Off-Market Property at 13937 Sound Overlook DR N, Atlantic Beach, FL, 32224

13937 Sound Overlook DR N, Atlantic Beach, FL, 32224

$575,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $329 per day and long-term for an average of $3,140 per month, based on similar listings in the area. Estimated short-term cap rate of 2.2%. Estimated long-term cap rate of -1.9%. Welcome Home! This well maintained 4 bedroom 3 bath home is ready for a new family to enjoy. Functional layout offers formal living and dining, spacious open kitchen, and split bedrooms. Gathering room offers plenty of windows with lots of natural light and a beautiful corner fireplace for use in chilly weather. 4th bedroom is located near owner's suite and could be used as a home office or nursery. Owner's suite features garden bath with separate tub and shower. Enjoy Florida living on the covered screened lanai overlooking fenced-in back yard. There is room for a future pool, and this floor plan already has a pool bath! Fantastic location off of San Pablo Rd near shopping, restaurants and the beach. Homes rarely come on the market in Marsh Sound. Don't miss out on this one!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$713
Rental Policy
daily
Yearly Taxes
$3566
Bedrooms
4
Bathrooms
3
SQFT
2,297
Furnished
unknown
Year built
1996
Listing Status
Off Market
MLS
2013477

Short-term Rental Potential
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$61,392

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$250

Price/SQFT

Long-term Rental Potential
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$37,680

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,140/mo

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