Perdido Key Portfolio + Vacation Rental Business
Hospitality
for Sale
| Catylist Listing ID: |
30866723 |
| Property Subtypes: |
Resort, Vacation Rental(s)
|
| Number of Units: |
3 Units |
| Building Size (RSF): |
See Agent |
| Gross Building Area: |
See Agent |
| Sale Price: |
$2,599,000 |
| Unit Price: |
$866,333.33 Per Unit |
| Ceiling: |
9 ft. |
| Property Use Type: |
Investment |
| Building Name: |
Palacio at Perdido & Windemere |
| Name of Establishment: |
Bialick Vacation rentals |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/26/2024 |
Overview / Comments
|
This vacation rental business runs so smoothly the owner has not been into any of the units in over a decade. In-house local check in, cleaning and maintenance plus an exclusive in-house booking agent work together seemlessly to provide maximum ROI with zero headaches to the owner. Using VRBO as booking tool , all three properties carry a transferable 5-star rating with hundreds of reviews.All three sites are only transaferable because of the length of time all three have been listed, definatly not the norm for less established vacation listing. No waiting or ramp to start maximizing ROI. Pleanty of room to increase rates. All properties have new HVAC with last 30 months. Easy to own with hands free operation. These beachfront unit are priced at last years prices. Perdido Key is the best priced white sand beach front in the world. With all the other Gulf of Mexico white sand beaches at a much higher cost per square foot, get in while you can and ride the wave up!
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County Florida |
| Tax ID/APN: |
353S324200000081 |
| Zoning: |
PUD |
| Retail Clientele: |
Recreation |
| Property Visibility: |
Excellent |
| Airports: |
Pensacola International Airport |
| Site Description: |
Beachfront - white sand |
| Area Description: |
Perdido beautiful crystal clear turquoise waters |
| Nearby Attractions: |
Johnson Beach |
| Total Number of Buildings: |
2 |
| Number of Stories: |
19 |
| Property Condition: |
Excellent |
| Year Built: |
2005 |
| Year Renovated: |
2021 |
| Roof Type: |
Flat |
| Construction/Siding: |
Concrete |
| Average Occupancy Rate: |
90 |
| Water Recreation: |
Outdoor Pool, Hot Tub, Sauna, Spa, Cabanas, Other |
| Parking Type: |
Structure, Surface, Underground, Other |
| Parking Description: |
Deck and surface |
| Passenger Elevators: |
2 |
| Sprinklers: |
Wet |
| Laundry: |
In Each Unit |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
DSL |
| Interior Description: |
See pictures |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Condominium |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
532 |
3,366 |
12,751 |
| Median Age: |
51.47 |
45.94 |
43.44 |
| Households: |
270 |
1,519 |
5,467 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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