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    Address Not Published

    Singer Island, FL 33404
    • $2,570,000
    • STATUS: Active Under Contract
    • ON SITE: 126 days
    • MLS #: RX-10643232
    Under Contract
    UPDATED: 200 min ago
    $2,570,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,708
      SQFT
    • $333
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958

    School Ratings & Info

    Description

    Income-Producing Multifamily, Single-Family Guest Cottages, or Redevelopment Opportunity. Cabana complex allows you to run annual or vacation rental business in this high-demand location. Steps away from the beach, shops, restaurants and entertainment. The subject property is a portfolio of three adjacent lots total of 27,251 square foot. Together, the properties contain a total of 9-units. They can be acquired separately or together as the portfolio. Three one story residential properties: Single Family House, Duplex and 6-unit Multi-Family, built in late 1950s. The parcels come with two swimming pools. The property is a turnkey and has had about $250,000 worth of improvements over the last year.

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    www.bettersouthfloridahomes.com/homes/108442261
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    Address Not Published Singer Island, FL 33404

    • Price: $2,570,000
    • Status: Active Under Contract
    • Updated: 200 min ago
    • MLS #: RX-10643232
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,708
    SQFT
    $333
    $/SQFT
    1958
    Built
    Neighborhood:
    Yacht Harbor Repl In
    Area:
    Singer Island
    Property Description
    Income-Producing Multifamily, Single-Family Guest Cottages, or Redevelopment Opportunity. Cabana complex allows you to run annual or vacation rental business in this high-demand location. Steps away from the beach, shops, restaurants and entertainment. The subject property is a portfolio of three adjacent lots total of 27,251 square foot. Together, the properties contain a total of 9-units. They can be acquired separately or together as the portfolio. Three one story residential properties: Single Family House, Duplex and 6-unit Multi-Family, built in late 1950s. The parcels come with two swimming pools. The property is a turnkey and has had about $250,000 worth of improvements over the last year.
    Exterior Features

    Carport Spaces 0.00 Construction Cbs Exterior Features Auto Sprinkler Lot Description 1/2 To < 1 Acre Private Pool YN Yes Roof Concrete Tile Unit1 Parking Open Parking Unit2 Parking Open Parking Waterfront Description None Waterfront YN No

    Interior Features

    Cooling Central Flooring Tile Heating Central Unit1 Bedrooms 3 Unit1 Desc A/C Unit Unit1 Full Baths 2 Unit1 Furnished Yes Unit1 Sq Ft 1283 Unit2 Bedrooms 3 Unit2 Desc A/C Unit Unit2 Full Baths 2 Unit2 Furnished Yes Unit2 Sq Ft 1283 Unit3 Bedrooms 5 Unit3 Full Baths 2 Unit3 Furnished Yes Unit3 Half Baths 1 Unit3 Sq Ft 2202 Unit4 Bedrooms 1 Unit4 Full Baths 1 Unit4 Furnished Yes Unit4 Sq Ft 750

    Property Features

    Annual Net Operating Income 180283.00 Annual Total Expenses 69917.00 Available Info AccountingService Contracts Built Desc Resale Contingent Backup Contingents FinancingInspection Gross Operating Income 250200.00 Hoa Fee Per Month 0.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Quad Plex Possession At Closing REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 7708.00 Subdivision Amenities Pool Tax Amount 27932.00 Tax Year 2019 Taxes City/County Tenant Pays CableCommon Area MaintElectric Terms Considered CashConventional Unit1 Monthly Income 3000.00 Unit2 Monthly Income 3000.00 Unit3 Monthly Income 6600.00 Unit4 Monthly Income 1800.00 Utilities CableElectricPublic SewerPublic Water Zoning Oprm15 And Rm15

    Listing provided courtesy of Fpb Investment Properties, Inc. Listing information © 2020 BeachesMLS
     
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    United Realty Group
    1361 Sawgrass Corporate Parkway #200
    Sunrise FL, 33323