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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $240 per day and long-term for an average of $5,821 per month, based on similar listings in the area. Estimated short-term cap rate of -5.3%. Estimated long-term cap rate of -4.7%. Stunning Meydenbauer Bay waterfront condo! Remodeled down to the studs in 2016 with no expense spared. Ground floor unit. Chef inspired kitchen with sleek custom white cabinetry, slab quartz counters & top of the line appliances including a Wolf gas range. Walk in pantry with marble counters. Spacious Great room is anchored by a gas fireplace & custom vertical grain fir cabinetry. Large picture windows frame the views. Sliding door to the expansive patio & lush lawn near the waters edge. Spacious primary; fireplace, 5 piece spa-like bath & huge walk in closet. Temperature controlled 700 bottle glass wine cellar. Gated entry & secured building. Pool. On-site manager. 2 secured pkg spaces. Rare private setting with unparalleled western views.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $1615 |
Rental Policy | daily |
Yearly Taxes | $9227 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,681 |
Furnished | N/A |
Year built | 1975 |
Listing Status | Off Market |
MLS | 2352983 |