Ocean Harbour Apartments & AirBnb
Beachside Multifamily & Airbnb | 32 Units | 7% Cap
Marketing description
Ocean Harbour Rentals is a 32-unit beachside multifamily portfolio ideally situated at 1029–1031 Park Drive in Indian Harbour Beach, Florida, just steps from the Atlantic Ocean. The property is comprised of 16 fully furnished short-term Airbnb units and 16 long-term rental apartments, offering investors a rare opportunity to capture both stable cash flow and high
seasonal upside in one of the Space Coast’s most desirable coastal submarkets. Each unit has been tastefully updated with modern interiors, turnkey furnishings, and professional management systems in place, allowing for seamless operation and immediate income. Located minutes from Patrick Space Force Base, major employers, shopping, and dining, Ocean Harbour Rentals combines prime location, diversified income, and proven performance.
Investment highlights
Prime Beachside Location – Situated just steps from the Atlantic Ocean in the highly desirable Indian Harbour Beach submarket, one of Brevard County’s most sought-after coastal communities. Proximity to beaches, shopping, dining, and Patrick Space Force Base drives strong rental demand year-round.
Diverse Rental Income Stream – Property consists of both long-term and short-term rental units, providing flexibility and income stability. 16 units operate as a licensed short-term rental with strong occupancy and premium nightly rates, while the other 16 offer consistent long-term tenancy.
Turnkey, Renovated Units – Each unit features updated interiors, modern kitchens, and coastal design finishes ideal for both permanent residents and vacationers. The property is well-maintained and ready for immediate operation under new ownership.
Ample Parking & Beachside Amenities – On-site parking for tenants and guests, plus close access to public beach access and parks.
High-Growth Coastal Market – Indian Harbour Beach continues to see appreciation driven by limited inventory and growing demand from relocating professionals and retirees seeking a safe, high-quality lifestyle on Florida’s Space Coast.
Attractive Returns & Management Flexibility – With half short-term and half long-term rentals, investors can optimize performance by adjusting rental mix based on market conditions—offering both stable income and upside potential.
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