2301 S 5th St, Austin, TX 78704

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $467 per day and long-term for an average of $4,108 per month, based on similar listings in the area. Estimated short-term cap rate of 2.0%. Estimated long-term cap rate of -3.5%. Experience the epitome of city living in this contemporary luxury condo, conveniently situated near downtown and mere blocks away from SoCo. Spanning four stories, this modern marvel boasts three bedrooms, three and one-half baths, an inviting outdoor patio, an open-concept kitchen and living area, a sleek wet bar, ample closet space, and a rooftop deck that exudes cool sophistication. Urban living at its finest is embodied by concrete floors, tall ceilings, expansive windows inviting natural light and captivating views, and a breathtaking rooftop patio offering panoramic city vistas. The third level hosts two bedrooms, while the smaller third bedroom on the ground floor is ideal for an office or media room, complete with a charming adjacent patio. Meticulously designed with polished concrete, structural steel, upgraded cabinets, bespoke wall coverings, white subway tile, quartz countertops, stainless appliances, and European fixtures. Beyond its stunning design, this home is built for efficiency, featuring thick concrete walls that provide exceptional insulation and rooftop solar panels that generate solar credits for the owner, significantly reducing utility costs. Indulge in the condo's private pool, hot tub, outdoor grille, and community garden. Immerse yourself in contemporary luxury with all the amenities for a seamless urban lifestyle. ***The larger HVAC system that services the bottom 2 floors was replaced summer of 2024, and the smaller HVAC system that services the top will be replaced on 3/25/2025.