Off-Market Property at 571 Camelia St, Atlantic Beach, FL, 32233

571 Camelia St, Atlantic Beach, FL, 32233

$400,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $272 per day and long-term for an average of $2,019 per month, based on similar listings in the area. Estimated short-term cap rate of 6.6%. Estimated long-term cap rate of -1.3%. YOU'VE FOUND IT! Your new Beach House in beautiful Atlantic Beach! This 3-bedroom, 2-bathroom home has been loved and well maintained by its current owner, and it shows. This house is Move in Ready! Feels larger than the just under 1200 square feet of living space, especially with the Sunroom located off rear of the home which leads to the fully fenced backyard with storage shed. The current owner says Camelia Street is a quiet Street. Watch beautiful sunsets from Tide Views Preserve which is only a few minutes' walk away from the house. This preserve has 2 separate floating docks (public access), multiple fishing docks, so bring your kayak's, paddle boards, and your fishing poles and enjoy all living close to the intracoastal has to offer! And for the beach experience, this home is just a short 10-15-minute bike ride to the waters edge, and all the restaurants and night life Atlantic Beach has to offer! Closing Cost Contribution and/or rate will be considered with desirable offer!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3743
Bedrooms
3
Bathrooms
2
SQFT
1,144
Furnished
unknown
Year built
1991
Listing Status
Off Market
MLS
2013463

Short-term Rental Potential
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$55,764

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$349

Price/SQFT

Long-term Rental Potential
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$24,228

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,019/mo

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