Singer Island is always considered one of Florida’s best places to invest in real estate, live, or take a vacation to, especially if you love beach life. There are many types of residencies in the area, but condos are the most sort real estate investment property in Singer Island, due to their high demand and relative affordability. If condos in Singer Island are what you are looking for, Reaches can be a great option to try out, especially for rental condos.
On Singer Island oceanfront at 5280 N. Ocean Drive, Reaches is a beautiful 19-story tower that was constructed back in 1982. The building consists of 94 residential units, with each floor consisting of 6 units. These include sixty 2-bedroom condos and 30 3-bedroom condo units, with the remaining for being penthouse residences. Condo prices or monthly fees may vary with size and features.
Residents of Reaches enjoy a 24-hour staffed security gate, with a call box at the lobby entrance. Amenities of Reaches include 1-acre pool deck housing a large heated pool, garage parking, racquetball room, owners’ lounge, private beach access, tennis courts (sheltered), billiards, shuffleboard courts, fitness facilities, library, social room, spa, and much more. At Reaches, rentals for condos are allowed once annually, with a 90-day minimum and 1-year maximum, renewal allowed. The pet policy for Reaches favors owners more than tenants. While a tenant is not allowed to bring pets, owners can have one pet, provided it is 10 pounds and below in weight.