Off-Market Property at 1010 S B St, Lake Worth Beach, FL, 33460

1010 S B St, Lake Worth Beach, FL, 33460

$430,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $323 per day and long-term for an average of $7,875 per month, based on similar listings in the area. Estimated short-term cap rate of 11.2%. Estimated long-term cap rate of 15.3%. Discover the charm of East Lake Worth with one of the largest homes in the neighborhood with a large fenced in backyard. This well-maintained 1964 home is in good condition, offering a solid foundation for those willing to provide a little tender loving care to enhance its charm. Nestled in a prime location, this haven is close to Lake Worth's pristine beaches, the vibrant heart of downtown Lake Worth, a plethora of dining options, and the convenience of I-95. Delight in the freedom that comes with no HOA restrictions. Great investment opportunity or come and make this house your forever home! (This home is owner occupied, do not just show up or walk the premises, 24 hours notice required to show)

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1130
Bedrooms
3
Bathrooms
2
SQFT
2,105
Furnished
unknown
Year built
1964
Listing Status
Off Market
MLS
RX-10965816

Short-term Rental Potential
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$76,920

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$204

Price/SQFT

Long-term Rental Potential
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$94,500

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$7,875/mo

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