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Apartment with pool Fort Myers Beach (United States)by annonceur international
Apartment with pool
Backto the list : apartment for Sale at Fort Myers Beach

Apartment with poolFort Myers Beach (United States)
Price :
$3,799,000
bedrooms11 bathrooms7 land0.1 ha

6.77% CAP RATE AT THE LIST PRICE! 7 TURNKEY ISLAND RENTALS. ONE COMPELLING, CASH-FLOWING INVESTMENT. WELCOME TO PALERMO PARADISE! AN ESTABLISHED SHORT-TERM RENTAL OPERATION WITH DOCUMENTED INCOME AND FUTURE RESERVATIONS ALREADY IN PLACE-INVEST YOUR MONEY WHERE THE BOOKINGS ARE! BEAUTIFULLY AND FULLY UPDATED ACCOMMODATIONS WITH 11 BEDROOMS AND 7 1/2 BATHS! YOUR GUESTS CAN UNPACK, UNWIND, AND WALK TO THE BEACH, RESTAURANTS, SHOPPING, NIGHTLIFE, THE PIER AREA, AND ICONIC FORT MYERS BEACH ATTRACTIONS! AMPLE PRIVATE OFF-STREET PARKING MAKES ARRIVAL EASY-AND THIS WALKABLE ISLAND LOCATION MAKES LEAVING THE CAR BEHIND EVEN EASIER! Buy the business behind the beach days. Seven beautifully updated island rentals. Documented rental income. Cash flow already underway. Palermo Paradise is a turnkey, operating investment offering a 6.77% CAP rate at the list price-and a compelling reason to take a closer look. Guests walk to the beach, The Whale, Margaritaville, shopping, nightlife, and the pier area. Back at the property, a shared heated pool, lounge seating, and outdoor dining keep the vacation going. Ample private off-street parking makes arrival easy. Located at 584/586 AND 588/590 Palermo Circle, this assemblage includes four buildings on approximately one-quarter acre. Three one-bedroom cottages and four two-bedroom rentals provide 11 bedrooms and 7 1/2 baths. Remodeled between 2024 and 2026, the turnkey interiors feature contemporary coastal decor, updated kitchens and kitchenettes, and inviting bedrooms. Stylish accommodations, a walkable location, and an established rental operation make this a solid island investment opportunity. Future reservations are already in place. Buying ahead of the coming season positions the next owner to participate in the income from those stays. Before buying elsewhere on the island, compare the rental history, condition, location, and CAP rate. Review the financials. Check the booking calendar. Tour Palermo Paradise-and see what your next investment could look like.
Advertiser reference : 122186353Le Figaro Properties reference : 110890329

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Apartment with pool Fort Myers Beach (United States)

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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Do you have a property to sell?

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The data entered into this form is required to allow our partner to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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