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    3225 Shell Point Rd Ruskin, FL 33570

    Sponsored
    For Sale
    $700,000

    Two-home waterfront retreat, high cash flow.

    Property size:
    2,262 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional investment opportunity in Ruskin, Florida, presents a unique two-home waterfront property ideally suited for various uses. This fee-simple owned property boasts 2,262 square feet of net rentable space across two single-family homes, situated on a 12,800 square foot lot (APN: U-11-32-18-18U-000000-00012.0). Built in 1986 and renovated in 2018, the property features a Class B designation and currently operates as a successful AirBnB, generating significant cash flow. The asking price is $700,000, representing an attractive 8.50% cap rate. Each home is fully furnished and ready for immediate short-term rentals. The main house offers a gourmet kitchen with granite countertops, spacious dining, and two separate living areas. The second home provides a cozy and private retreat with its own living area, bedroom, full kitchen, and deck. A private saltwater dock provides access for fishing, kayaking, and boating. The property enjoys spectacular views of a saltwater canal and mangrove forest with direct bay access, zoned RSC-6. The smaller home features a new mini-split AC system. This turnkey investment offers a blend of luxury and income potential in a highly desirable waterfront location. The property's current AirBnB operation demonstrates strong rental demand and profitability. This is a rare opportunity to acquire a well-maintained, high-performing investment property in a prime location.

    Property Features for 3225 Shell Point Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,262 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1986/2018
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • Exceptional investment opportunity: AirBnB potential.
    • Prime location in sunny Florida.
    • Unique property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Building Supply Wholesale Shop Bar & Pub Cafe & Coffee Shop Pawn Shop Garden Center Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruskin
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.475912153188
    Latitude
    27.719530442184

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    FAQs

    What type of property is this?
    Multifamily property - Two-home waterfront retreat, high cash flow.
    Where is this multifamily property located?
    The property is located at 3225 Shell Point Rd Ruskin, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity: AirBnB potential.; Prime location in sunny Florida.; Unique property.
    Request Owner's contact information
    3225 Shell Point Rd Ruskin, FL 33570
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    Ruskin, FL 33570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3225 Shell Point Rd Ruskin, FL 33570
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