Off-Market Property at 14408 Pelican Bay Ct, Atlantic Beach, FL, 32224

14408 Pelican Bay Ct, Atlantic Beach, FL, 32224

$525,000

Description

Profitable 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 $2,569 per month, based on similar listings in the area. Estimated short-term cap rate of 1.1%. Estimated long-term cap rate of -2.5%. Welcome home to this adorable 3 bedroom 2 1/2 bath home located near a boater's dream: the beautiful intracoastal waterway.This adorable home was recently updated with luxury vinyl planks, fresh paint throughout, and a new master bath vanity.Enjoy entertaining in the open concept kitchen to family room layout. After a long day relax in the large screened in lanai as you watch all of the abundant FL wildlife in your very own backyard.This adorable community and street with only 48 homes in a short walk to the waterfront restaurant Marker 32, 2 miles to the Beach Boat Ramp, and 3 miles the Jacksonville Beach.HVAC 2020, Water Heater 2021, Roof 2014

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$462
Rental Policy
daily
Yearly Taxes
$4781
Bedrooms
3
Bathrooms
3
SQFT
1,597
Furnished
unknown
Year built
1998
Listing Status
Off Market
MLS
2011787

Short-term Rental Potential
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$49,848

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$328

Price/SQFT

Long-term Rental Potential
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$30,828

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,569/mo

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