake Worth Beach, FL, 33460

117 Lake Ave - #304

$899,000

Description

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
Monthly Rent
$2,933
Monthly HOA
$411
rental Policy
STR Restrictions
Yearly Taxes
$1302
Bedrooms
3
Bathrooms
2
SQFT
1,580
Furnished
unknown
Year built
2023
MLS
RX-10941197

Long-Term Rental Information
Revenue
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$63,648

Expenses
Profit
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Cap rate
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Cash on Cash
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$2,933/mo

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