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2638 Lake Drive , #1

Riviera Beach, FL 33404
  • $4,500,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: RX-10808887
$4,500,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,870
    SQFT
  • $572
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

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.

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www.castellihomes.com/homes/129901319
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2638 Lake Drive , #1 Riviera Beach, FL 33404

  • Price: $4,500,000
  • Status: Active
  • On Site: 9 Days
  • MLS #: RX-10808887
0
Beds
0
Baths
0
½ Baths
0.26
Acres
7,870
SQFT
$572
$/SQFT
1972
Built
Neighborhood:
Palm Beach Shores
County:
Palm Beach
Area:
Riviera Beach
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.
Exterior Features

Carport Spaces 0.00 Construction BlockCbsConcrete Exterior Features Fence Lot Description 1/4 To 1/2 Acre Private Pool YN No Roof Comp Rolled Unit1 Parking Open ParkingSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Unit4 Parking Open ParkingSpace Parking View Garden Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Flooring Tile Heating Electric Unit1 Bedrooms 2 Unit1 Desc A/C UnitDishwasherElectric MeterKitchenRange - ElectricRefrigerator Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Half Baths 1 Unit1 Sq Ft 0 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDishwasherElectric MeterKitchenRange - ElectricRefrigerator Unit2 Full Baths 1 Unit2 Furnished No Unit2 Half Baths 1 Unit2 Sq Ft 0 Unit3 Bedrooms 2 Unit3 Desc A/C UnitDishwasherElectric MeterKitchenRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Furnished Yes Unit3 Half Baths 1 Unit3 Sq Ft 0 Unit4 Bedrooms 2 Unit4 Desc A/C UnitDishwasherElectric MeterKitchenRange - ElectricRefrigerator Unit4 Full Baths 1 Unit4 Furnished No Unit4 Half Baths 1 Unit4 Sq Ft 0 Window Treatments BlindsHurricane WindowsImpact Glass

Property Features

Annual Net Operating Income 0.00 Annual Total Expenses 0.00 Auction No Available Info Deposit Security Built Desc Resale Gated Community No Gross Operating Income 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 ClosingFunding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Sq Ft Total 7870.00 Subdivision Amenities Manager On Site Tax Amount 28043.90 Tax Year 2021 Taxes City/County Tenant Pays CableElectric Terms Considered CashConventional Unit1 Monthly Income 0.00 Unit2 Monthly Income 0.00 Unit3 Monthly Income 0.00 Unit4 Monthly Income 0.00 Utilities CableElectricPublic SewerPublic Water Zoning Op

Listing provided courtesy of Regency Realty Services. Listing information © 2022 BeachesMLS
 
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