About this home
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.
Listing last checked: Listing updated:
Listed by Gary P Tutalo · Better Homes & Gardens Real Estate Florida 1st · MLS #F10552347
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Tile
Building2 property facts
- Style
- Multi Family
- Roof
- Concrete
Land & utilities4 property facts
- Lot size
- 0.22 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B
Location
Estimated monthly cost
Explore costs at the $4,595,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$23,235 / monthAdjust
- Principal & interest
- $23,235
- Property tax
- Not entered
- Insurance
- Not entered
- HOA
- Not entered
Annual property taxes were not supplied. HOA amount was not supplied.
Partial estimate: add property tax, insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$1,540 · Sold $1,540 · Feb 15, 2021
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About 201 Inlet Way
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Request a tour of 201 Inlet Way and a Bean Group agent will help coordinate an available time with the listing side.
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