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