Off-Market Condo: 17 at 1516 S Lakeside Dr, Lake Worth Beach, FL, 33460

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

- #317

$125,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $123 per day and long-term for an average of $1,560 per month, based on similar listings in the area. Estimated short-term cap rate of 9.8%. Estimated long-term cap rate of 2.8%. Experience the ultimate intracoastal living in this stunning one-bedroom, one-and-a-half-bath condo in Lake Worth Beach, Florida!Enjoy breathtaking Intracoastal Waterway views from the comfort of your own private balcony, perfect for sipping coffee or watching the sunset. This beautifully appointed condo features:- One spacious bedroom with ample closet space- One and a half stylish bathrooms with stylish fixtures- Open-concept living area leading to the balcony- Gourmet kitchen - Intracoastal Waterway views from the balcony and living area- Prime location in Lake Worth Beach, close to downtown and the beach.Don't miss out on this incredible opportunity to own a piece of paradise in one of South Florida's most desirable locations. Schedule a viewing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$583
Rental Policy
daily
Yearly Taxes
$268
Bedrooms
1
Bathrooms
2
SQFT
767
Furnished
unknown
Year built
1973
Listing Status
Off Market
MLS
RX-10980251

Short-term Rental Potential
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$27,540

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$162

Price/SQFT

Long-term Rental Potential
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$18,720

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,560/mo

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