Listed by Marlin Realty Group
$4,500,000
Organic Beach Retreat
Details
Property Type Multifamily, Hospitality
Sub Type Hotel
Keys 8
Occupancy 70%
Pro-Forma Cap Rate 8.84%
Pro-Forma NOI $397,600
Class A
Buildings 3
Stories 2
Lot Size (SqFt) 17,248
Investment Type Owner/User
Luxury Resort Property with great income., ideal to live at part or full time
Marketing description
Oceanfront Luxury Resort…This is it! No other property in the area this nice and unique. (Google Reviews 4.9) Live on property either full time or part time as this vacation upscale resort property has great Rental income from upper scale guests. The accommodations includes 6 separate residences on property with the main entire top floor on the oceanfront building to the south of the property (ideal for owners residence) having the option of 2 separate additional accommodations if so desired for larger families. Ideal for Weddings and family reunions. This would be an ideal Bed & Breakfast as well or a huge family compound with rental income. go to organicbeachretreat.com for more pictures and info.
Listing Contacts
Listed by Marlin Realty Group
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