Off-Market Property at 415 9th Ave N, Lake Worth Beach, FL, 33460

415 9th Ave N, Lake Worth Beach, FL, 33460

$550,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $406 per day and long-term for an average of $3,934 per month, based on similar listings in the area. Estimated short-term cap rate of 5.2%. Estimated long-term cap rate of 1.4%. This charming duplex located in Lake Worth Beach offers a fantastic opportunity for investors. Situated on a quaint street, it exudes potential for lucrative monthly rentals or Airbnb hosting. With its appealing curb appeal and versatile layout, this property presents a great investment prospect for those seeking to capitalize on the flourishing hospitality market in the area. Don't miss out on this excellent chance to own a piece of real estate with promising income potential.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4460
Bedrooms
4
Bathrooms
2
SQFT
1,690
Furnished
unknown
Year built
1930
Listing Status
Off Market
MLS
RX-10974591

Short-term Rental Potential
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$67,992

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$325

Price/SQFT

Long-term Rental Potential
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$47,208

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,934/mo

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