Lake Worth, FL 33460,Address not disclosed
Lake Worth, FL 33460,Address not disclosed
Lake Worth, FL 33460,Address not disclosed
Lake Worth, FL 33460,Address not disclosed
Lake Worth, FL 33460,Address not disclosed
Lake Worth, FL 33460,Address not disclosed
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$ 2,250,000
Est. payment | /mo

5,286 SqFt


$ 2,250,000
Est. payment | /mo

5,286 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,286 sqft

Price per Sqft $425

MLS Listing ID A11611108

HOA Y/N No

Year Built 1990

Annual Tax Amount $22,680

Lot Size 0.308 Acres

Property Description

Casa Loma is an excellent 2-story concrete block boutique apartment building with 14 units in Lake Worth Beach. Built in 1990, the property has been recently renovated with a brand-new roof, impact windows and doors, new signage, security cameras, and more. All unit interiors have been renovated with stainless steel appliances, granite countertops, porcelain flooring, window blinds, and modern kitchen cabinets. In addition, current ownership has recently installed 12 new Mitsubishi mini-split AC units in 12 of the units.
The property provides a new owner the flexibility to operate short-term or long-term leases as it comes with a transient license. The property has been historically operating at or near 100% occupancies with effective rents of $1,678 per unit.

Location

State FL

County Palm Beach

Area 5640

Exterior

Total Parking Spaces 15

Building

Story 2

Level or Stories Two

Structure Type Block

Others

Tax ID 38434427010480090

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by CBRE, Inc.
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