This steel and concrete property is conveniently located in Palm Beach, just a short distance away from the hotel and commercial area, making it a highly attractive location for residents and tourists alike. The surrounding area offers easy access to a diverse selection of restaurants and vibrant nightlife, adding to the property's appeal.
At present, the property serves a dual purpose. On the ground floor, it functions as a garage, providing parking space or storage for vehicles. The second floor serves as a living area, offering potential for residential use or as an office space.
The property features four apartments, each of which is ready to generate income. This setup is highly advantageous for investors, as it provides immediate revenue streams from existing tenants. These apartments could be rented out either for long-term leases or as vacation rentals to cater to the tourism-driven demand in the area.
Furthermore, there is a significant opportunity for development and expansion. The property can be converted into an apartment complex, which would allow for the construction of additional units. By utilizing the available space effectively, the property's income-generating potential could be maximized, providing even more opportunities for investment returns.
Should you have any question do not hesitate to contact me at +297-5609174 or email cruzm@remaxaruba.com
| Property Type: | Residential for Sale |
| Area: | Palm Beach |
| Bedrooms: | 0 |
| Bathrooms: | 0 |
| Half bathrooms: | 0 |
| Lot size: | 520 m2 |
| Build up size: | 240 m2 |
| Furnished: | No |
| Air-conditioned: | No |
| Pool: | No |
