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

$3,950,000

Est. payment /mo

$4,250,000

7.1%
Est.Price: ?

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2638 Lake DR 1 Singer Island, FL 33404

14 Baths

7,870 SqFt

SOLD DATE : 10/31/2022

Key Details

Sold Price $3,950,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 7,870 sqft

Price per Sqft $501

Subdivision Palm Beach Shores

MLS Listing ID RX-10808885

Sold Date 10/31/22

Construction Status Resale

Year Built 1972

Annual Tax Amount $28,044

Tax Year 2021

Lot Size 0.260 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 Central, Central Individual

Cooling Central, Central Individual

Flooring Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Electric, Public Water

Roof Type Comp Rolled

Building

Story 100.00

Foundation Block, CBS, Concrete

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Laura Rojas

Agent | License ID: SL3454829

+1(561) 460-0051

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