*** - 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
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