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Exceptional Investment Opportunity: 2 Residences on One Lot - Fully Turnkey Airbnb
This unique property presents an incredible investment opportunity for savvy buyers looking to capitalize on the thriving short-term rental market or high demand annual market. Located just 4 miles from the beach and situated in a prime, no-HOA neighborhood, this property offers two fully furnished, income-generating residences on one lot, with an established track record of success as a short-term rental.
Main House (3 Bed, 1 Bath – 1, 125 sq. ft. ) This updated bungalow exudes a charming, beachy vibe that perfectly suits the Florida lifestyle. The open-concept layout, stylish laminate flooring, and modern kitchen featuring quartz countertops and new stainless steel appliances make this a welcoming space for guests. The three spacious bedrooms, including a primary bedroom with a walk-in closet, ensure ample comfort. The updated bathroom with a new tub, subway tile, and modern vanity adds a fresh, contemporary touch. The main house is designed for easy upkeep and maximum guest appeal, with everything guests need for a seamless stay.
Guest Cottage (Studio – 224 sq. ft. ) The separate studio guest cottage offers even more income potential. Fully furnished with a kitchenette and private bath, this cozy space is perfect for short-term rentals, in-laws, or additional guest overflow. It maintains the same coastal charm as the main house and is designed to provide both privacy and comfort.
Turnkey & Fully Furnished This property is completely turnkey—everything you need to generate rental income from day one is included! From stylish beachy furnishings to fully stocked kitchens, linens, and even beach equipment, no detail has been overlooked. The home is set up to provide a hassle-free experience for both guests and owners, offering a high ROI with minimal effort. Simply step in and start earning!
Recent Upgrades & Key Features:
New plumbing, AC, water heater, and electrical updates (2021)
Roofs: Main house (2024), guest cottage (2019)
Fully updated interiors with modern finishes
Exterior laundry room for added convenience with newer washer and dryer
Fenced backyard for privacy and relaxation
City water and sewer
One-day minimum rental policy per Port Orange guidelines
Prime Location & Investment Potential: Located between Daytona Beach and New Smyrna Beach, this property is ideally situated for tourists and business travelers alike. With easy access to I-95, I-4, A1A, and close proximity to major employers, universities, shopping, dining, and entertainment, the location is in high demand year-round. Plus, it's just an hour away from Orlando’s attractions!
Whether you're looking for a proven Airbnb investment, a vacation home with extra rental income, or a flexible multi-unit property, this opportunity offers it all. With turnkey convenience and an established track record, this property is the ideal choice for investors looking to maximize returns with minimal effort.
Don’t miss out—schedule your showing today!
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $278,400 | $278,400 | $278,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $297 | $297 | $297 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,737 | $1,829 | $2,331 |
Total Monthly Payment | $2,109 | $2,201 | $2,703 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.