JAY D'ABRAMO
BEDS2
BATHS
SQUARE FEET720
MLS#TB8478077
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONINDIAN ROCK SOUTH SHORE
Property Description
Cozy 2-Unit Beach Cottage! This is an incredible investment opportunity that comes fully furnished and turn-key. You can enjoy absentee ownership with a property manager living next door to handle all responsibilities, including all communication with guests and overall management of the two units. Seller spends an average of 1 hour per month on this investment. The cottage has a fantastic track record on Airbnb, boasting a 4.85 out of 5-star rating from more than 700 reviews. Both units are close to 100% rented through July and are filling up quickly for the rest of the year, meaning you can start receiving income the very day you close. The cottage is ideally situated only steps from Indian Shores beach. Plus, conveniently located just across the street is a Coffee shop; a Beach store; Bike and scooter rental; other shops; a Bar and Restaurant with a trolley stop and pedestrian crosswalk about 50 feet away. The units are consistently kept modern and up-to-date. The cottage has been generating income for several years. The average gross revenue for the most recent years is over $90,000 annually, providing a higher than 6% CAP rate. Contact the agent/owner for further details and links to the Airbnb listings. The longtime property manager is also interested in continuing with the new owner, which is a huge plus! Enjoy the beautiful Gulf beaches-just steps away from the sand and the Gulf of Mexico, with plenty of restaurants and shopping nearby. It's a perfect spot and a great investment!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Heating: Electric, Heat Pump
Lot Size: 0.04 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $5,602
Year Built: 1947
Amenities
Ceiling Fans(s)
Open Floorplan
Stone Counters
Fence
Lighting
Feature Descriptions
Annual Net Income: 49500.00
Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Community Features: Street Lights
Days on Site: 11
Directions: Park Blvd and Gulf Blvd, north on Gulf Blvd to the property on your left at dead end side street.
Exterior: Frame, Wood Siding
Flood Zone Code: AE
Flooring: Ceramic Tile, Vinyl
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot: Flood Insurance Required, FloodZone, Paved
Lot Dimensions: 0.04
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Patio/Porch: Front Porch, Patio, Rear Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent
Special Sale Provisions: None
Special View Info: Water
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Water Access: Beach
Water Access Y/N: Yes
Water View: Beach, Gulf/Ocean - Partial
Windows: Blinds
Local Schools
High School: Seminole High-PN
Middle School: Seminole Middle-PN
Elementary School: Bauder Elementary-PN
Listed By / Shown By
Listed By
Agency Name: RE/MAX ALLIANCE GROUP
Agency Contact: 813-259-0000
Shown By
Agent Name: Jay D'Abramo
Agent Phone: (813) 210-7333
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 2,397.55 per month $1,707.01 Principal & Interest $466.83 Property Tax $223.71 Homeowner's InsuranceChange Payment Information
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19652 Gulf Boulevard | MLS# TB8478077
This multi-family property located at 19652 Gulf Boulevard, Indian Shores, FL 33785 is currently listed for sale with an asking price of $767,000. Search Indian Shores real estate on www.jaydabramo.com today.