Residential
1204 Lake
Lantana, FL 33462
General Information
Location Information
Rooms
Additional Features
Financial Information
Remarks
Excellent Location, RARELY AVAILABLE, quiet building steps from the Intracoastal Waterway! Close to Beach! Cash Only......Hot Spot for Snow Birds or Full Time residents. No Lease restrictions. Residents have full access to Hidden Banyan Intracoastal waterfront pool and private Pier. ONLY 12 Units in Building!! Unit #3 is a Studio with dining area and updated kitchen and bath IMPACT WINDOWS on 1st floor Studio is vacant and can rent for $1,000 - $1,100 Current cash on cash rate is about 8%. Rents can be raised to realize 9% plus return! Please walk over to intracoastal pool and dock as this is included with the building. Building is well maintained with Laundry facilities on site. New Roof replaced 2016.
Listing Agent
Michael J Johnston
EXP Realty LLC
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Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020