100 Shell Court

Description

Opportunity awaits! This 2-Unit Detached Duplex set up, directly on the Gulf, is ready for its new owner. These highly sought after vacation rentals, known as Beach Music and Rainbows End, generate consistently over $130k every year. Each side is 1500 sqft and features 4 bedrooms, 2 full bathrooms, and open concept floor plans. They are completely detached from each other, only sharing a breezeway in-between that holds 2 gas grills, outside shower, and a shared front step entry. Each unit offers complete privacy along with their own full length back decks that offer unbelievable views unlike any other property on the island. This Detached Duplex set up offers 2 vacation rentals in one property, something that is unique and rare on the island. Both units are currently in a very successful vacation rental program with a strong rental history. Gross numbers combined for 2020 were $92K, 2021 $140k, 2022 $140K, and so far for 2023 $115k with new bookings coming in daily, frequently used by owners only adding to potential income. With the Detached Duplex set up, renters with larger groups find these units convenient and easy to rent out together and become repeat guests every year. These units are being sold fully furnished and future bookings are fully transferable to the new owner. Recent updates (per sellers) are: Beautiful LVP flooring throughout, white cabinets, quartz countertops throughout, newer hot water heaters, new metal roof in 2022, upgraded/high grade board and batten style vinyl siding in 2022, warranted inside AC/heat units in 2020, reinforced piling snap jackets in 2022, staircase and walkway in 2022, new insulation and underpinning, new hurricane straps added and replaced, recessed lighting and new electrical/light fixtures, new smart TVs, and updated furnishings in main living area.