Intracoastal Deep Water Dock Luxury Vacation Rental in the heart of Palm Beach

[Cindi Dixon]

Investment Info:

Condo buy & hold investment.

Purchase price: $143,000
Cash invested: $10,000
Sale price: $153,000

Lucrative vacation rental, Intracoastal fronting, dock and deep water boat access, resort vacation community in the heart of Palm Beach. Minutes to Palm Beach.

What made you interested in investing in this type of deal?

Location, amenities

How did you find this deal and how did you negotiate it?

FHLMC foreclosure

How did you finance this deal?

Cash

How did you add value to the deal?

Facelift and marketing

What was the outcome?

Successful short-term vacation rental

Lessons learned? Challenges?

None