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Wade M. Berlin

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  4. 2507 Ocean Drive N, Hutchinson Island, FL 34949
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2507 Ocean Drive N
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PRICED AT ONLY: $1,890,000

Address: 2507 Ocean Drive N, Hutchinson Island, FL 34949

Description

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment it's a chance to own a slice of paradise with strong financial returns.Currently a high demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5 minute walk to the breathtaking 10 mile stretch of Hutchinson Island beach.Don't miss out on this proven income generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment it's a vacation paradise

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More Like This
  • MLS#: RX-11016392 ( Quad Plex )
  • Street Address: 2507 Ocean Drive N
  • Viewed: 21
  • Price: $1,890,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 0
  • Days On Market: 439

Description

Attention investors! This fully turnkey vacation rental offers an exceptional opportunity with a NOI of over $92,000 annually!!. Located on North Hutchinson Island, this property isn't just a smart investment it's a chance to own a slice of paradise with strong financial returns.Currently a high demand rental on Airbnb, VRBO, and Booking, this home enjoys impressive occupancy rates and a loyal repeat guest base. Situated in a tranquil setting, it's just a 5 minute walk to the breathtaking 10 mile stretch of Hutchinson Island beach.Don't miss out on this proven income generating property in one of Florida's most desirable coastal destinations! Situated in a prime location on North Hutchinson Island, this property is not just an investment it's a vacation paradise
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Features
Building and Construction
  • Absolute Longitude: 80.29698
  • Construction: Block, Concrete
  • Exterior Features: Auto Sprinkler, Custom Lighting, Deck, Open Patio, Open Porch, Outdoor Shower, Room for Pool
  • Flooring: Tile
  • Roof: Metal
  • Sqft Source: Owner
  • Sqft Total: 5958.00
  • Total Building Sqft: 4396.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: 1/4 to 1/2 Acre, Paved Road
  • Subdivision Information: Bike - Jog, Bike Storage, Bocce Ball, Extra Storage, Fitness Trail
Eco-Communities
  • Private Pool: No
  • Storm Protection Panel Shutters: Complete
  • Waterfront Details: Ocean Access
Utilities
  • Carport Spaces: 0.00
  • Cooling: Ceiling Fan, Central Individual, Electric
  • Heating: Central Individual
  • Number Of Stories: 2.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Utilities: Public Water, Septic
  • Window Treatments: Blinds
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 92000.00
  • Income Expenses Annual Total Expense: 172000.00
  • Income Expenses Gross Operating Inc: 264000.00
  • Source Of Expenses: Owner
  • Tax Year: 2023
Rental Information
  • Tenant Pays: None
Other Features
  • Avail Info: Inventory
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: FORT PIERCE SHORES-UNIT 3- BLK 8 LOT 9
  • Multiple Ofrs Acptd: Yes
  • Parcel Id: 142560300100002
  • Special Assessment: No
  • Special Info: Sold As-Is
  • View: Garden
  • Views: 21
  • Zoning: HutchI
Nearby Subdivisions
Fort Pierce Shores  
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741 Hernando Street presents a unique opportunity to acquire a fully renovated, turnkey multifamily asset located just one block from the Atlantic Ocean on South Hutchinson Island in Fort Pierce, Flor

  1. Request Information
  1. MLSID: RX-11129725
  2. Provided by LPT Realty, LLC
  3. Contact John C DiGirolomo
  4. (877) 366-2213
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