Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $283 per day and long-term for an average of $4,500 per month, based on similar listings in the area. Estimated short-term cap rate of 0.2%. Estimated long-term cap rate of -2.0%. South Facing! Endless Ocean views! Located ON THE BEACH. Fantastic split bedroom layout takes advantage of the unit’s ample size (1,520 sq ft). Spacious rooms, large closets, continuous tile throughout. Open Balcony to take in the views & enjoy the wonderful SoFlo weather. Dedicated In-Unit laundry room w/full size Washer/Dryer. A/C 2023, H2O Heater 2023 & Washer/Dryer 2023. Financially solid, well managed building. Fee paid $3,025/QTR - incl high speed internet/premium cable, 24/7 security, fully staffed self-managed building, 1 assigned in-garage space, ample guest parking. Rentals OK after 2nd year then once/yr 60day min. Also included - BBQ patio, heated pool, hot tub, sauna, exercise room, oceanfront clubhouse w/kitchen, billiards, ping pong, bocce, bike parking.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $1008 |
Rental Policy | daily |
Yearly Taxes | $7074 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 1,520 |
Furnished | unknown |
Year built | 1980 |
Listing Status | Off Market |
MLS | F10427946 |
