Active

$8,650,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 15476 sq ft
Overview
  • ID: MFRTB8414494
  • Bedrooms:
  • Bathrooms: 0
  • Size: 15476 sq ft
Property Details
Remarks
This exceptional 2-building complex offers a rare opportunity for investors seeking immediate income. Building 1 was renovated between 2020-2022, while Building 2 is new construction completed in 2025. Together, they house 16 fully furnished units—12 are 2-bedroom, 2-bath units and 4 are 3-bedroom, 2-bath units—all operating as short-term rentals and generating strong, consistent cash flow. Professionally designed, Building 2 combines style and functionality to boost rental profits. The property features its own resort-style, heated pool, creating a standout amenity that attracts guests and drives rental demand. Included in the sales price are the land, buildings, and the fully operating short-term rental business, making this a complete turnkey package. Being sold As-Is, fully furnished and ready for a buyer to step in and continue generating income from day one. While it is already performing exceptionally well, there is significant potential to increase revenue further through additional design upgrades and amenity enhancements. Perfect for investors looking for a high-demand, turnkey income property, this complex combines modern upgrades, a strong rental history, a prime location, and a stunning resort-style pool. Don’t miss this unique investment opportunity!
Financial Considerations
Price:
$8,650,000
HOA Fee:
N/A
Tax Amount:
$14926.16
Price per SqFt:
$547.05
Tax Legal Description:
(1) CEDAR RUN CONDOMINIUM PHASE I, RECORDED IN CB 18 PGS 136 THRU 144 PI# 52742.5005/8 (2) COM AT NE COR OF NE1/4 OF SW1/4 SEC 10; TH N 89 DEG 40 MIN 16 SEC W ALG N LN OF SD NE1/4 OF SW1/4 A DIST OF 38.94 FT TO INTERSEC OF SD LN & W R/W LN OF 26TH ST W; TH S 00 DEG 12
Exterior Features
Lot Size:
88496
Lot Features:
Oversized Lot, Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 19 to 30
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
Two
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
2025
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2704 49TH AVE W
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