Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $358 per day and long-term for an average of $3,095 per month, based on similar listings in the area. Estimated short-term cap rate of -1.3%. Estimated long-term cap rate of -4.7%. Discover oceanfront elegance at Pelican Point Condominiums. This 13th-floor, rarely-available, south-end unit offers panoramic ocean views with a spacious wrap-around balcony for an incredible beachfront experience. Newly installed windows and doors enhance the serene atmosphere, complemented by modern appliances for comfort and convenience. Included with this unit are two designated parking spaces: one conveniently covered within the garage and another situated outside, in close proximity to the building entrance. The monthly HOA fee is competitively priced, covering a range of services for hassle-free living. Residents enjoy access to the club amenities including a private boardwalk, tennis courts, swimming pool, fitness center, sauna, kitchen, and indoor/outdoor social areas. This condo is a perfect blend of luxury and leisure, ideally located near top attractions for dining, entertainment, and water sports. Experience the joy of coastal living with every day feeling like a vacation.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $895 |
Rental Policy | daily |
Yearly Taxes | $8220 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,518 |
Furnished | unknown |
Year built | 1982 |
Listing Status | Off Market |
MLS | 2015633 |
