Off-Market Property at 310 Pine St, Atlantic Beach, FL, 32266

310 Pine St, Atlantic Beach, FL, 32266

$1,700,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $410 per day and long-term for an average of $7,750 per month, based on similar listings in the area. Estimated short-term cap rate of -1.8%. Estimated long-term cap rate of -1.7%. COASTAL BEACH HOME IS JUST STEPS TO THE OCEAN AND ONLY A QUICK WALK OR BIKE RIDE TO BEACHES TOWN CENTER with boutique shops & variety of dining spots. Built in 2019, the home showcases a well designed floorplan, boasting10-foot ceilings on 1st level & 9-foot ceilings upstairs, enhanced by plantation shutters and a fresh interior aesthetic. From the foyer, you are greeted by wood-look plank tile flooring, a neutral color palette, & an inviting open-concept layout. The chef's Kitchen, features white cabinetry, a spacious island, quartzite countertops, & Bosch appliances. A Butler's Pantry has a beverage chiller and a prep sink. From the Kitchen, sliding doors open to a Fenced Yard, with a travertine patio, an inviting covered seating area, & an outdoor shower. 1st level also includes a Guest Suite with a Full Bath, a Half Bath, and storage under the stairs. On the 2nd level, Owner's Suite has an opulent bathroom with dual sink vanity, walk-in shower, and free-standing tub. Also, on 2nd level are 2 additional Guest Bedrooms, a Full Bathroom, Laundry Room with sink & folding area and an expansive Bonus Room with access to a charming balcony. Completing this coastal home is a spacious two-car Tandem Garage, providing ample storage and practicality. Wired for Electric Vehicle charger in garage.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$13783
Bedrooms
4
Bathrooms
4
SQFT
2,929
Furnished
unknown
Year built
2019
Listing Status
Off Market
MLS
2002851

Short-term Rental Potential
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$91,080

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$580

Price/SQFT

Long-term Rental Potential
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$93,000

Revenue
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Cap rate
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Cash on Cash
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$7,750/mo

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