Bought with Strategic Realty Services, LLC
$2,775,000
$3,200,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
24 Baths
18,596 SqFt
SOLD DATE : 05/10/2024
Key Details
Sold Price $2,775,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 18,596 sqft
Price per Sqft $149
Subdivision Waterway Club Apartments
MLS Listing ID RX-10961639
Sold Date 05/10/24
Construction Status Resale
Year Built 1979
Annual Tax Amount $42,950
Tax Year 2023
Lot Size 1.110 Acres
Property Description
Great opportunity to own the Waterway Club Apartments, an 18 unit apartment building in the heart of eastern Lantana, strategically located in the Waterway Club and Hidden Harbour condominium community that fronts the Intracoastal Waterway and affords community amenities of swimming pool, clubhouse, spa, library and more. This property provides a great opportunity for an investor to maximize the potential of this strategically located asset through renovation and increasing rents to market rate. The property has six 2 bedroom/2 bath units; Ten 1 bedroom/1.5 bath units; and Two 1 bedroom/1 bath units. The unit size are larger than standard size providing greater flexibility with renovations. Don't miss this opportunity. Call for more information today.
Location
State FL
County Palm Beach
Area 5600
Zoning General Commerc
Interior
Heating Central
Cooling Central
Flooring Carpet, Ceramic Tile, Laminate, Vinyl Floor
Fireplaces Type Smoke Alarm, Smoke Detector
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Built-Up
Building
Story 100.00
Foundation Concrete, Stucco
Construction Status Resale
Others
Security Features None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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