Profitable Airbnb One Block from the Beach in Lauderdale By The Sea, FL
Business Opportunity
Category: Hospitality
Price:$1,395,000
Location: Lauderdale By The Sea, FL
Year Built: 1955
Days on Market: 82
Description:
Active Airbnb producing apprx $8000 NOI per month. Owner is not pursuing it full time. Actual projections of full time income are $120k-$140k. Records available. Also prime triple digit flip opportunity for luxury coastal living in the prestigious Bel Air community. One block from the beach. Joint venture opportunity to increase 1800 sq. ft. with 250k down and an estimated ARV projected to sell at $2,972,000 - $3,633,000. Seller financing or joint ventures possible. Property is currently a profitable AirBNB, VRBO with a 5 star rating.*
Airbnb one block from the beach. $8k NOI part time. JV possible, 200k down and ARV up to $3,633,000. Seller financing or joint ventures possible.
Tax Legal Description: BEL-AIR 32-10 B LOT 17 BLK 1
Year Established: 2
Parking Features: CircularDriveway,Driveway
Insurance Expense: $5,600
Listing Code: 1113074773