303 NE Solida Circle
Property Description
Investor Special - Turnkey Co-Living / PadSplit Opportunity! Cash-flowing investment property currently operating as a successful co-living rental with a proven occupancy history. The property features 6 rentable bedrooms, 2 full bathrooms, plus a separate efficiency suite complete with its own kitchenette, private bathroom, entrance, and patio area, creating a total of 7 income-producing rooms. The property is currently 100% occupied and has consistently maintained 94-100% occupancy, providing stable and reliable cash flow. May gross revenue totaled $6,039, with an average monthly NOI of approximately $4,000-$5,000. All systems and operational processes are already in place, allowing a new owner to step in and begin generating income from day one. Included with the sale: -Single-family home configured for co-living operations -Transfer of active platform listings, guest reviews, and account setup (where permitted) -Complete operational package including house rules, communication templates, and turnover procedures -Existing vendor and maintenance contacts for seamless management transition This is a rare opportunity to acquire a fully operational, income-producing co-living asset with established occupancy, streamlined operations, and strong cash-flow potential. Projected cap rate: 9.08%.
Broker Details
United Realty Group Inc (954) 450-2000
MLS ID: 276625337 State License Number: 3474733
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $546,000 |
| No. of Units: | 2 |
| Year Built: | 1974 |
| Lot Size: | 2,128.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $273,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 0 |
ID: 3yd-RMLSFL-B26041270
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
2542 Hester Avenue SE, Unit 0
Palm Bay, Florida
419 3RD Avenue S
Lake Worth Beach, FloridaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout