Duplex for Sale 511 Silver Beach Rd Lake Park, FL 33403
This is a beautiful duplex well located, each unit 2 bedroom and 1 bath One unit rented long term, month to month under market value for $800. One unit needs full rehab, central air and roof work or replacement Once rehabbed this property will always be rented due to high demand in the area. Very close to Broadway and intra-coastal. It could potentially be rented as an Airbnb Separate electrical and water meters,separate electrical and water meters, plenty of parking.
Potential ROI 14.4% Gross & 8.6% ROI NET (inclusive of RE Taxes, 10% maint & pm, $2500 ins) $200K Investment (purchase + proposed reno, $28,800 Annual Income at $2400 month).
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- 511 Silver Beach Rd Lake Park, FL
- West Palm Beach
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- For Sale
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