location_onMADEIRA BEACH, FL 33708 · Pinellas County
Welcome to Gulf Gardens! This is a unique opportunity whether you're looking for a vacation home or an investment property. This ground floor unit is a stand-alone bungalow that not only provides privacy but has been completely updated and tastefully decorated. It is selling furnished/turnkey. Energy efficient appliances and new hurricane impact windows throughout. This is a small, quaint resort that has 18 units located directly across the street from the sugary sands of the Gulf of Mexico. This unit is conveniently located near numerous restaurants, local shops and the famous John's Pass Village. The complex boasts several on-site amenities including a heated pool surrounded by lush tropical gardens, a private parking lot, BBQ area and on-site laundry. Manage the vacation bookings yourself or have the on-site management team handle it for you. Rental pool charges 5% commission. If rental pool managements finds renters for you, 10% commission. Current owner has a super host rating from Airbnb with repeat clientele. Owner used unit for personal pleasure 25% of time. Rentals require 3-day minimum. At start of COVID, 2020 grossed $8K, 2021-$17K, 2022 - $32K & YTD 2023 over $24K. Season (Jan-April) 2024 is fully booked. No pets, no smoking.
Appliances
Flooring
Cooling
Heating
Construction
Roof
Parking
Pool
$62,000 down
Loan amount $248,000
Estimated monthly principal & interest
$1,568
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
CORCORAN REALTY LLC
321-446-0507
