Off-Market Condo: 2 at 901 Ocean Blvd, Atlantic Beach, FL, 32233

901 Ocean Blvd, Atlantic Beach, FL, 32233

- #2

$300,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $147 per day and long-term for an average of $3,500 per month, based on similar listings in the area. Estimated short-term cap rate of -0.6%. Estimated long-term cap rate of 5.0%. Rare Find! One of only 4 one-bedroom units on the entire property. This ground floor, poolside condo has been beautifully renovated to offer the ultimate in comfort & convenience. Upgrades include re-piping, HVAC, flooring, return air ducts, bead-board ceiling & paints. Inside, you'll find a cozy living room with a seating alcove perfect for relaxing evening. Step out onto the east-facing patio overlooking the sparkling pool to soak in the morning sun/afternoon sea breeze. Large bedroom fits a king bed, dresser & armoire. Assigned parking space. Washer/Dryer on site. Designed by William Morgan, Seaplace condo is a hidden gem in Atlantic Beach offering a tranquil retreat with new roof (2016), awnings & stairways (2017). Condo fees include water, pest control, insurance, landscape & pool maintenance. Nestled in a prime location, this condo provides easy access to the beach, local dining, shopping & entertainment, making it the perfect home for a coastal getaway. Owner financing avail. You're just a short bike ride away from the Beaches Town Center, a vibrant hub teeming with shops, restaurants, coffee shops, and lively nightlife. Embrace the allure of Atlantic Beach and experience all the wonderful things this beachside community has to offer.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$435
Rental Policy
daily
Yearly Taxes
$2670
Bedrooms
1
Bathrooms
1
SQFT
705
Furnished
unknown
Year built
1966
Listing Status
Off Market
MLS
2016419

Short-term Rental Potential
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$25,308

Revenue
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Profit
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Cap rate
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Cash on Cash
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$425

Price/SQFT

Long-term Rental Potential
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$42,000

Revenue
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$3,500/mo

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