201 Inlet Way,Palm Beach Shores, FL 33404
Palm Beach Shores, FL 33404
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.
Details
| MLS # | F10552347 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 238 |
| Listing Provided By | Better Homes & Gardens Real Estate Florida 1st | Gary P Tutalo |
Features
| SQ Feet | 6,930 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Zoning | B |
| Acreage | 0.22 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Area Information
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Beach Shores |
| Zip Code | 33404 |
| Area | 5040 |
| Subarea | PB18 |
| Listing VS Median (in 33404) | |
Price: $4,595,000 low | high Med: $38,000 sqft: 6,930 low | high Med: 3,390 $ / sqft: $663 low | high Med: $11 On site: 238 low | high Med: 231.5 | |
Market Activity 33404
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Learn More About This Property
| State | FL |
|---|---|
| County | Palm Beach |
| City | Palm Beach Shores |
| Zip Code | 33404 |
| Area | 5040 |
| Subarea | PB18 |
| Listing VS Median (in 33404) | |
Price: $4,595,000 low | high Med: $38,000 sqft: 6,930 low | high Med: 3,390 $ / sqft: $663 low | high Med: $11 On site: 238 low | high Med: 231.5 | |