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29140515
29140517

112 Claremont Ln, West Palm Beach, FL 33404

Logan Realty
Listed by Logan Realty
$3,199,000
148 days on market
Updated 20 days ago

112 Claremont Lane

Details
APN 54-43-42-27-04-000-1270
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,736
Net Rentable (SqFt) 5,736
Units 4
Cap Rate 7.96%
NOI $254,691
Price per SqFt $558
Buildings 1
Stories 2
Acreage 0.200
Zoning Zoning B—MULTI-FAMILY (MEDIUM DENSITY) (54-PALM BEACH SHORES)
Ownership On Record

Multifamily | 4 Units | $799,750/unit

Marketing description

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.

Investment highlights

Blocks from the beach

Open living spaces

Upgrades

Outdoor Spa / Jacuzzi

Listing Contacts

Logan Realty
Listed by Logan Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$254,691.00
$21,224.25/mo

Valuation Metrics

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DSCR
7.96%
Cap Rate
7.96%
ROI

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