A Unique Investment Opportunity on Broad Beach

Introducing a unique “off market” investment opportunity. Acquire an exceptional beach home with a guaranteed high rate of return/rental income. Located on affluent Broad Beach Rd. and leased for years to an exclusive celebrity rehab. This exquisite property generates about $1,000,000 in rent annually and the Tenant is responsible for all maintenance and repairs with the exception of the exterior walls and roof. The home has a classic modern architectural style and spans from blufftop to beach with breathtaking whitewater and coastline views. It has expansive decks for entertaining or relaxing and a rare waterfront infinity edged swimming pool and spa. The recently renovated interior includes an open concept living room, dining area and kitchen with sliding glass doors that fold away to seamlessly blend indoor and outdoor living. The spacious master suite has its own sitting room, a grand fireplace and beautifully done bathroom finished in floor to ceiling marble. There is also an expansive media room, gym, 3,000 bottle wine room (currently being used as an office), three car garage and elevator. The current Tenant is interested in extending for multiple years into the future securing long term cash flow while enjoying appreciation or alternatively let the lease lapse or structure a buyout and start enjoying the property now. Seller is open to standard purchase or creative options such as partial trade, etc. Call for pricing and more details.