Here's a FANTASTIC BEACH BARGAIN on the east side of AIA. This solid 6 bedroom, 4 bathroom duplex backs up to million dollar homes and has views of the Atlantic Ocean and Intercoastal from each balacony. The building shows on county records as a single family home, however it has performed as a duplex since the time it was built. Double car garage on the ground floor, 3/2 unit in the middle and a 3/2 unit on top. Both units are occupied with long term tenants at below-market rent. We estimate market rents to generate $3000-$3500 per month based on updates. Only one row of houses separate this property from the ocean.
Continue operating this investment as an income producing duplex or convert to single family. There are connecting stairwells both on the outside and inside of the building. Having 6 bedrooms and 4 bathrooms, this one could make an ideal short term vacation rental as well! The property may have open roof and a/c permits in need of being closed out. The roof is aproxamatley 7 months old, and the a/c system is just over a month old. This beach house is priced at a big discount; so please contact your EquityPro Advisor for more details.