Off-Market Property at 3697 Summerlin LN E, Atlantic Beach, FL, 32224
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3697 Summerlin LN E, Atlantic Beach, FL, 32224

$267,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $166 per day and long-term for an average of $2,495 per month, based on similar listings in the area. Estimated short-term cap rate of 4.5%. Estimated long-term cap rate of 2.5%. Location, Location, Location! This beautiful townhome is light and bright, super clean and move-in ready! This TH has one of the best water views! Freshly painted and brand new carpet! Both bedrooms are upstairs, and each have ensuite bathrooms, shower tub combo and walk in closets. There is a half bath downstairs and a porch with tons of privacy in the back. GATED Wolf Creek has low monthly dues include community pool, gym, playground and yard maintenance. About 4 miles from the beach, with great schools and tons of shopping close by!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$235
Rental Policy
daily
Yearly Taxes
$3367
Bedrooms
2
Bathrooms
3
SQFT
1,078
Furnished
unknown
Year built
2005
Listing Status
Off Market
MLS
2008434

Short-term Rental Potential
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$35,208

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$247

Price/SQFT

Long-term Rental Potential
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$29,940

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,495/mo

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