*** - 10% RETURN - LEASE DAY 1 **** Call or text Mike 561-961-8550 *****Great Investment - Buy and Hold - LEASE DAY 1******* 1 Bedroom potential 10% Cap rate 1 Bedroom $89,997 - Taxes $1,300 - HOA $240 - Currently rents for $1,000 - $1,100 Annual Income $12,000 - $13,000 -Annual HOA $2,880 -Annual Taxes $1,300 Net Operating income $9,000 = 10% Cap Rate 1204 S. Lake Dr Lantana, Fl Great Location, RARELY AVAILABLE, quiet building steps away from the Intracoastal Waterway! Close to Beach! Hot Spot for Snow Birds or Full-Time residents. Intracoastal Waterfront Pool and Private Pier. Roll down Hurricane shutters included!! No Lease restrictions. Low HOA. ONLY 12 Units in Building!! Unique 1 Bed 1 Bath with updated Kitchen, Newer Stainless-Steel appliances, Large Pantry and huge closets. Located on 2nd floor so no one above to disturb you. Building is well maintained with Laundry facilities on site. New Roof 2016 Residents have full access to Hidden Banyan Intracoastal Waterfront Pool and Private Pier Included in Maintenance fee!!! CALL or Text Mike at 561-961-8550
Off market
$128,700
1204 S Lake Dr APT 8, Lantana, FL 33462
1beds
1baths
595sqft
Apartment
Built in 1973
-- sqft lot
$128,700 Zestimate®
$216/sqft
$1,685 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher, Freezer, Microwave, Refrigerator
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 595 sqft
Property
Parking
- Total spaces: 1
Details
- Parcel number: 40434503310000080
Construction
Type & style
- Home type: Apartment
Materials
- masonry
- Roof: Other
Condition
- Year built: 1973
Community & neighborhood
Community
- Community features: On Site Laundry Available
Location
- Region: Lantana
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $240 monthly
Other
Other facts
- Cooling System: Air Conditioning
- Intercostal Private Pier
- Small Dogs Allowed
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$128,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$128,700