Act now on this LOWEST PRICED 4 BR GULF FRONT TOWNHOME w/ $108,680 ANNUAL PROJ RENTAL INCOME! Earn an est $38,572 NET income after expenses or 23% Return on cash w/financed purchase or an est $79,876 NET income or 9.7% ROI w/cash purchase. Although 2019 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of income in March & April & WITHOUT 4 weeks personal use in summer. Offering an open floor plan, this renovated beach Home delivers stunning Gulf views from almost every room. White shiplap walls & LVP floors provide a beachy feel. Perfectly furnished & configured to comfortably sleep 16, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs if purchased for a 2nd/Beach Home.Other features include beautiful kitchen w/granite counters & SS appliances, updated baths, NO HOA fees & corner location w/NO shared wall on right. in the heart of Miramar beach, this beach home is close to restaurants, shopping & golf. Act now as this Gulf front Home won't last long. .....Although 2018 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of rental income in March & April AND WITHOUT 4 weeks of personal use in June thru Aug. Consequently, if these weeks would have been rented, property would have generated OVER $101,000.
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Listing Courtesy Of RE/MAX Coastal Properties. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.
Listing information last updated on June 4th, 2020 at 1:23am CDT.