Off-Market Property at 3911 Coastal Cove Cir, Atlantic Beach, FL, 32224
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3911 Coastal Cove Cir, 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 $209 per day and long-term for an average of $3,798 per month, based on similar listings in the area. Estimated short-term cap rate of 1.0%. Estimated long-term cap rate of -0.1%. Sunny and spacious, this 3-bedroom, 2.5-bathroom beach-style home is beautifully situated in the sought-after Coastal Cove neighborhood. Excellent Charter and Public schools, the town center, restaurants, and the beach conveniently located just a short drive away. This home is nestled in a friendly and quiet neighborhood, making it an ideal choice for families and professionals. The custom glass door with sidelight leads into an amazing living area. The kitchen features granite countertops, gleaming appliances, walk-in pantry and a large island with seating for casual dining, studying, or a little working from home. The dining area overlooks the backyard. Wood-look tile flooring downstairs and in the baths. Upstairs flex space could be used and a den, study/office, or exercise room. The split bedroom arrangement provides additional privacy. The primary bedroom has double closets. Plenty of room for two in the bathroom with double vanities, corner garden tub, and separate shower. Enjoy your backyard on the screened porch in the summer and at the fire pit in the winter. Stainless steel kitchen appliances (range/oven, microwave, dishwasher, and French door refrigerator), washer and dryer, and whole-home water softener. Two thermostats for energy saving. Newer carpet upstairs with a plush pad.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$460
Rental Policy
daily
Yearly Taxes
$7064
Bedrooms
3
Bathrooms
3
SQFT
2,146
Furnished
unknown
Year built
2018
Listing Status
Off Market
MLS
2013164

Short-term Rental Potential
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$51,216

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$244

Price/SQFT

Long-term Rental Potential
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$45,576

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,798/mo

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