357 Cypress DrTequesta, FL 33469

This exceptional 14-unit multifamily investment property is located at 357 S Cypress Drive in the desirable town of Tequesta, Florida, within Palm Beach County (zip code 33469). Built in 1984, the property boasts a total of 10,115 square feet and sits on a lot with an unspecified size. Currently enjoying full occupancy with tenants under lease agreements, this portfolio presents a strong immediate return on investment. The property comprises fourteen single-family rental units, offering a diverse mix of sizes. Two units measure 770 square feet each, another unit is 875 square feet, and the remaining eleven units are each 700 square feet. This established property is situated in a prime Tequesta location, offering investors a compelling opportunity to acquire a well-maintained, high-performing multifamily asset. The asking price for this turnkey investment is $3,300,000. This represents a rare chance to capitalize on the robust rental market in Tequesta, Florida. The property's strong occupancy rate and consistent rental income stream make it an attractive proposition for both seasoned and emerging investors seeking a stable and profitable addition to their portfolio. Further details are available upon request.