Description
Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $328 per day and long-term for an average of $4,040 per month, based on similar listings in the area. Estimated short-term cap rate of -0.8%. Estimated long-term cap rate of -5.3%. Experience luxurious beachfront living in this exquisite 2-bedroom, 2-bathroom co-op located on Hillsboro Mile Beach.The impeccably maintained building with just 21 units has just completed a $1.2M concrete restoration and upgrades and has passed it’s 40 year and 10 year Safety and Structural Certifications. This stunning residence boasts modern amenities, including an induction cooktop with a cool surface, tankless hot water for on-demand convenience, and a high-end Miele dishwasher. The living room features a unique couch that transforms into a king-size bed, providing versatility and comfort for guests. This co-op comes partially furnished by Design Within Reach, offering convenience and style. Don't miss this rare opportunity to own a slice of paradise on Hillsboro Mile Beach!
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $3232 |
Rental Policy | daily |
Yearly Taxes | $4882 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,000 |
Furnished | unknown |
Year built | 1956 |
Listing Status | Off Market |
MLS | A11552600 |
