$4,500,000
Estimated Payment$21,253/mo
Multi-Family For Sale

2638 Lake Drive #1, Singer Island, FL 33404

Virtual Tour
7,870Sq. Ft.
2-Story Multi-Family Home In Singer Island

Hidden Gem, 5-Star-Rated Turn-Key Vacation Rental known as Singer Island Escape. Rare 8-PLEX bldg with license to run short-term rental. Complete & fully permitted high-end remodel features new kitchens, baths, floors, hurricane impact windows & doors, Hvac, roof, plumbing, tankless Hwh, electrical. Units 1 to 6: 2br/1.5ba. Unit 7: very large 1/1 convertible to 2/1. Unit 8: 2/1. Great outdoor space for entertaining on oversized lot! Vacation rental units include furnishings in sale! Lush serene landscaped getaway. Excellent operator with hundreds of 5-star reviews, easy to manage, high-end furniture/decor, serious operation, cash-cow! 2-story, 15-br's, 8-full-ba's, 6-half-ba's. Tremendous investment opportunity walking distance to the beach & everything downtown Singer Island has to offer.

2638 Lake Drive #1 is a multi family-home located in Palm Beach, the 33404 ZIP Code, and the Lincoln Elementary School, John F. Kennedy Middle School, and William T. Dwyer High School attendance zones.

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2638 Lake Drive #1
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Location
2638 Lake Drive #1 Singer Island, FL 33404
Home Details

Interior Details

Utilities

  • •Cooling Details: Central
  • •Heating Details: Electric
  • •Utilities: Cable, Electric, Public Sewer, Public Water

General

  • •Flooring: Tile

    Financial Details

    Tax Details

    • •Annual Tax Amount: 28043
    • •Zoning: Op

    Property Details

    Construction Details

    • •Construction Materials: Block, Cbs, Concrete
    • •Roof: Comp Rolled

    General

    • •Lot Features: 1 4 to 1 2 Acre
    • •Stories: 2

    Location Details

    View

    • •View Details: Garden

      MLS Details

      General

      • •Days on Homes.com: 52
      • •MLS Number: RX-10808887
      • •Listed: 6/17/2022
      • •Last Updated: 8/8/2022
      • •Offered By: Regency Realty Services
      • •Listing Source: Beachesmls
      Monthly Payment Calculator

      $21,253

      Estimated Mortgage
      Principal & Interest
      $15,178
      Insurance
      $1,575
      Taxes
      $4,500
      Mortgage Insurance
      $0
      30 Year Fixed
      i
      Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
      i
      If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
      Nearby Schools
      School data provided by GreatSchools
      i
      The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
      Points of Interest

      Airports

      Distance
      • Palm Beach International
        10.8 mi

      Colleges

      Distance
      • Palm Beach Atlantic University
        8.7 mi

      Shopping Centers

      Distance
      • Ocean Walk
        0.5 mi
      • Island Plaza
        1.3 mi
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      Listing Agent
      Matan Morag Pa
      Regency Realty Services
      Singer Island, FL
      (561) 706-0095
      Continue Your Search
      Homes for Sale in Singer Island, FL
      This home is located at 2638 Lake Drive #1 Singer Island, Fl 33404 Us and has been listed on Homes.com since 17 June 2022 and is currently priced at $4,500,000, approximately $572 per square foot. This property was built in 1972. 2638 Lake Drive #1 is within the school district(s) Palm Beach Schools with nearby schools including Lincoln Elementary School, John F. Kennedy Middle School, and William T. Dwyer High School. Similar properties nearby are 220 Lake Shore Dr, 5000 N Ocean Dr, 2700 N Ocean Dr 1904a, 5050 N Ocean Dr 1501, 5000 N Ocean Dr, 5000 N Ocean Dr, 617 Lighthouse Dr, 3920 N Ocean Dr 11b, 2700 N Ocean Dr 303a, and 148 Atlantic Rd.

      Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

      Locations Near 33404

      $4,500,000

      7,870 Sq. Ft.

      2638 Lake Drive #1

      Singer Island, FL 33404

      Matan Morag Pa
      Regency Realty Services
      (561) 706-0095