PRICED AT ONLY: $2,900,000
Address: 201 Lakeside Drive S, Lake Worth, FL 33460
Description
Exceptional investment opportunity! This 3 story, 10 unit apartment complex sits on a corner lot just two blocks from the Intracoastal, minutes from downtown dining, shopping, and only 5 minutes to the beach. Ten 1BR/1BA units with central A/C rent for $1,900/month, plus a stunning 3,440 SF rooftop penthouse with 3BR/3BA. The building offers elevator access, a 900 SF recreation room, community laundry, and plenty of parking. Strong rental income, prime location, and rare penthouse highlight make this a must see property with outstanding long term potential.
Property Location and Similar Properties
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now
Apply NowShare this Property
- MLS#: RX-11117845 ( MultiFamily (5+ Units) )
- Street Address: 201 Lakeside Drive S
- Viewed: 1
- Price: $2,900,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1967
- Bldg sqft: 0
- Days On Market: 9
- Additional Information
- Geolocation: 26.613 / -80.0498
- County: PALM BEACH
- City: Lake Worth
- Zipcode: 33460
- Subdivision: Linden Arms Condo
- Provided by: Douglas Elliman
- Contact: John R Trueman
- (561) 655-8600
- DMCA Notice
Features
Bedrooms / Bathrooms
- Num Toilets: 10
Building and Construction
- Absolute Longitude: 80.049838
- Construction: CBS, Concrete
- Flooring: Ceramic Tile
- Roof: Other
- Sqft Source: Other
- Total Number Of Units: 11
- Total Building Sqft: 12500.00
- Type Of Building: Condo, Free Standing, Hotel / Motel
Property Information
- Property Desc: Mulitfamily
- Property Group Id: 19990816212135227274000000
Utilities
- Air Conditioned: 100.00
- Cooling: Central
- Fire Protect: Smoke Alarm
- Heating: Central
- Number Of Meters: 11.00
- Num Of Stories: 3.0
- Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
- Tax Year: 2024
Rental Information
- Tenant Pays: Electric
Other Features
- Avail Docs: Aerial
- Avail Info: Drawings, Photos
- Country: United States
- Legal Desc: LINDEN ARMS CONDOMINIUM
- Location: City
- Miscellaneous 1: Elevator
- Parcel Id: 38434427630000020
- Possession: At Closing
- Sale Includes: Building and Land, Fixtures, Furniture
- Use: Hotel/ Motel, Income, Mixed
- Zoning: MF-30(
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
