Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $3,800 per month, based on comparable local listings. Estimated long-term cap rate of 0.6%. Loft Style Condo spanning just under 2,000 sq ft, this 2/2 residence offers a unique 2-level design with breathtaking Intracoastal Water Views from a private balcony. Enjoy the airy ambiance with 20ft tall ceilings & floor-to-ceiling windows, complemented by a stylishly updated kitchen featuring new LG profile appliances. Around the corner from downtown Lake Worth Beach. Less than 1 mile from the beach & Eau Palm Beach Resort. Situated across from the city's newest development project & historic Gulfstream hotel. Low monthly fees. 2 covered parking spaces & deeded storage unit. Perfect as a primary residence, or lucrative rental investment property. This gem is a must see. Owner is also selling 1802 N Lakeside Dr, Lake Worth Beach, house 5 mins North, & will consider a package deal.
Property Information
Monthly Rent | $3,800 |
Monthly HOA | $0 |
Rental Policy | STR Restrictions |
Yearly Taxes | $0 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,974 |
Furnished | unknown |
Year built | 2005 |
Listing Status | Off Market |
MLS | RX-10954155 |
