19652 GULF BOULEVARD

Property Description

Under contract-accepting backup offers. Cozy 2-Unit Beach Cottage! This is an incredible investment opportunity that comes fully furnished and turn-key. You can enjoy absentee ownership with a property manager living next door to handle all responsibilities, including all communication with guests and overall management of the two units. Seller spends an average of 1 hour per month on this investment. The cottage has a fantastic track record on Airbnb, boasting a 4.8 out of 5-star rating from more than 600 reviews. Both units are fully booked for March and April and are filling up quickly for the rest of the year, meaning you can start receiving income the very day you close. The cottage is ideally situated only steps from the beach. Plus, conveniently located just across the street is a Coffee shop; a Beach store; Bike and scooter rental; other shops; a Bar and Restaurant with a trolley stop and pedestrian crosswalk just a hundred feet away. The units are consistently kept modern and up-to-date. The cottage has been generating income for several years. The average gross revenue for the last three years is $77,000 annually. The property is situated on higher ground than others in the area, experiencing minimal impact from Helene or Milton. Contact the agent for further details on income and links to the Airbnb listings. The longtime property manager is also interested in continuing with the new owner, which is a huge plus! Enjoy the beautiful Gulf beaches—just steps away from the sand and the Gulf of Mexico, with plenty of restaurants and shopping nearby. It's a perfect spot to relax and have fun!