Off-Market Condo at 2600 SE Ocean Blvd, Stuart, FL 34996
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2600 SE Ocean Blvd, Stuart, FL 34996

Unit - #AA8

$179,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $139 per day and long-term for an average of $1,871 per month, based on similar listings in the area. Estimated short-term cap rate of 10.6%. Estimated long-term cap rate of 5.1%. Welcome to this beautifully updated two-bedroom, two-bathroom condo in the desirable 55+ community of Vista Pines. This corner unit features new tile flooring, including the oversized, screened-in balcony/porch. The interiors have been freshly painted, & the adorable kitchen boasts granite countertops, a subway tile backsplash, & newer stainless-steel appliances. Additional upgrades include plantation shutters, room darkening blinds, all-new light fixtures, & a new air conditioning unit. Convenience is key with laundry facilities just steps from your door. The community offers a wealth of amenities within walking distance, such as a clubhouse, billiards room, fitness center, office, pool, & shuffleboard area. Vista Pines is ideally located just minutes from the beach, a short drive to downtown Stuart, and close to major highways, excellent restaurants, & fantastic shopping. Don't miss the opportunity to live in this vibrant & active community! (Some photos have been virtually staged)

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1857
Bedrooms
2
Bathrooms
2
SQFT
1,089
Furnished
N/A
Year built
1972
Listing Status
Off Market
MLS
M20046008

Short-term Rental Potential
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$32,220

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$164

Price/SQFT

Long-term Rental Potential
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$22,452

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,871/mo

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