Bought with Onalim Brokerage Services, Inc
$3,950,000
$4,250,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2638 Lake DR 1 Singer Island, FL 33404
8 Beds
6 Baths
7,870 SqFt
Key Details
Sold Price $3,950,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,870 sqft
Price per Sqft $501
Subdivision Palm Beach Shores
MLS Listing ID RX-10808887
Sold Date 10/31/22
Bedrooms 8
Full Baths 4
Half Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1972
Annual Tax Amount $28,043
Tax Year 2021
Lot Size 0.264 Acres
Property Description
Hidden Gem, 5-Star-Rated Turn-Key Vacation Rental known as Singer Island Escape. Rare 8-PLEX bldg with license to run short-term rental. Complete & fully permitted high-end remodel features new kitchens, baths, floors, hurricane impact windows & doors, HVAC, roof, plumbing, tankless HWH, electrical. Units 1 to 6: 2br/1.5ba. Unit 7: very large 1/1 convertible to 2/1. Unit 8: 2/1. Great outdoor space for entertaining on oversized lot! Vacation rental units include furnishings in sale! Lush serene landscaped getaway. Excellent operator with hundreds of 5-star reviews, easy to manage, high-end furniture/decor, serious operation, cash-cow! 2-story, 15-br's, 8-full-ba's, 6-half-ba's. Tremendous investment opportunity walking distance to the beach & everything downtown Singer Island has to offer.
Location
State FL
County Palm Beach
Area 5240
Zoning OP
Interior
Heating Electric
Cooling Central
Flooring Tile
Exterior
Exterior Feature Fence
Utilities Available Cable, Electric, Public Sewer, Public Water
Amenities Available Manager on Site
Waterfront Description None
View Garden
Roof Type Comp Rolled
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 2.0
Foundation Block, CBS, Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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