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Updated over 3 years ago,
New Vacation Rental Redevelopment in Palm Beach
We acquired this 7bd/3ba home about 3 months ago and we have re-positioned it to be a vacation rental.
Purchase Price: $550,000
Rehab/Furniture cost: $24,000
Expected Revenue: $80-110,000 / year
We're excited because it is in an up-and-coming area, and has great cash flow potential given it's proximity to the Ocean, Downtown and Airport.