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Own piece of paradise in sought-after Singer Island! Ten-unit boutique hotel with 8 one bedroom one bath units and 2 two bedroom one-in-a-half bath units. Renovations were recently completed 2018 with new HVAC units and appliances. Coin operated washer and dryer is on site. Each unit is metered separately for water and electric.
Conveniently located one block east of the intercostal waterways, guests can spend the day at Peanut Island Park (via water taxi) or choose to stay shore side and dine or relax and shop at the Sailfish Marina or Ocean Mall.​ Located one block west of the ocean, guests can take a short 3 minute walk to the beach.
Number of Units: 10; NOI: $151,983; Cap rate: 5.96%


Investment highlights

  • SqFt +/-7,000
  • Property allows for remote management
  • All HVACs replaced within last 3 years
  • A short 3-minute walk to the ocean
  • Roof completed in 2018 with 10 year warranty
  • Exterior recently painted
  • Ability for easy condo conversion



For more information, fill out the form below or email

The information provided, including but not limited to SqFt, lot size, measurements, CAP rates, NOI, etc have been obtain from third parties. Because any disclaim might be subject to error, prospective purchasers shall conduct his/her/it own verification/due diligence of this information, warranty or representation. Information courtesy of Crexi, Keller Williams.


  • City: West Palm Beach
  • Country: United States


Updated on October 19, 2020 at 3:52 pm

  • Price: $2,550,000
  • Property Size: 6930 SqFt
  • Land Area: 0.22 Acres
  • Garage: Parking Lot
  • Garage Size: 17 spaces
  • Year Built: 1968
  • Property Type: Apartment Building, Commercial
  • Property Status: For Sale

Contact info

D'Lux Real Estate Services
D'Lux Real Estate Services

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