Description
Price reduced! Bring your offer before interest rates increase. With 10 parking spots, this house will not be impacted by Walton County's proposed occupancy restrictions based on parking. Amazing investment rental opportunity with many unique advantages which attract new bookings with premium pricing & creates a high rebook rate. One of the only homes on the market with a positive cash flow at the current list price. Over 334K on the books for 2022 (428K gross) despite no rentals for the first 10 weeks due to new pool install. More weeks to book. Projections of 426K for 2023 (528K Gross) with over 90K already on the books, of which 50% are repeat guests. Guests love the oversized heated pool and Jacuzzi installed in 2022.
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8BEDS
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0.31ACRES
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8BATHS
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11/2 BATHS
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4,224SQFT
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$851$/SQFT
School Information
Description
Price reduced! Bring your offer before interest rates increase. With 10 parking spots, this house will not be impacted by Walton County's proposed occupancy restrictions based on parking. Amazing investment rental opportunity with many unique advantages which attract new bookings with premium pricing & creates a high rebook rate. One of the only homes on the market with a positive cash flow at the current list price. Over 334K on the books for 2022 (428K gross) despite no rentals for the first 10 weeks due to new pool install. More weeks to book. Projections of 426K for 2023 (528K Gross) with over 90K already on the books, of which 50% are repeat guests. Guests love the oversized heated pool and Jacuzzi installed in 2022.
© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2022-12-03T23:59:33.63.
Vendor Member #28178.