Active

$348,500

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1192 sq ft
Overview
  • ID: MFRO6286521
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1192 sq ft
Property Details
Remarks
Investors, take note! This incredible income-generating property is a rare find, offering unmatched potential and immediate cash flow. Situated on a sprawling 0.73-acre double lot—the largest in the neighborhood—this unique property is already producing $3,100 per month in rental income. The one-bedroom Airbnb unit is bringing in $1,200 monthly, while the two-bedroom unit, previously rented long-term, generated $1,900 per month. With the opportunity to build additional structures, such as a second home or a mother-in-law suite, this property is perfect for expanding your investment portfolio. The circular driveway provides easy access for tenants and guests, enhancing convenience and functionality. Inside, this Florida beach-style home showcases its charm with warm wooden accents and modern updates throughout. Recent renovations include updated kitchen cabinets, sleek new flooring, fresh paint, and completely remodeled bathrooms. The property is already partitioned, making it ideal for multi-unit rentals or flexible living arrangements. The prime location, just minutes from the beach and close to shopping, dining, and entertainment, makes this property even more attractive for short-term or long-term tenants. With its strong rental history and future potential, this is an investment you don’t want to miss. Seize this incredible opportunity today!
Financial Considerations
Price:
$348,500
HOA Fee:
N/A
Tax Amount:
$5587.76
Price per SqFt:
$292.37
Tax Legal Description:
LOTS 57 THRU 62 & S 1/2 OF LOT 63 & LOT 68 POWERS SUB MB 10 PG 138 PER OR 3877 PG 0923 PER OR 8437 PG 2849
Exterior Features
Lot Size:
32016
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1953
Construction Type:
Other
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    607 POWERS AVE
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