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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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201 Inlet Way , Palm Beach Shores, FL 33404
$4,595,000
Est. Payment: $10,211.11/mo
0 Bed
0 Bath
6930 Sqft
Status: Active | Days on site: 207
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FLLBHGF - FLL20016040
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House Description

Hotel License in place. Prime 10-Unit Beachside MultifamilyOffered for sale is La Doral, a rare 10-unit multifamily asset located in the heart of Palm Beach Shores on Singer Island, just steps from the Atlantic Ocean, Palm Beach Inlet, and Sailfish Marina.The property consists of eight one-bedroom/one-bath units and two two-bedroom/one-and-one-half-bath units.Constructed of CBS, the building features impact windows throughout and a concrete roof with a recently installed silicone coating system.Currently operated as a stabilized annual rental with long-term month-to-month tenants. A hotel license is in place.Units are separately metered for water and electric, and the property includes 17 on-site parking spaces.Offering memorandum and detailed financials available upon request.

Highlights

Listed by Gary P Tutalo , 561-358-1992 Better Homes & Gdns RE Fla 1st , 954-525-2200.

Property Type

Commercial Sale

Lot/Acreage
0.22

County

Palm Beach

Area

5040

Listing ID

F10552347

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Tile
Water:Public

Exterior Features

Lot:<1 Acre,< 1/4 Acre
Zoning:B
Roof:Concrete
Sewer:Public Sewer
Principal Interest
$10,211
Taxes
$2,929

Home Price

$4,595,000

Loan Details

30 yrs
%

Down Payment

20%
$919,000
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Monthly Price:
$10,211.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,211.11 $2,929.31 $0.00 $13,140.42
Yearly $122,533.33 $35,151.75 $0.00 $157,685.08
Total $3,676,000.00 $1,054,552.50 $0.00 $4,730,552.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Palm Beach Shores, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.