Listed by Compass FL LLC, Compass Florida LLC
$1,740,000
2507 N Ocean Drive
Details
APN 142560300100002
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,958
Units 4
NOI $92,000
Year Built 1976
Stories 2
Acreage 0.320
Zoning HutchI
Multifamily | 4 Units
Marketing description
Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment—it's a chance to own a slice of paradise with strong financial returns.
Currently a high-demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5-minute walk to the breathtaking 10-mile stretch of Hutchinson Island beach.
Don't miss out on this proven income-generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment—it's a vacation paradise
Listing Contacts
Listed by Compass FL LLC, Compass Florida LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,000.00
$7,666.67/mo
Valuation Metrics
0
DSCR
5.29%
Cap Rate
5.29%
ROI
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