1760 Bel Air Ave, Lauderdale By The Sea FL 33062,Lauderdale By The Sea,Broward County,Business Opportunity

Property ID: A11800742
Price: $1,395,000
Year Built: 1955
Property Status: Business Opportunity

Description

Active Airbnb producing apprx $8000 NOI per month. Owner is not pursuing it full time. Owner will pay for a new pool up to $70,000. Actual projections of full time income are $120k-$140k. Records available. Seller financing offered. Also flip opportunity for luxury coastal living in the prestigious Bel Air community. One block from the beach. Joint venture opportunity to increase 1800 sq. ft. with 250k down and an estimated ARV projected to sell at $2,972,000 – $3,633,000. Seller financing or joint ventures possible. Property is currently a profitable AirBNB, VRBO with a 5 star rating.*(All information believed to be accurate but not warranted and subject to change without notice. Buyers are advised to do their own due diligence.)