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5
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4
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Joshua Jimenez
  • Santa Rosa Beach, FL
4
Votes |
5
Posts

Luxurious New Construction Oasis along 30a Florida

Joshua Jimenez
  • Santa Rosa Beach, FL
Posted

327 Eastern Lake Drive, Santa Rosa Beach, FL (Scenic 30a)

This 5 bedroom 5.5 bath gulf view home will feature some of the best outdoor living space that 30a has to offer. An easy walk to public beach access, only 1 block away at Eastern Lake. The perfect house for entertaining large parties with an outdoor kitchen and designer pool then head up to one of the many decks to enjoy the evening sunset with gulf and lake views. High-end finishes and furnished throughout makes this the perfect house for family get togethers or a the perfect rental house with rental income possibilities up to $200,000. Some of the many features: Elevator, shiplap feature walls, huge windows, huge decks, pool, outdoor kitchen, an option to upgrade to a 6 bedroom 6.5 bath with 2 car garage and carriage house. 

Investment Analysis at $180k yearly return and 20% management fee. Others that are established and not nearly as nice are doing over $200k...self manage for even more income:

Monthly Income: Monthly Expenses:Monthly Cash Flow: Pro Forma Cap Rate:
$15,000.00         $11,984.95$3,015.05               6.77%
NOI           Total Cash NeededCash on Cash ROI   Purchase Cap Rate
$128,600.00        $405,000.008.93%                    6.77%
Offering