Income Property in Lauderdale by The Sea with 6 units: two one bedrooms and four efficiencies with kitchens. 1/2 block to the beach. With a history of 100% occupancy, the property has a hotel license and is zoned RM25. For vacation rental possibilities ask the seller. Almost 3000 sq feet of leaseable space and a lot of 6250 sq ft provides consistent annual rental income. In clean original condition and small upgrades this property runs itself with a manager of 20 years in one of the units with a minimum rent deduction. 6 power meters. Amenities in the area are some of the best beaches in FL, grocery shopping steps away, full service mini mall, restaurants, bars, public tennis courts and more. LBTS is a charming beach community - with its 4 story height restriction there are no big condos on the beach. Summary with rent rolls available upon request. Phone listed does not accept texts. Please DO NOT walk the property respecting the tenant privacy.
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