Consider this: You purchase a very well maintained, concrete block building right across from the Gulf of Mexico. The building itself is priceless due to the lack of commercial opportunities on a beach with a rapidly growing tourist population. Then, you add three income streams which produce, on average, approximately $100,000 a year with potential for growth. The building currently holds a property management company which has been in place for over 5 years and intends to stay. Additionally, there are two gorgeous, well equipped short term rental properties which are turn-key. Either keep what's there or rearrange for your personal business and living opportunity. The options are limitless in this well-maintained building.
Investment Potential:
Individually the short term units would sell for approximately $300,000 each based on current market data. Projections place the potential income for each between $40,000-$45,000 a year, a significant return on investment. Additionally, the fully leased office space on the first floor provides income stability year-round. The current tenants have leased the space from the current owners for 5 years and currently pay $5,000 a month.
Whether you're an experienced investor or a first-time buyer, this property promises a solid return on investment and endless possibilities for future growth.
First Floor Office Space:
Currently leased by a reputable property management company. The space is well-appointed and professionally designed to meet the needs of modern businesses. Offers a spacious layout, ideal for various commercial purposes. Stable rental income stream provides stability and security for investors. Laundry equipment does not convey.
Two Remodeled 1 Bedroom Short or LongTerm Rental Units:
Two beautifully renovated units on the top floor, each featuring one bedroom, one bathroom, in-unit laundry and storage.
Designed with a focus on comfort, style, and functionality. Boasts breathtaking views of the surrounding landscape and easy beach access. Fully furnished and equipped with modern amenities to ensure a memorable stay for guests. Exceptional rental history, with high occupancy rates and positive guest reviews.
Schedule your private viewing today and unlock the door to endless investment opportunities.