115 Cleveland Avenue, Belleair Bluffs, FL 33770

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List Price
$850,000
MLS#
TB8557882
Type
Multifamily
Living Area
2,354
Lot Size
8,703
Subdivision
Whitehursts & Others Add
Year Built
1960

Property Description

The property is actually a 5-plex. (all 1/1's) features a thoughtful mix of rental options, including traditional long-term leases and flexible mid-term arrangements for a duration of 90 days or more. Of the five available units, three are currently designated for long-term rentals, providing stable and reliable income. The remaining two units are successfully rented on a mid-term basis through popular platforms such as Airbnb, VRBO, and Furnished Finders, catering to a growing market of travelers and professionals seeking temporary accommodations. All units boast a private & fenced outdoor space. This property sits outside the requirement for flood insurance. This property is ideally suited for anyone looking to enter the lucrative world of Airbnb rentals. With the current setup already established and operational, it offers a seamless transition for new investors seeking to make their mark in the rental market. For seasoned investors, this property represents a fantastic addition to an existing portfolio, enhancing diversification and revenue potential. Units easily converted to all traditional rentals or all midterm rentals with the addition or omission of furnishings.

Additional Information

Community Features
No Deed Restriction
Style
Multi-Family 5+
Exterior Construction
Block
Roof
Built-Up, Membrane
Utilities
Cable Connected, Electricity Connected, Public, Water Connected
Heating
Electric
Cooling
Mini-Split Unit(s)
Pool Type
No Pool

Listing courtesy of EXP REALTY LLC.

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