Active

$1,190,000

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 3250 sq ft
Overview
  • ID: MFRPR9109347
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 3250 sq ft
Property Details
Remarks
This property presents an exceptional opportunity for use as a primary residence, rental investment, or a combination of both. Situated just a few blocks from the beach and popular dining spots, it is fully furnished and ready to generate income in the desirable Ocean Park area. Currently operating as a successful Airbnb, the property boasts the potential to generate over $120,000 in annual revenue (financials available upon request). Its prime location provides walking access to the beach, basketball courts, a running track, and more. The property spans a 300 square meter lot and features 4 distinct units. The main house comprises 3 units, while a detached 1-bedroom apartment is located at the rear of the property. • Unit 1 (1st floor): 3 bedrooms, 1 bathroom, living and dining area, kitchen, and balcony. • Unit 2 (2nd floor): 2 bedrooms, 1 bathroom, living and dining area, kitchen, and an expansive open terrace. • Unit 3 (2nd floor): 2 bedrooms, 1 bathroom, living and dining area, and kitchen. • Unit 4: Detached 1-bedroom apartment with a bathroom and full kitchen. Annual property taxes are $1,517, insurance is $980, and flood insurance is $3,048.38. This versatile property offers an excellent return on investment with its proximity to amenities and potential for high rental income.
Financial Considerations
Price:
$1,190,000
HOA Fee:
N/A
Tax Amount:
$1517
Price per SqFt:
$366.15
Tax Legal Description:
N/A
Exterior Features
Lot Size:
3229
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Concrete
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
None
Cooling:
Mini-Split Unit(s)
Appliances:
Microwave, Range, Refrigerator
Furnished:
No
Floor:
Terrazzo
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1970
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Other, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    103 TAFT STREET
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