Highlights Individual deeds amp ; meters Mixed use zoning MU DIXIE Strong rental demand area Value add through stabilization Condo structure allows future unit by unit resale Unit Mix amp ...


Property

Website: https://www.nestseekers.com/5284127
Address:
Apt: 1a
Lake Worth Beach, FL 33460
Ownership: For Sale
Type: Multi-Family
Bathrooms: 6

Financials

Price:$1,100,000
Annual Taxes:$13,200
Common charges:$17

Description

Highlights •Individual deeds & meters •Mixed-use zoning (MU-DIXIE) •Strong rental demand area •Value-add through stabilization •Condo structure allows future unit-by-unit resale Unit Mix & Size UnitBeds/BathsSquare Feet 1A1 / 1620 2A1 / 1620 3A1 / 1620 5B2 / 1796 7B1 / 1620 8B1 / 1620 "Solid in-place income with upside through stabilization and rent optimization "Approx. 7.09% cap rate at asking price

Amenities

  • Laundry Facilities
  • Smoke Detectors

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Atlantic Florida Properties Inc

Lake Worth Beach FL 33460 USA