13326 1ST STREET E

Pinellas, MADEIRA BEACH

$ 529.900,00

Descrição

This Madeira Beach property features two licensed short-term rental units, just a 5-minute walk from the beach and close to John's Pass, offering easy access to dining, shopping, and entertainment. The 1-bedroom, 1-bath and 2-bedroom, 1-bath cottages are ready for finishing touches. Owner has already completed mold remediation and electrical. With a proven history of generating $80,000 in Gross Operating Income (GOI) and an average Net Operating Income (NOI) of $67,000, this property delivers strong income potential. The 5.0-star ratings and glowing reviews from past guests on Airbnb and Vrbo transfer to the new owner, ensuring continued success. Onsite parking adds convenience, and the current owner will share their established rental base, allowing the property to be ready to operate before the next season. This property offers a cap rate of approximately 12.6% for cash buyers and is an excellent opportunity to invest in a high-demand vacation rental market.

Informações

Detalhes do imóvel

Código do imóvel : TB8384120
Preço : $ 529.900,00
Área : 1213 Sq Ft
Área construída : 1267 Sq Ft
Ano da construção : 1938
Categoria do imóvel : Single Family Residence

Quartos : 3
Banheiros : 2
Garagem : Não informado
Disponível no mercado : 08/05/2025
Status do imóvel : Residential Active
Construção nova : Não

Informações adicionais

Aceita pets: No

Imposto anual: $ 5.927,45

Ano do imposto: 2024

Ar condicionado: Mini-Split Unit(s), Wall/Window Unit(s)

Aquecimento: None, Wall Units / Window Unit

Serviços de utilidade pública: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected