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$423,000
4 Beds 2 Baths Leisure Beach SubDv. 34667 Zip Code
Amazing investment opportunity for the savvy buyer! This adorable duplex is fully set up and operating as a mid-term rental for traveling professionals, snow birds, and those needing temporary housing. Each unit has maintained an 88% occupancy rating since first listing in September '21, renting at an average of $2,750/mo EACH. Annual gross rent = $66,000 / Annual Expenses = $19,000 / Annual Net Total = $47,000. That's an 11% cap rate! Sitting on a tidal water canal with a floating dock, you can access the Gulf by boat, jet ski, kayak, or SUP in no time! Guests love to fish off the dock and spot the occasional dolphin or manatee swimming by. Furnished with a coastal theme, all the decorations, furniture, linens, dishes, etc will convey with the sale. The home is in great shape with the roof only 5 years old and the inside/outside recently repainted. Each unit has 2 bedrooms, 1 bathroom with a lanai and stackable washer/dryer. There is literally nothing to do except buy and start making money! The large parking pad fits 4 vehicles comfortably. No HOA but owners have the option of being a member of the Leisure Beach Civic Association for a low $50/year. Leisure Beach is a wonderful community with annual cook offs, a Christmas Boat Parade, and regular community events. Per Pasco County regulations, renting for less than 30 days is not currently allowed but there is a huge demand for mid-stay renting! Property is currently advertised across all major platforms with excellent ratings. Many bookings come direct or by word of mouth. This is a great property for anyone just starting in the vacation rental business or someone looking to add to their portfolio. Property qualifies for FHA and VA as well! Live in one side and rent the other out! Already booked at 60% occupancy through Feb '24, buyer can keep these bookings! Operating expenses, booking records, survey, elevation certificate, and 4 point report from 2 years ago available upon request. Both sides are currently occupied, please do not disturb the guests. Video tour available as well.

12609 & 12611 1st Isle, Hudson

$250,000
9 Beds 6 Baths Bayonet Point Annex SubDv. 34667 Zip Code
Welcome to an exceptional investment opportunity that combines convenience and profit in one package. Nestled in a prime location, this income-producing property boasts four well-maintained mobile homes, each currently occupied by reliable tenants. Situated conveniently near shopping centers, schools, and stunning local beaches, this property offers not only a steady income stream but also an attractive lifestyle for both residents and investors. This property includes a total of four mobile homes on a .16-acre lot. The property utilizes a shared well system, meticulously maintained and inspected every three months. With a flawless record, the well system ensures a consistent and reliable water supply for all units. Each mobile home on the property features a distinct layout, catering to a variety of tenant preferences. The range of sizes and bedroom/bathroom configurations accommodates different family sizes and living arrangements. Unit 7130 Edna: Built in 1970, this home offers 2 bedrooms and 2 bathrooms Unit 7134 Edna: Constructed in 1973, this unit boasts 3 bedrooms and 1 3/4 bathrooms. Unit 7140 Edna: Erected in 1985, this mobile home features 2 bedrooms and 1 1/2 bathrooms Unit 7200 Edna: Established in 1990, this home offers 2 bedrooms and 1 3/4 bathrooms. Positioned strategically in a sought-after area, this property provides easy access to essential amenities. Residents will appreciate the short distance to shopping centers for everyday needs, reputable schools for education, and pristine local beaches for relaxation and recreation. For those who appreciate convenient travel options, this property is a mere 45-minute drive away from both Tampa and St. Pete airports. This proximity not only facilitates easy travel for the residents but also enhances the property's appeal to potential tenants. The allure of coastal living is right at your doorstep. With nearby beaches, residents can unwind on sandy shores, enjoy water activities, and relish breathtaking sunsets—all while maintaining the convenience of a well-connected location. This property's existing tenant base ensures a consistent and reliable rental income from day one. The established occupancy rates speak to the desirability of the location and the quality of the homes, making it an enticing prospect for investors looking to grow their portfolios. Most units feature both front and rear decks or patios, providing residents with outdoor spaces to relax, entertain, and enjoy the pleasant surroundings. Investors seeking a turnkey income source will find this property to be an excellent addition to their portfolio. With a proven track record of tenant satisfaction, the convenience of nearby amenities, and the potential for increased rents, the value of this investment is evident. Whether you're a seasoned investor or someone looking to venture into real estate, this property offers the chance to capitalize on a thriving rental market while providing residents with a comfortable and convenient living experience. Don't miss out on this unique investment opportunity! Contact us today to arrange a viewing and secure your foothold in this prosperous real estate venture.

7134 Edna Avenue, Hudson

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