INVESTORS, welcome to your turnkey investment property with a remarkable Net Operating Income of over $92,000 annually. Situated in a prime location on North Hutchinson Island, this property is not just an investment--it's an opportunity to own a piece of paradise with outstanding financial returns.This property is a high-demand rental on platforms like Airbnb, VRBO, and Booking/com, boasting impressive occupancy rates and a loyal repeat clientele. Nestled in a serene and peaceful area, it's just a short 5-minute stroll to the stunning 10-mile stretch of Hutchinson Island beach.
Subdivision:
FORT PIERCE SHORES
Heating:
Central Individual
Cooling:
Ceiling Fan, Central Individual, Electric
Parking:
Open Parking, Space Parking
Construction
Block,Concrete
Utilities
Public Water,Septic
Lot Description:
1/4 to 1/2 Acre,Paved Road
Amenities:
Bike - Jog, Bike Storage, Bocce Ball, Extra Storage, Fitness Trail
2507 N Ocean Drive, Hutchinson Island, FL, 34949
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
