8 best Airbnb investment opportunities | April 26, 2022
A stunning Mid-Century modern tucked down a private lane with a 25% cash-on-cash return! Today's list includes: CT, OR, TN, CA, TX, SC, FL, & ME.
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64 Dolphin Dr, Saint Augustine, FL 32080
Enjoy quintessential St. Augustine living and your own slice of paradise in this immaculately upgraded 4bed/2bath mid-century home located on desirable Dolphin Drive in Davis Shores. Originally constructed by and resided in by Henry & Esther Whetstone of St. Augustine’s beloved Whetstone Chocolate Factory, you can easily imagine you’ve stepped back in time while enjoying all of the comforts and conveniences of modern-day living. A beautifully landscaped courtyard provides a private entrance into the home. Perhaps the pinnacle of this home is the exquisite master suite addition: an abundantly spacious dwelling with a relaxing sitting area, a cedar-planked walk-in closet and another walk-in closet, and its own dedicated AC Mini Split system. The master bathroom offers plenty of opportunities to luxuriate with a large tub, separate walk-in shower, and double vanities. The master bedroom looks out onto a large, fully-fenced-in backyard in addition to the second courtyard. Nestled among a variety of elegant riverfront homes in the coveted Davis Shores neighborhood, one can travel by foot or bicycle over the Bridge of Lions to historic downtown St. Augustine or to any number of enticing restaurants along Anastasia Blvd. RS-1 zoning allows for short-term rentals.
$550,000
4 Bedrooms, 2 Baths
Average Daily Rate: $478
Expected occupancy rate: 60%
Monthly expected income: $8,465
Monthly expected expenses: $5,842
Monthly expected cash flow: $2,623
Expected cash on cash return: 19.43%
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