Off-Market Property at 111 Biscayne Ave, Tampa, FL 33606
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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 $320 per day and long-term for an average of $3,048 per month, based on similar listings in the area. Estimated short-term cap rate of 1.6%. Estimated long-term cap rate of -2.8%. Davis Island presents a rare opportunity for island lifestyle enthusiasts. This three-bedroom, two-bathroom home on a corner lot is being sold 'As-Is' following Hurricane Helene-related flooding. Centrally located and surrounded by newer properties, this residence is a valuable find. Take advantage of its attractive pricing.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$9493
Bedrooms
3
Bathrooms
2
SQFT
1,206
Furnished
N/A
Year built
1955
Listing Status
Off Market
MLS
TB8321952

Short-term Rental Potential
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$70,128

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$632

Price/SQFT

Long-term Rental Potential
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$36,576

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,048/mo

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