Singer Island, FL 33404,2638 Lake DR 1
Singer Island, FL 33404,2638 Lake DR 1
Singer Island, FL 33404,2638 Lake DR 1
Singer Island, FL 33404,2638 Lake DR 1
Singer Island, FL 33404,2638 Lake DR 1
Singer Island, FL 33404,2638 Lake DR 1
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Listed by Regency Realty Services
Bought with Onalim Brokerage Services, Inc

$3,950,000

$4,250,000

7.1%
Est.Price: ?

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Est. payment /mo

8 Beds

6 Baths

7,870 SqFt


SOLD DATE : 10/31/2022

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

Abv Grd Liv Area 28

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 No

Waterfront Description None

View Garden

Roof Type Comp Rolled

Parking Type Open Parking, Space Parking

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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