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Furnished Short-Term Rental Property
For Sale
$1,990,000

16 Rua Encosta Dos Magos, FL

Residential Income, Canico, FL

Property Size1,415 SF
Lot Size0.07 Acres
Price / SF$1,406
Days on Market105

Property Features for 16 Rua Encosta Dos Magos

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning Residential
Bedrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 1
Patio and Porch features Patio
Exterior features Balcony, Garden, Outdoor Kitchen, Private Rooftop Terrace
View Ocean
Subdivision 5990 - International
Standard status Active
APN 1943b
Size 1,415 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Frao autonoma B, prop. horizontal, CRP Santa Cruz no 1943, Canico. Lic. Util. 58/2023. Moradia T3, 3 suites, logradouro priv.
Tax Annual Amount 517
Legal Description Frao autonoma B, prop. horizontal, CRP Santa Cruz no 1943, Canico. Lic. Util. 58/2023. Moradia T3, 3 suites, logradouro priv.

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Zoned
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

rooftop outdoor kitchen
private terrace

Building Details

Year built 2023
Floors in Building 3
Number of units 3
Flooring type Marble, Tile - Ceramic, Wood
Building materials Concrete, Stucco
Roof type Concrete
Additional Structures Outdoor Kitchen, Pergola
Listing Agency: LoKation
Listed By: Viktoriia Volynets · License #3474750
Added: May 11 Changed: Aug 21 Last Checked: Aug 23 at 8:06AM
MLS# B26026997

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2023, this 1,415-square-foot short-term rental property is configured as three furnished suites within one legally registered residence. The layout provides three bedrooms, 3.5 bathrooms, kitchenettes, private terraces, reversible interior partitions, and a private rooftop terrace with an outdoor kitchen. Concrete and stucco construction, a concrete roof, wood, marble, and ceramic tile flooring, zoned heating, and central air support the property’s contemporary configuration.

The property operates under one Alojamento Local registration, RNAL #160289, with approximately 94% occupancy reported for 2025. The residence sits on 0.07 acres and includes a garden, balcony, patio, public water, public sewer, and natural gas availability. A 7.07% cap rate is also reported in the property information.

Key Highlights

  • Three furnished short‑term rental suites within one legally registered residence
  • 1,415 square feet with 3 BR and 3.5 BA
  • 2023 construction with concrete and stucco exterior

Property Analytics

Current Use

Short term rental ...

Lease Details

3
Residential units
94%
Occupancy

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Modern income property with three furnished suites, private terraces, and a rooftop outdoor kitchen.
Where is this short term rental property located?
The property is located at 16 Rua Encosta Dos Magos FL.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Three furnished short‑term rental suites within one legally registered residence; 1,415 square feet with 3 BR and 3.5 BA; 2023 construction with concrete and stucco exterior
More about this property
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