Off-Market Condo: 02 at 1516 S Lakeside Dr, Lake Worth Beach, FL, 33460

1516 S Lakeside Dr, Lake Worth Beach, FL, 33460

- #402

$265,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,700 per month, based on comparable local listings. Estimated long-term cap rate of 1.3%. Indulge in the pinnacle of coastal living with this exceptional 2-bedroom, 2-bathroom apartment offering direct intracoastal views and awe-inspiring sunrises from every room in the unit. The impact glass windows not only showcase the panoramic beauty of the waterfront but also provide a secure and resilient environment. Step into a modern oasis where every detail has been meticulously updated, ensuring a seamless blend of sophistication and comfort. This residence boasts a 2023 air conditioner, promising optimal climate control for year-round comfort. Additionally, the 5-year-old water heater adds to the efficiency of this home, providing a reliable and energy-efficient solution for your daily needs. Embrace the serenity of waterfront living while enjoying the peace of mind that comes

Property Information
Monthly Rent
$1,700
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$0
Bedrooms
2
Bathrooms
2
SQFT
1,010
Furnished
unknown
Year built
1973
Listing Status
Off Market
MLS
RX-10953319

Long-term Rental Potential
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$20,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,700/mo

Rent