Off-Market Property at 130 S Lakeside Dr, Lake Worth Beach, FL, 33460

130 S Lakeside Dr, Lake Worth Beach, FL, 33460

$1,900,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $183 per day, based on similar listings in the area. Estimated short-term cap rate of -5.3%. This 5 unit building is in Prime location fully Occupied with Washer dryer on premise. Directly across the street from intracoastal park. Opportunity to build up if desired.Collect income from 5 units while waiting on your project or keep this Gem for future development. Just over the bridge to the Beach.The park has a heart trail, fishing, boating, golf course, Steps to trendy Downtown shops and restaurants.Access will be granted upon executed contract only. Do not Disturb tenants under any circumstance. Dream Opportunity for Investors. New Bonus being added by the Seller inquire within.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$14362
Bedrooms
2
Bathrooms
2
SQFT
3,408
Furnished
unknown
Year built
1954
Listing Status
Off Market
MLS
RX-10941734

Short-term Rental Potential
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$35,304

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$557

Price/SQFT