2507 N Ocean Drive, Hutchinson Island, FL 34949

Building Details

Year Built

1976

Listing agent Kimberly Thomson License #3188644

Listing office Compass FL LLC k***@meyerlucas.com Show Phone

Listing date Aug 30, 2024

Source Crexi

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 Compass FL LLC

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Overview

This fully turnkey vacation rental is presented as an investor-ready residential income property, currently operated as a short-term rental. The offering is described as generating NOI of over $92,000 annually, with the home positioned for continued use in a vacation rental format. It is currently marketed through Airbnb, VRBO, and Booking, and the remarks indicate strong booking demand with a loyal repeat guest base.

The property is located on North Hutchinson Island and set in a tranquil setting. It is described as a 5-minute walk to Hutchinson Island’s 10-mile stretch of beach, placing it within easy walking distance of the coastal experience that drives short-term stays.

For buyers seeking a turnkey residential income property, this home is offered as ready to operate in the short-term vacation rental market without requiring additional setup based on the information provided. The combination of established online booking channels and the stated proximity to a long stretch of beach may appeal to operators looking for a functioning, serviced rental property aligned with guest demand in this destination setting.

Suggested Use

Real Estate Agency Hair Salon Accounting Firm Hotel & Motel Electrical Service Bakery Travel Agency Shopping Center & Mall Bed & Breakfast Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Hutchinson Island

County

St. Lucie

State

Florida

Longitude

-80.2971294

Latitude

27.4847241

FAQs

What type of property is this?

Short term rental property - Fully turnkey income-producing vacation rental with established booking presence and proximity to Hutchinson Island beaches.

Where is this short term rental property located?

The property is located at 2507 N Ocean Drive Hutchinson Island, FL.

What is the asking price?

The asking price for this property is $1,740,000.

What are key features of this property?

This property features: Year built: 1976 vacation rental home on North Hutchinson Island; NOI over $92,000 annually (as stated in public remarks); Currently rented through major travel platforms including Airbnb, VRBO, and Booking