Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $188 per day and long-term for an average of $2,175 per month, based on similar listings in the area. Estimated short-term cap rate of 4.7%. Estimated long-term cap rate of -0.6%. PRIME investor opportunity w/ endless possibilities. Corner lot with lot size just under a quarter of an acre, no HOA, plenty of space for parking, NO city parking regulations for an RV/boat/trailer, AND zoning permits for an accessory dwelling unit (addition can be attached or a freestanding unit). The property is only a few minutes away from several beaches, fishing piers, family attractions, nightlife and entertainment, making it an ideal use for Airbnb, vacation or short-term rental. Property needs a few repairs and some TLC. Priced accordingly. Upgrades in 2021: impact doors/windows, flooring, kitchen, appliances, tankless hot water heater, white vinyl fence, 14X10 shed Mini split 2016, Roof replaced in 2020. Currently tenant occupied. No showings between 2-5pm on weekdays.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $5312 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 620 |
Furnished | unknown |
Year built | 1956 |
Listing Status | Off Market |
MLS | F10426535 |
