Commercial property in Lauderdale-by-the-Sea, Florida № 1151863

Property description

4417 Poinciana St is situated where beachside charm meets lucrative investment potential. Ideally located walking distance from the beach lined with colorful shops, boutiques, and eateries. There are two buildings,; one being a 2 story where tenants can view the ocean from their front window and patio.There are many vacation rentals/Airbnb's operated properties surrounding this property and the demand for shorter term stays in this area is very high. The reason why the property is not currently operated as an Airbnb is because there is an assumable Freddie Mac loan on the property which restricts the use, otherwise that is how it would be operated. This property is being sold separately as a quadplex or in tandem with the adjacent property, 4421 Poinciana Street.