Off-Market Property at 205 South St, Atlantic Beach, FL, 32266
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205 South St, Atlantic Beach, FL, 32266

$1,375,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $222 per day and long-term for an average of $3,394 per month, based on similar listings in the area. Estimated short-term cap rate of -3.7%. Estimated long-term cap rate of -4.6%. Nestled just 1.5 blocks from the sand of coveted Neptune Beach, this charming coastal home offers the perfect blend of seaside tranquility and vibrant city living. This home is full of natural light, creating an inviting ambiance for relaxation and entertainment. The back patio is a great space for entertaining guests with a spa and pool, perfect for enjoying fresh seafood dinners or morning coffees amidst the salty air. Venture just a short bike ride away, and you'll find yourself at an array of incredible restaurants, bars, and boutiques, where you can indulge in mouthwatering cuisine, sip on handcrafted cocktails, and explore unique shops showcasing local art and treasures. Whether you're craving a leisurely brunch with ocean views or a lively night out with friends, the vibrant Neptune Beach/Atlantic Beach community has something for everyone just a short bike ride away.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$16667
Bedrooms
2
Bathrooms
2
SQFT
1,248
Furnished
unknown
Year built
2016
Listing Status
Off Market
MLS
2010332

Short-term Rental Potential
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$53,340

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1101

Price/SQFT

Long-term Rental Potential
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$40,728

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,394/mo

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