Off-Market Property at 12042 Grasse St, Atlantic Beach, FL, 32224

12042 Grasse St, Atlantic Beach, FL, 32224

$349,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $207 per day and long-term for an average of $2,157 per month, based on similar listings in the area. Estimated short-term cap rate of 6.6%. Estimated long-term cap rate of 0.5%. Wonderful family home is ready for its next chapter. Walk through your new front door to cathedral ceilings with a dramatic staircase creating the best vibe. First floor includes living room, kitchen, primary bedroom and bath as well as a great sunroom with AC wall unit. Perfect for those hot Florida days. Second floor has two large bedrooms and one bath. Home is also equip with an extra parking pad for a boat, food truck or extra guests! The fenced in backyard Is perfect for large gatherings.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1787
Bedrooms
3
Bathrooms
2
SQFT
1,235
Furnished
unknown
Year built
1989
Listing Status
Off Market
MLS
2014928

Short-term Rental Potential
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$47,136

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$282

Price/SQFT

Long-term Rental Potential
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$25,884

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,157/mo

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