Off-Market Property at 621 S M St, Lake Worth Beach, FL, 33460

621 S M St, Lake Worth Beach, FL, 33460

$790,999

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 -3.2%. Schedule your appointment today with 24-hour notice to see this amazing corner lot investment opportunity in Lake Worth beach!This charming property offers: 2 updated cozy 2-bedroom 1 bath units in the front with impact windows, and 2 other units in the back building.This turn-key triplex has annual renters in some units and the others are empty and can be run as an AirBnB. Also, excellent opportunity for families, individuals seeking a second home, or savvy investors looking for an outstanding property to add to their portfolio. Prime location - located a few blocks from restaurants, shops and beaches of Lake Worth.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$8629
Bedrooms
6
Bathrooms
3
SQFT
360
Furnished
unknown
Year built
1925
Listing Status
Off Market
MLS
RX-10948040

Short-term Rental Potential
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$34,140

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2197

Price/SQFT