Sergina Betancur - Coldwell Banker Ackley
607 N Ocean Shore Boulevard
FLAGLER BEACH, FL 32136

Description

Excellent Income Property with an oceanview! Great Opportunity to increase revenue using Airbnb/VRBO. Property can generate $144K gross at $100 avg p/night with 80% occupancy. Rents will go as high as $300 p/night during Daytona Bike week. Potential to generate 12-15% net return on investment as a nightly rental. 5 separate electric meters for monthly rental. Tons of upside and appreciation potential. 40 minutes away from St. Johns county, the second wealthiest in the state. Don't miss this one! Easy access, currently 4 out of 5 units vacant.

Details

MLS#N6102305
Sub-TypeResale
StatusActive
Year1980
Days On Site68

Features

SQ Feet1,836
Units5
Building(s)1

Market Activity 32136

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Area Information

StateFL
CountyFlagler
CityFLAGLER BEACH
Zip Code32136
Area32136 - Flagler Beach
Listing VS Median (in 32136)
Price:
$475,000
low | high
Med:
$475,000
50% of Average
SqFt:
1,836
low | high
Med:
1,836
50% of Average
$ / SqFt:
$259
low | high
Med:
$259
50% of Average
On Site:
68
low | high
Med:
68
100% of Average
Listing Updated: 12/14/2018
MLS Number: N6102305
Listing Provided By:
JimmyV Villarroel  of  REALPRO INC

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