Property Description
Good place to park some money rather than vacant land. For sale strictly as an income/investment/land bank property only. Not for occupancy or use by a buyer as the sale will be subject to a 5 year lease with the current owner as tenant with an additional 5 year option. Tenant pays $15,000/month plus real estate taxes, renters insurance, utilities, lawn, pest, A/C, roof & pool maintenance. Great place to park some money in quality real estate with guaranteed income & 100% occupancy. Possible future limited commercial potential.
Property Details
Listing Information
- MLS ID
- R10885252
- Listing Status
- Active
- Property Type
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 3.5
- Living Area
- 4,000 sq ft
- Lot Size
- 55,800 sq ft
- Year Built
- 1981
- Community
- Palm Beach Country Estates
- County
- Palm Beach
Property Features
- Interior Features
- Bar, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Pantry, Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s), Pull Down Stairs, Roman Tub, Cabana Bath, Storage
- Exterior Features
- Pool Bathroom
- Appliances
- Electric Water Heater, Cooktop, Disposal, Dishwasher, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Water Softener
- Cooling
- Central Air, Electric, Zoned
- Heating
- Central, Zoned
- Parking
- Circular Driveway, Garage Door Opener, Garage, Attached Garage
- Waterfront
- False
- Waterfront Features
- None
- Lot Features
- Corner Lot, Sidewalks
- View
- Pool
- Property Tax
- $9,533 (2025)
