π 11 best short term rental opportunities | January 1, 2024 (Happy New Year edition!)
ME, PA, FL, GA, MN, VT, ME, GA, MI, CO, NC

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This waterfront 3 bedroom is being offered turnkey as an investment property and is only $529k. Itβs featured in the Pro version of this newsletter.

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SHOWINGS BEGIN WITH OPEN HOUSE SATURDAY, 1/6, NOON -2:30PM! Treat yourself to its warm hug on the moodiest Maine day or revel in its private, quiet, setting, surrounded by Maine's natural splendor, when the sun shines! This sweet log home spans every solstice, every equinox, with solidity and serenity! Snugged into its 4 acre lot (2A min lot size in Zone RF), it inspires joy in every season! Single floor living is possible, with BR, full bath, and laundry on main level. The common space is open, yet so cozy! The 2nd fl offers a 2nd BR with ensuite bath and loft for office or play space beneath the cathedral ceiling! The daylight, walk out basement has been beautifully finished for exceptionally comfortable, flexible, use. Use the wood stove for heat and the hot air furnace as back up, or the reverse! The basement is heated, as necessary, by electric baseboard. Outside, the covered front porch wraps around to become an end-to-end deck! A welcoming fire pit and custom tree house invite the imagination (and, perhaps, fairies)! A detached, 2C garage with storage above, wood and garden sheds, and lovely landscaping...this home is like a jewelry box for people!
$525,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $372
Expected occupancy rate: 61%
Monthly expected income: $6,902
Monthly expected expenses: $4,763
Monthly expected cash flow: $2,139
Expected cash on cash return: 17.8%

Welcome to your dream beachside bungalow in Ponce Inlet! Just steps away from the Ponce de Leon Inlet Lighthouse, intracoastal, and beach! It's like having your own private slice of paradise! Step inside and expect to say WOW with the open and spacious kitchen and great room featuring gorgeous vaulted tongue and groove ceilings with 2 skylights and motorized solar shades! The custom kitchen has all-wood self-closing cabinets and modern appliances featuring spectacular quartz waterfall edged island and quartz backsplash, custom Murphy Wine Door, and 36'' upper cabinets that are stacked with a 15'' cabinet featuring glass doors! Meticulously maintained this 3-bedroom, 2-bath gem has a NEW roof 2023, NEW top of the line custom composite fence offering double gates allowing vehicle access on your NEW paver driveway to your private rear entry oversized 2 car attached garage. The NEW pavers in the backyard doubles as a driveway or extra entertainment area and leads to a custom aluminum pergola with louvered roof that allows you to open or close for sun or shade! Luxury vinyl flooring runs seamlessly throughout the house offering durability and easy maintenance throughout your coastal retreat. It has been thoughtfully upgraded with many recent updates, all new fresh paint, and a newly epoxied garage floor. The Primary bedroom offers 2 closets with custom built-ins providing plenty of storage and functionality. The primary bathroom offers an upgraded vanity with wall-mounted faucet, the glass shower enclosure is gorgeous and the backlit LED vanity mirror gives the entire space a coastal modern vibe! The second bedroom features a Twin Murphy Bed with built-in cabinetry, motorized solar shade, and a custom closet system with siding bi-fold barn doors. The guest bathroom is jaw dropping featuring black herringbone tile, built-in bench seat, oversized bath-tub, all-wood vanity with wall-mounted faucet, and skylight providing tons of natural light! The 3rd bedroom offers double windows with motorized solar shades and a custom closet system. Never hang Christmas lights again with new permanent outdoor lighting that was recently installed! This home is one of the very few that has deeded riparian rights to access the Intracoastal! Don't miss out on this rare opportunity to own a home that combines luxury, serenity, and convenience. Centrally located to restaurants, boat ramps, dog park, beach approach, lighthouse and the Marine Science Center!
$599,900
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $399
Expected occupancy rate: 56%
Monthly expected income: $6,796
Monthly expected expenses: $4,659
Monthly expected cash flow: $2,137
Expected cash on cash return: 15.7%
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