Off-Market Property at 222 S Federal Highway, Lake Worth Beach, FL, 33460

222 S Federal Highway, Lake Worth Beach, FL, 33460

$450,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $374 per day, based on similar listings in the area. Estimated short-term cap rate of 9.1%. Perfect location, well maintained, and spacious 3-story townhome that is located less than 1 mile from beautiful Lake Worth Beach and 2 blocks to Lake Avenue for shopping and dining. The townhome has 3 bedrooms (3rd is a den) and a 2 car garage. Enjoy the open design, an entertainer's dream kitchen with a large island, quartz countertops, white cabinets, stainless steel appliances, and a spacious pantry, making it ideal for hosting gatherings and exploring culinary delights. Other features include crown molding, custom blinds, and Cat 5 impact windows, doors & garage door. This property is also great for investors and can be rented right away.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$169
Rental Policy
daily
Yearly Taxes
$7030
Bedrooms
3
Bathrooms
4
SQFT
1,640
Furnished
unknown
Year built
2016
Listing Status
Off Market
MLS
RX-10960076

Short-term Rental Potential
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$78,948

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$274

Price/SQFT