Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $18,000 per month, based on comparable local listings. Estimated long-term cap rate of -2.5%. Unveil the pinnacle of luxury living in this renovated home in the sky above the Atlantic Ocean. With sweeping views of the ocean, city, and intracoastal, every moment is a breathtaking panorama. Indulge in the culinary delights of the kitchen adorned with Italian marble islands, European cabinetry, and high-end appliances. Retreat to the oceanfront master suite for a tranquil escape. Complete with a captivating fireplace, Sonos sound system, and seamless smart home integration, every detail exudes sophistication. This full-service resort-style building also extends the luxury of cabana and beach chair service right onto the sand, accessible with just a simple phone call. Nestled in the heart of Lauderdale-by-the-Sea, this boutique building offers coastal elegance redefined.TRULY A MUST SEE!!
Property Information
Monthly Rent | $18,000 |
Monthly HOA | $3456 |
Rental Policy | STR Restrictions |
Yearly Taxes | $31565 |
Bedrooms | 3 |
Bathrooms | 4 |
SQFT | 3,523 |
Furnished | unknown |
Year built | 2006 |
Listing Status | Off Market |
MLS | A11569324 |
