Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $10,350 per month, based on comparable local listings. Estimated long-term cap rate of 11.1%. OVERSIZED, CORNER unit in popular Royal Coast. Compare to other listed units at 1100 or 1300 sq. ft. - you'll see! IMMACULATE and BRIGHT 2 bed 2 bath unit with preferred split bedroom plan. Views of the ocean and city from your private south facing balcony. Washer and dryer in unit. Beautiful porcelain floors. Bathrooms updated. HURRICANE PROOF WINDOWS AND SLIDER. Offered turnkey furnished - READY FOR YOU AND YOUR FUTURE TENANTS. Royal Coast has many amenities - guard station at entry manned 24/7, all common area spaces recently renovated, fitness center, oceanfront heated pool with one of the biggest sun decks, social room with kitchen facilities, more. In Lauderdale by the Sea, a quaint beach community with restaurants, parks, shops and a Publix (easily walkable).
Property Information
Monthly Rent | $10,350 |
Monthly HOA | $1475 |
Rental Policy | STR Restrictions |
Yearly Taxes | $5877 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,400 |
Furnished | unknown |
Year built | 1971 |
Listing Status | Off Market |
MLS | F10406511 |
