Beach house condo for sale

$185,000
3
2
1,500
sq. ft.
$123
per sq ft
Heated sq ft: 1,300 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Business Stay, City Life, Couples/Romance
New Construction: Inquire
Days on Vrolio: 1157

Property Description

Be on the beautiful Biloxi beach in 5 minutes! Enjoy a low-maintenance, always-on-vacation lifestyle in this gorgeous townhome with sky-high ceilings and natural light galore. First floor entry and 2-car garage. A spacious living room with glass doors to your back patio make entertaining a breeze! Don't struggle with the groceries or parking. A 2-car garage with easy access to the kitchen will take the hassel out of this chore. Smart-home features, including a smart thermostat, allow you to control the temperature from anywhere. Two AC units help keep things efficient. The upstairs offers three roomy bedrooms, ample closet space and two full bathrooms...powder room bath downstairs for guests!

Presented by:
Owner:
josh katona
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
2
Est Value of Furnishings
$4,500
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
invest in another opportunity on the west coast
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
2
Additional Indoor Rooms
Attached Garage for 2 cars, Family Room, Formal Dining Room, Game Room, Home Office/Den, Living Room, Theater/Media room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Attic air barriers, Carpet, Double pane-low emissivity windows, Energy Efficient Insulation, Energy Star appliances, Energy Star certified windows, Energy efficient lighting, Low flow faucets/toilets, Programmable thermostat, Smart meters
Year built
2009
Outdoor Features
Deck, Garden, Porch - Not screened
View
Beach
Backyard Exposure
North
Lot Size
.73 unit is a condo with a large backyard patio
Community Features
Arcade, Bar, Ocean Access
Tax Amount/Year
$1,200
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Arcade, Bar, Ocean Access
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
2 in the driveway and 2 in the garage
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
Yes, 30 days unless rented with turnkey vacation rentals who has a workaround
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$10.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been used as a long-term rental
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
$2.09
Cleaning Fee
$50.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,200.00
Water/Sewer (Annual)
$720.00
Cable/Interbet (Annual)
$420.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$1,200.00
Homeowner's Insurance (Annual)
$350.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$3,300.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
Total Capital Investment

RECALCULATE
Income
Average Nightly Rent

Weekly Rent

Potential Annual Rent

Weeks Rented (of 52)

Additonal Net Revenue Streams

Effective Gross Revenue

Effective Gross Rent

RECALCULATE
Variable Expenses (Annual)
Management Rental Commission (%)

Management Rental Commission Annually ($)

Credit Card Fee (%)

Credit Card Fee Annually ($)

Cleaning Fee ($ per rented wk)

Cleaning Fees Annually

Booking Site Service Fees (%)

Booking Site Service Fees ($)

Management Fee ($ per mo)

Management Fee Annually

Additonal Nightly Insurance Policy ($ per night)

Additonal Nightly Insurance Policy Annually

Sales, Bed, Resort, Tourist Tax (%)

Sales, Bed, Resort, Tourist Tax Annually ($)

RECALCULATE
Fixed Expenses (Annual)
Annual Permits/Licences

Advertising & Tech Costs

Yard and Pest Control

Pool Maintenance

Electricity

Water/Sewer

Cable/Internet

Accounting

Property Taxes

Homeowner's Insurance

Short Term Rental Insurance Rider

CDD fee

Annual Homeowners Association Dues

Additional Membership Fees

Maintenance Reserves/Supplies

Other

Fixed & Variable Expenses

RECALCULATE
Loan
Down Payment (%)

Down Payment (Capital Investment)

Loan Amount

Interest Rate

Amortization (Loan Years)

Monthly Payment

Annual Debt Service

RECALCULATE
Returns
Average Monthly Cash Flow

Annual Cash Flow

Cash-on-Cash Return

Annual Occupancy to Break Even

Break-Even Occupancy (Weeks)

Net Operating Income (NOI)

Cap Rate (ROI)

RECALCULATE

User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

LOCATION MAP VIEW

Data provided by property owner

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.