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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.
Property Details & Features
Property Type
- Multifamily (5+ Units)
Year Built
- 1972
Listing
- Source: Palm Beach
- List price: $4,500,000
- MLS ID: 20121115220811115022000000
- Listing ID: RX-10808885
- Listing date: 2022-06-16
- Status: Active
- For lease?: No
- $572 per square foot
- Month to Month
Bathrooms
- 14 total bathrooms
- 1 full bathroom, unit 1
- 1 half bathroom, unit 1
- 1 full bathroom, unit 2
- 1 half bathroom, unit 2
- 1 full bathroom, unit 3
- 1 half bathroom, unit 3
- 1 full bathroom, unit 4
- 1 half bathroom, unit 4
- 1 full bathroom, unit 5
- 1 half bathroom, unit 5
- 1 full bathroom, unit 6
- 1 half bathroom, unit 6
- 1 full bathroom, unit 7
- 1 full bathroom, unit 8
House
- 7,870 total building square feet
- Built in 1972
- 2 stories
- 8 units in build
- Year built description: Resale
- Square footage source: SimpleTemplate
- 8 tenants
- Block
- CBS
- Concrete
- Smoke Detector
- Free Standing
- Income
- Resident. Multi-Fam.
- Furnished
- Furnished
- Furnished
Cooling
- Central
- Central Individual
Floors
- Tile
Heating
- Central
- Central Individual
Location
- County: Palm Beach
- Subdivision: PALM BEACH SHORES
- Beach Area
- Central Business Dst
Lot
- 0 acres
Miscellaneous
- Unit 1 description: 2 Bedroom
- Unit 2 description: 2 Bedroom
- Unit 3 description: 2 Bedroom
- Unit 4 description: 2 Bedroom
- Unit 5 description: 2 Bedroom
- Unit 6 description: 2 Bedroom
- Unit 7 description: 1 Bedroom
- Unit 8 description: 2 Bedroom
- Manager on Premises
- Cable
- Electric
- Cash
- Conventional
Property
- Property type: E
- Zoning: OP
Roof
- Comp Rolled
Taxes
- Real estate taxes: $28,044
- Year: 2021
Utilities
- Electric
- Public Water
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