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- STR Coffee Break June 13, 2023
STR Coffee Break June 13, 2023
28% Cash on Cash Return Sunny FL Gem
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Seminole, FL

Listed by Chad Ramsey | Berkshire Hathaway Homeservice
Welcome to Seminole Grove Estates, where this stunning home is ideally situated in this sought-after neighborhood. This residence offers the perfect blend of convenience, proximity to the beach, and access to top-rated schools. With four spacious bedrooms and two full bathrooms, this home provides ample space for both comfortable living and entertaining. The master bedroom is complete with a private master bathroom, two expansive walk-in closets, and wood flooring. One of the bedrooms has been thoughtfully designed to serve as a versatile office space, featuring its own bar area and closet. The remaining two bedrooms offer generous dimensions, ensuring everyone has their own personal haven. The eat in kitchen boasts abundant cabinet space, sleek granite countertops, and a new Whirlpool fridge that was installed in 2022. The well-designed layout includes a pass-through window into the family room, creating a seamless flow for cooking and socializing. Direct access to the dining room, featuring French doors that lead out to the pool area, adds an element of charm and convenience. All stainless-steel appliances are included, ensuring you have everything you need to whip up culinary delights. 2 living areas offer ample space to entertain. Step outside and indulge in relaxation and fun within the confines of your own private swimming pool. The paver lanai and absence of a pool cage allow for unrestricted enjoyment, while the fenced yard ensures your privacy is maintained. Practical features abound throughout the property, including a well for the sprinkler system, a new roof installed in 2017, an HVAC system updated in 2013, a water softener, and a new water heater added in 2018. The 2-car garage provides ample space for your vehicles, and it also houses laundry facilities complete with a washer and dryer, along with additional storage options. This home is being sold As-Is, presenting a wonderful opportunity for the new owner to infuse their own personal touch and style. You'll be pleased to discover that there is no HOA or CDD, and should you desire, there are no minimum restrictions for rentals. This flexibility further enhances the appeal of this incredible property. Don't miss out on the chance to make this home your own and experience the best that Seminole Grove Estates has to offer.
$565,000
4 Bedrooms/2 Baths
Average Daily Rate: $490
Expected occupancy rate: 65%
Monthly expected income: $9,688
Monthly expected expenses: $6,084
Monthly expected cash flow: $3,603
Expected cash on cash return: 28.44%
Property Value in 10 Years $820,393
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