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Updated 14 days ago on .

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Kelly Forrester
  • Real Estate Broker
  • Ormond Beach, FL
0
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1
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🔥 Lakefront 3-Unit STR-Ready Investment – Salt Springs, FL (Furnished + Boat Ramp)

Kelly Forrester
  • Real Estate Broker
  • Ormond Beach, FL
Posted

📍 15040 NE 248th Avenue Rd, Salt Springs, FL 32134

This fully furnished, lakefront property on Lake Kerr offers both lifestyle appeal and solid income potential. With three separate 1-bed/1-bath units, separate meters, and turnkey short-term rental readiness, it’s ideal for Airbnb/VRBO investors, house hackers, or hybrid-use owners.

Property Overview

  • Asking Price: $399,900

  • Units: 3 (1 bed / 1 bath each)

  • Total Living Area: 1,356 SF

  • Lot Size: 0.5 Acres

  • Construction: Cabin (wood frame), Duplex (concrete block)

  • Utilities: Separate electric meters, central HVAC

  • Recent Upgrades: Updated electrical (2024), metal roofs

  • Included: Furnishings, zero-turn mower, kayaks, water filtration system

  • Private boat ramp, large dock, screened gazebo

  • Zoned R1 (STR permissible)

Income Overview (Actual & Potential)

Unit A: $750/month

  • Long-term tenant (family friend, provides on-site oversight)

  • Rent intentionally low for management convenience

Unit B: Vacant

  • Previously rented at $800/month

  • STR potential: $150/night (~$2,700/month at 60% occupancy)

Cabin: Month-to-month

  • STR potential: $180/night (~$3,200/month at 60% occupancy)

Estimated STR Gross Potential: $5,900+/month (keeping Unit A as-is)

Call Kelly Bauknecht with Newkirk Investments 386-290-5356 or [email protected]

Offering
Orlando, Florida