112 Claremont Ln - Apartments FOR SALE


Palm Beach Shores, FL 33404
$3,499,500 USD
561-351-1686
112 Claremont Ln, Palm Beach Shores, FL for Sale
$3,499,500 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

112 Claremont Ln
Palm Beach Shores, FL 33404


HIGHLIGHTS

  • Blocks from the Beach
  • Open Living Spaces
  • Outdoor Spa/Jacuzzi

OVERVIEW

Well-located income-producing property benefiting from strong vacation-rental performance, supported by its proximity to the Atlantic Ocean, beach access, upscale dining, and shopping on Singer Island. One of the area’s most desirable island locations for seasonal and long-term rental demand. Rare multi family opportunity on iconic Singer Island / Palm Beach Shores. This four-unit residential income property features CBS construction with impact glass, brand-new kitchens and bathrooms, and 8 on-site parking spaces. The property consists of four spacious 2-bedroom, 2-bath units and is turnkey for immediate rental operation. Situated in a supply-constrained coastal market with convenient access to Palm Beach, downtown West Palm Beach, major highways, and Palm Beach International Airport. A unique opportunity to own a coastal four-plex in one of South Florida’s most sought-after island communities.

FOR SALE DETAILS

PRICE

$3,499,500 USD

PRICE/SF

$610 USD /SF

# OF UNITS

4

PRICE/UNIT

$874,875

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

B

APN/PARCEL ID

54-43-42-27-04-000-1270

ASK ABOUT THIS PROPERTY

Sean RasmusLogan Realty IncMore Info
561-351-1686

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Sean RasmusLogan Realty IncMore Info
561-351-1686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.