Turnkey Two-Family Short-Term
233 Sheridan Avenue Seaside Heights, NJ 08751
For Sale
$750,000
Designer-renovated duplex offered fully furnished and operating as a turnkey short-term rental just blocks from the beach.
Property Size1,428 SF
Price / SF$525.21
Days on Market78
Property Features for 233 Sheridan Avenue
General Information
- Standard status
- Active
- Size
- 1,428 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1940
Listing Agency:
RE/MAX Revolution
(732) 678-1328
Listed By:
Kyle T Marcell · License #1540795
(732) 678-1328
Source:
Compass
Added: May 8
Changed: Jul 10
Last Checked: Jul 23 at 9:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Revolution
Investment Insights
Based on property information with market context.
This designer-renovated two-family property is presented as a turnkey short-term rental operation. The home includes two units, each finished with custom feature walls, white oak-style flooring, granite countertops, stainless steel appliances, designer finishes, and gold accents. It is offered fully furnished, and the sale includes security camera systems, along with established Superhost Airbnb and VRBO accounts. Outside, the property features a spacious backyard with low-maintenance turf, a deck, an outdoor shower, and ample off-street parking.
Located in Seaside Heights, the property is described as just two blocks from the famous Seaside Heights beach and boardwalk, placing it within close reach of seasonal shoreline activity. Off-street parking supports guest-friendly stays and makes day-to-day operations more convenient.
For buyers seeking a ready-to-run shore investment, this offering provides furnished, renovated living space configured for short-term rental use, along with included platform accounts and security systems. Each unit’s updated interior finishes and outdoor gathering space are designed to support an attractive guest experience, while the off-street parking helps reduce common arrival friction for renters.
Located in Seaside Heights, the property is described as just two blocks from the famous Seaside Heights beach and boardwalk, placing it within close reach of seasonal shoreline activity. Off-street parking supports guest-friendly stays and makes day-to-day operations more convenient.
For buyers seeking a ready-to-run shore investment, this offering provides furnished, renovated living space configured for short-term rental use, along with included platform accounts and security systems. Each unit’s updated interior finishes and outdoor gathering space are designed to support an attractive guest experience, while the off-street parking helps reduce common arrival friction for renters.
Key Highlights
- Two‑family property with 4 bedrooms and 2 full baths
- Designer‑renovated interior with recessed lighting, vinyl floors, and custom feature walls
- Kitchen upgrades include granite countertops and stainless steel appliances
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.5k | $25.56 |
| − Vacancy | −$2.4k | −$1.65 |
| EGI | $34.1k | $23.91 |
| − OpEx | −$10.2k | −$7.17 |
| NOI | $23.9k | $16.74 |
1,428 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$341.4K
$298.7K – $398.3K
NOI $23,899 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$313.7K
$274.5K – $366.0K
NOI $21,960 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$372.9K
$326.3K – $435.0K
NOI $26,102 @ 7.0% cap · market cap 3.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Designer-renovated duplex offered fully furnished and operating as a turnkey short-term rental just blocks from the beach.
Where is this duplex located?
The property is located at 233 Sheridan Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two‑family property with 4 bedrooms and 2 full baths; Designer‑renovated interior with recessed lighting, vinyl floors, and custom feature walls; Kitchen upgrades include granite countertops and stainless steel appliances
