Investment...location... Great investment opportunity with a legal airbnb permit in south point with a private pool and beach access with lounge chairs and umbrellas. The building, built as the first hotel in the area, has a grandfathered permit to rent daily, which presents an opportunity for 10%+ cap rate, combined with low monthly fees. Location is unbeatable; right in the coveted south point area within a short walk from all of the desired restaurants and bars, without ever needing a car. This is a part of an investment portfolio sale, please inquire about the other prime units in the building (132 and 239).
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael Cohen • E PRO Realty • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$900/ft²
$900/ft²
$1,100/ft²
$1,200/ft²
Unit #328 – Asking
$1,037/ft²
(-3%) from Closed Medium $/ft²
Closed Medium $/ft²
$1,067/ft²
Community $/Price Range (Closed) $1067/ft² – $1067/ft²
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