Property Type:
Residential
Bedrooms:
10
Baths:
11
Square Footage:
5,300
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$3,695,000
List Date:
10/14/2024
Last Modified:
10/14/2024
Description
333 Lakewood Drive ''Seagrove Palace'' has achieved an impressive $245,123.77 in its inaugural year on the market! Newly introduced to the rental scene in 2024, this non HOA home generated rental income surpassing many long-established competitors.
Looking ahead, 2025 is set up to do even better with $148,324.01 already on the books. This remarkable performance highlights the property's strong rental potential with projections of $328,000 allowing for a net ROI of 6.1% at the current ask price.
Opportunities like this along 30A are rare, and high return potential make this a standout investment. We invite reasonable offers and encourage you to act quickly. Detailed booking history and futures are available upon request. ROI/CTO details under documents. Buyer to verify all dimensions.
Listing Office: Engel & Volkers 30A Beaches
Last Updated: October - 14 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
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