Sold

2638 Lake Drive 1

Singer Island FL, 33404

$3,950,000


$348.76 per sqft

Sold

11,326 sqft

Commercial

Built in 1972

Hidden Gem, 5-Star-Rated Turn-Key Vacation Rental known as Singer Island Escape. Rare 8-PLEX bldg with license to run short-term rental. Complete & fully permitted high-end remodel features new kitchens, baths, floors, hurricane impact windows & doors, HVAC, roof, plumbing, tankless HWH, electrical. Units 1 to 6: 2br/1.5ba. Unit 7: very large 1/1 convertible to 2/1. Unit 8: 2/1. Great outdoor space for entertaining on oversized lot! Vacation rental units include furnishings in sale! Lush serene landscaped getaway. Excellent operator with hundreds of 5-star reviews, easy to manage, high-end furniture/decor, serious operation, cash-cow! 2-story, 15-br's, 8-full-ba's, 6-half-ba's. Tremendous investment opportunity walking distance to the beach & everything downtown Singer Island has to offer.

R10808885

MLS ID

June 16, 2022

Listed

February 10, 2024

Updated

Map

2638 Lake Drive 1
Singer Island FL, 33404

Interior Features

Total Stories

2


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Beach Front, Central Business District


Roof

Composition

Other Property Details

Area Name

5240


Taxes

$28,044


Tax Frequency

Annually


Days on Market

97


Garage

No


View

No


County

Palm Beach County


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

11/10/2023

Sold

$3,950,000

Listed by Matan Morag, with Regency Realty Services
Listing Contact: (561) 706-0095 

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Data last updated 8:00 AM UTC, 2/10/2024

 

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