Off-Market Property at 1724 Waikiki Way, Tampa, FL 33619
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $186 per day and long-term for an average of $2,171 per month, based on similar listings in the area. Estimated short-term cap rate of 6.3%. Estimated long-term cap rate of 2.0%. Nestled in a serene tropical setting, this three bedroom, two bath, plus bonus-room home, is beautifully crafted and offers inviting views of the vibrant landscape. Designed with both style and durability in mind, this Mediterranean style block home has a metal roof and built in storm doors. This home also features expansive windows that seamlessly bring the outdoors in, allowing you to enjoy picturesque views from every room. This unique home offers inspiring opportunity for customization with a large building opposite to the sizable courtyard with three spaces that can be utilized for workshops, an art studio or a peaceful retreat. With plenty of storage and a built-in tool box this is a creative space for you to work on any projects you may have in mind. This home features new stucco interior walls, updated aluminum windows, an industrial style tube central heat/air, an outdoor shower and the property is completely fenced. Enjoy hanging out on your front or back screened-in porches, both of considerable size, while viewing lots of tropical fruit trees and listening to the incredible sounds of nature. This home has direct access to Tampa, Ybor City and is just minutes from Brandon with easy access to I-75. This is the perfect space for those who work from home or those looking for a harmonious blend of nature and quality craftsmanship.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1015
Bedrooms
3
Bathrooms
2
SQFT
1,256
Furnished
N/A
Year built
1959
Listing Status
Off Market
MLS
TB8319365

Short-term Rental Potential
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$39,084

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$238

Price/SQFT

Long-term Rental Potential
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$26,052

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,171/mo

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