Photo 1 of 1
$1,335,000
Sold on 10/15/25
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 10 |
0.00 |
7,150 |
$13,060 |
1978 |
|
On the market:
189 days
|
View full details, photos, school info, and price history
Welcome to your Punta Paradise investment. We purchased this property in October 2022 when it had not been updated since its original construction. Property Performance: - Annual income Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 We conducted a comprehensive remodel of the entire property, including significant upgrades to each unit: Unit Upgrades: - New roofs - New windows - New doors - New tile floors - New bathroom vanities - New showers - New cabinets and countertops - New appliances - Updated artwork and furniture We also completely redesigned the landscaping throughout the property, transforming this once underperforming asset into an exceptional rental investment. Property Performance: - Annual income -Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 Property Details: - 11 units, each approximately 650 square feet All with 1 bedroom, 1 bath, livingroom, dining room, kitchen on the water. - Located on over 2.5 acres of waterfront property along Shell Creek - Amenities include docks, canoes, and kayaks for guests to enjoy fishing and scenery Operational Efficiency: The entire property is managed through Hostaway, a comprehensive software solution - Automatically adjusts pricing based on demand - - Generates unique door access codes for each stay This property represents a great investment with professional management and a cleaning crew to handle any potential issues, making it an great low-maintenance revenue generator
Listing courtesy of Steven Koleno, BEYCOME OF FLORIDA LLC
