Photo 1 of 46
$569,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
4.00 |
2,155 |
$5,365 |
1973 |
On the market:
1 day
|
Recent price change: $599,000 |
View full details, 15 photos, school info, and price history
SELLER MOTIVATED! HIGH & DRY! This fully renovated single-family home presents an exceptional investment opportunity, ideal for both primary residency and income generation. Designed to optimize rental income and build equity, this property features 5 bedrooms and 4 bathrooms within 2,155 sqft of living space. Its flexible layout allows for separation into one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath studios, each with its own kitchenette, split A/C unit, and private entrance. With a rental potential of $5,800 per month, this property offers an impressive 9% cap rate and a 12.33% cash-on-cash return with a 20% down payment. Conveniently located near US 19 and close to schools, shopping, and dining, it’s a valuable addition to any investment portfolio. New roof installed in 2023. Buyer to verify dimensions. Contact the listing agent for additional details.
Listing courtesy of Jessica Jimenez, BHHS FLORIDA PROPERTIES GROUP