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9 Waterfront Units in Lake Worth FL 33461 Assigned

  • $1,554,000
  • 9 beds
  • 9 baths
  • 3,956 sqft
Assigned

9 Waterfront Units in Lake Worth FL 33461

9 Units
9 Bedrooms / 9 Bathrooms Total
Commercial
Waterfront
4 Buildings total:
Building #1: 1,160 Sq ft CBS built in 1952with 2 bedrooms and 2 baths
Building#2: 900 Sq ft CBS built in 1952with 2 bedrooms and 2 baths
Building #3: 900 Sq ft CBS built in 1952with 2 bedrooms and 2 baths
Building #4: 900 Sq ft CBS built in 1952with 2 bedrooms and 2 baths
Studio Apartment
Total living Sq ft: 3,956
Construction: CBS
Lot size: 13,987 Sq ft
Condition:
All 9 Units are fully furnished, and operating as a cash flowing airbnb.
All 9 Units are in Great Condition.
All Tankless water heaters
All Led Fixtures, Central AC units are 3 years old,
All have new AC Ducts,
All Stainless Steel appliances
Gross Annual Income:
Airbnb: $275,132
Square: $6,988
Cash: $10,000
Annual Expenses:
RE Taxes: $9,668
Cleaning: $32,000
Insurance: $7,500
Landscaping: $2,400
Supplies: $6,000
Utilities: $8,000
Internet/Cable: $4,000
Bed (Hotel) Tax: $12,000
Misc: $10,000
Total Gross Annual Income: $292,120
Total Annual Expenses: $91,868
Net Operating/Annual Income is $200,252
Cap Rate: 12.9%

Available on 03.05.2021

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DISCLAIMER: Florida Investor Deals does not own these properties nor does Florida Investor Deals hold itself out to represent the owners of these properties. These are not Florida investor deals listings. Values are strictly an opinion. Consult an appraiser for true values. Florida investor deals disclaims all liability for the actions or inactions taken or not taken as a result of communications from or to its officers, directors, and members. Florida investor deals does not hold direct contract with the owner of this property

The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement

Price:
$1,554,000
Address:
9 Waterfront Units in
Lake Worth, Florida 33461
Square Feet:
3,956
Lot Size:
13,987 Sq ft
Bedrooms:
9
Bathrooms:
9
Terms:
Assignment of Contract
Property Type:
Multi-family
Const. Type:
CBS

Additional Features

9 Waterfront Units in Lake Worth FL 33461 9 Units 9 Bedrooms / 9 Bathrooms Total Commercial Waterfront 4 Buildings total: Building #1: 1,160 Sq ft CBS built in 1952with 2 bedrooms and 2 baths Building#2: 900 Sq ft CBS built in 1952with 2 bedrooms and 2 baths Building #3: 900 Sq ft CBS built in 1952with 2 bedrooms and 2 baths Building #4: 900 Sq ft CBS built in 1952with 2 bedrooms and 2 baths Studio Apartment Total living Sq ft: 3,956 Construction: CBS Lot size: 13,987 Sq ft

Call (954) 280-5883 for more details

Property Location