Off-Market Property at 325 8th St, Atlantic Beach, FL, 32233

325 8th St, Atlantic Beach, FL, 32233

$1,175,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $319 per day and long-term for an average of $2,207 per month, based on similar listings in the area. Estimated short-term cap rate of -1.3%. Estimated long-term cap rate of -5.0%. Welcome to your coastal oasis in the highly sought-after Atlantic Beach community! This charming 3-bedroom, 2-bathroom single-family residence offers the perfect blend of beachside serenity and vibrant local culture. Nestled on a generous 50X130 lot, you're just a leisurely stroll away from the sun-kissed shores, picturesque parks, and an array of dining options that will tantalize your taste buds. The nearby Beaches Town Center is a hub of activity, ensuring that entertainment and conveniences are always at your fingertips. Whether you're looking to put your personal touch on this concrete block home through renovation, or have visions of constructing your custom dream home, the possibilities are endless. The ample lot size offers plenty of space for outdoor living and entertaining, making it an ideal setting for creating lasting memories. Don't miss the opportunity to own a slice of paradise in this prime location!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$9707
Bedrooms
3
Bathrooms
2
SQFT
1,200
Furnished
unknown
Year built
1971
Listing Status
Off Market
MLS
2013692

Short-term Rental Potential
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$69,060

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$979

Price/SQFT

Long-term Rental Potential
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$26,484

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,207/mo

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