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112 Claremont Ln 4 Unit Apartment Building $3,499,500 ($874,875/Unit) Palm Beach Shores, FL 33404
INVESTMENT HIGHLIGHTS
- Blocks from the Beach
- Outdoor Spa/Jacuzzi
- Open Living Spaces
EXECUTIVE SUMMARY
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.
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.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,499,500 | Apartment Style | Low-Rise |
| Price Per Unit | $874,875 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 5,736 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | ||
| Zoning | B - Multifamily (Medium Density) (54-Palm Beach Shores) | ||
| Price | $3,499,500 |
| Price Per Unit | $874,875 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.20 AC |
| Building Size | 5,736 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Zoning | B - Multifamily (Medium Density) (54-Palm Beach Shores) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Walk-In Closets
- Den
- Dining Room
- Island Kitchen
- Large Bedrooms
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,350 |
1 1
PROPERTY TAXES
| Parcel Number | 54-43-42-27-04-000-1270 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,272,304 |
PROPERTY TAXES
Parcel Number
54-43-42-27-04-000-1270
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,272,304
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112 Claremont Ln
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