Off-Market Property at 332 4th St, Atlantic Beach, FL, 32233

332 4th St, Atlantic Beach, FL, 32233

$3,750,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $575 per day and long-term for an average of $7,000 per month, based on similar listings in the area. Estimated short-term cap rate of -3.1%. Estimated long-term cap rate of -4.8%. Truly one of the most well-appointed homes in Atlantic Beach. Perfect, a blend of charm and elegance with everything a buyer wants. A beautiful custom pool and guest house too! From the moment you enter the double 8' glass front doors into a stunning 2 story foyer you see the difference. Gorgeous wide plank, white oak floors throughout, extensive shiplap walls, volume, vaulted & Cathedral ceilings. Open and very livable floorplan. 1st floor features a large great room with gas fireplace, true cooks' kitchen with quartz counters, white custom cabinets, 6 burner gas cooktop and other high-end appliances. There is also a cozy den with a built-in entertainment center with a tv that can be hidden by barn doors. Separate dining room with exposed beam ceiling accent and custom drapes. Side entrance with drop zone and downstairs laundry room The gleaming wood staircase to 2nd floor features a luxurious primary suite with tongue & groove ceiling, See more lavish bath with floating vanity, vessel sink, tile wall, soaking tub, and marble tile shower. 3 other oversized bedrooms, one is an en-suite, 2 have cathedral ceilings. Also, a second-floor large laundry room. Plantation shutters entre 2nd floor. Full attic for plenty of storage. The covered lanai with privacy screens and built in grill and the backyard features an upgraded pool with sun shelf, hot tub, fire pit area, outside shower and artificial turf and absolutely wonderful 1 bedroom quest cottage make this the perfect home for many!! Just a short stroll to the ocean, town center, parks, A rated elementary school and a bikes ride to ABCC.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$26113
Bedrooms
5
Bathrooms
5
SQFT
3,889
Furnished
unknown
Year built
2020
Listing Status
Off Market
MLS
2016768

Short-term Rental Potential
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$149,088

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$964

Price/SQFT

Long-term Rental Potential
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$84,000

Revenue
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Profit
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Cap rate
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Cash on Cash
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$7,000/mo

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