Condo in Lake Worth, FL 33467

Sunrise Of Palm Beach, 4640 Lucerne Lakes Blvd W #102

Desirable first floor unit with a pool view. New HVAC system and dishwasher. Storage bay included. Clubhouse is in excellent condition and includes renovated locker room, billiards room, sitting area, and a theatre with full kitchen for live productions, parties, and banquets. Unit may be used by an owner-occupant or rented out as an investment property. Currently leased MTM at $1,530 per month, of which $1,200 is paid by the housing authority. Newest HUD rents support $1,800+/month rents. All utility expenses paid by tenant. The condo association takes care of building/common area maintenance, minimizing the involvement needed by the owner. Full hurricane protection, reducing the cost of insurance. Low taxes—county only. Well-funded association with over $300,000 in reserves. Month-to-month lease gives the new owner the ability to continue renting the unit, or to non-renew the lease and live in the unit.