Additional Details

• Important Details: --> Turnkey Airbnb! --> Zoned for short-term rentals --> 2/1 Bungalow in Butler Beach!
• Features: Turnkey Airbnb pure play! This property has been functioning as a successful Located on Anastasia Island in desirable Butler Beach neigbhorhood! Zoned for short-term rentals and no HOA! Airbnb Bookings/payout confirmations available for the last 12 months upon request (the past few months have had medium-term bookings that have kept the property fully rented). Don't miss out on this one!
• Potential ARV: $450,000 - $500,000
• Rehab Description: For an Airbnb, this needs little to no work! Optionally, update the kitchen appliances or add trim/fixtures/creature comforts to taste. Metal roof, LVP flooring, windows, and and walk-in shower were all updated in the last 2 years. Central HVAC was inspected and repaired 6 months ago.
• Ideal Investment Strategy: Rental/Resale
• Estimated Rehab: $2,000 - $10,000
• Comparable Rent: $215/nightly short-term rental
• Construction: Frame
• Comp 1: 5489 3rd St, Saint Augustine, FL 32080 (2/1, 840 sqft) SOLD $630k in SEPT 2022 (1960 build, cbs, carport, Airbnb)
• Comp 2: 243 Majorca Rd, Saint Augustine, FL 32080 (3/3, 864 sqft) SOLD $450k (1986 build, unfinished first floor w/ garage, dated 2/1 upstairs)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab