Off-Market Property at 14376 Pelican Bay Ct, Atlantic Beach, FL, 32224

14376 Pelican Bay Ct, Atlantic Beach, FL, 32224

$424,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $194 per day and long-term for an average of $2,994 per month, based on similar listings in the area. Estimated short-term cap rate of 1.2%. Estimated long-term cap rate of -0.5%. Desirable Pelican Bay, 3 bedroom 2.5 bath, attached home in Intracoastal area on quiet dead end street. Wood floors downstairs & tiled kitchen. Great room opens to cozy, screened porch overlooking private wooded area. Primary suite downstairs with large walk in closet, tub & separate shower. Upstairs has 2 bedrooms and full bath. Townhouses attached at back storage area. Great location convenient to restaurants and shopping.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$462
Rental Policy
daily
Yearly Taxes
$5552
Bedrooms
3
Bathrooms
3
SQFT
1,615
Furnished
unknown
Year built
1997
Listing Status
Off Market
MLS
2001271

Short-term Rental Potential
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$43,452

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$263

Price/SQFT

Long-term Rental Potential
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$35,928

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,994/mo

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