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Destin Beach Destination Bed and Breakfast 4598 Paradise Isles 5 Room Bed and Breakfast Destin, FL 32541 $2,000,000 ($400,000/Room) 10.25% Cap Rate
Investment Highlights
- Includes new electric golf cart, bikes, outdoor equipment, and a heated pool and spa.
Executive Summary
This is an active Airbnb that produces $242,000 per year. All furniture is included as well as listing and the client list of repeat vacationers. The reason why we are selling is to purchase a large apartment complex and free up capital. We have all the data from AirBNB, VRBO, Booking . com, and Florida Rentals. We have quite a few repeat customers and more than 600 five star reviews.
Property Facts
| Price | $2,000,000 | Lot Size | 0.27 AC |
| Price Per Room | $400,000 | Building Size | 8,712 SF |
| Sale Type | Investment | No. Rooms | 5 |
| Cap Rate | 10.25% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built | 2006 |
| Property Type | Hospitality | Parking Ratio | 0.69/1,000 SF |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Building Class | B |
| Price | $2,000,000 |
| Price Per Room | $400,000 |
| Sale Type | Investment |
| Cap Rate | 10.25% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 8,712 SF |
| No. Rooms | 5 |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 0.69/1,000 SF |
| Corridor | Interior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
About 4598 PARADISE ISLES , DESTIN, FL 32541
High end finishes throughout this bed and breakfast.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $195.00 | - |
| Guest Room | 3 | $158.00 | - |
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Property Taxes
| Parcel Number | 00-2S-22-0400-0000-1070 | Improvements Assessment | $1,046,713 |
| Land Assessment | $434,927 | Total Assessment | $1,481,640 |
Property Taxes
Parcel Number
00-2S-22-0400-0000-1070
Land Assessment
$434,927
Improvements Assessment
$1,046,713
Total Assessment
$1,481,640
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Brett Lark LLC
Destin Beach Destination Bed and Breakfast | 4598 Paradise Isles
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