Description
Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.Over 40k in bookings for 2022 through July alone.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 50701
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2BEDS
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0.07ACRES
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1BATHS
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01/2 BATHS
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504SQFT
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$1,389$/SQFT
School Ratings & Info
Description
Chance to own a Diamond in the Rough 'The World Famous Island Dog Villa' extremely unique 2 Bedroom 1 Bath Detached Villa.Over 40k in bookings for 2022 through July alone.This property is Zoned Hotel/Motel meaning the property can legally be rented nightly, weekly, monthly, or used for primary living. The property is currently rented at a 97% Occupancy rate with a Cap Rate of over 8% and climbing. Property is professionally designed and decorated and being sold As / Is with all furniture and furnishing including all Fish Mounts included.Amazingly designed with 2 Split Bedrooms, fully equipped Kitchen with Stainless Steel appliances and Granite. Full Sized Washer and Dryer.In 2019, property was converted from septic to sewer.In 2020 completely renovated Salt Water Heated and private community pool.Community has a private boat ramp.This is a turn key property with an established business. All Bookings will transfer to new owners and current owner / operator will work with new buyers throughout the process.Also listed as ML 50701
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