Invest in Short Term Vacation Rentals

Condos with Private Beach

Annual Revenue $30,000-$40,000

High rental income and minimal expenses.

Popular Airbnb Community. High end Condos at Low 400’s located on Golf Course Resort Style Island with 18- Hole Championship Golf Course and Private Beaches.

Only 1.5 Miles from St. Pete Beach, just across the bridge.

Great Formula for investment return - High Income/ Lower Expenses.

HOA fees $369-$483 a month cover extra expense:Flood Insurance, Cable, Internet, Water, Sewer, Exterior Building Insurance, Maintenance. Owners pay only for Electricity.

Return Guests - perfect community to build a clientele and have repeat customers.

Minimal Lease 7 days.

Opportunity to buy a propriety with great rental history and short term tenants.

The prices below market peak values.

2 B 2 b Condos 1,170 sq ft -1,215 sq ft.

5 Reasons you should invest in a vacation condo in St Petersburg Fl

1. The prices are below the market peak values and have a great potential for price appreciation. Back in 2006 median selling price of a 2 B condo was $500K. Now these condos are selling for to 400K (community on the Golf Course).

2. Maintenance Fees on the island are one of the lowest on the beach. The average association fees of a 2 B condo range between $369 - $475 per month. HOA fees cover: Flood insurance, Spectrum cable & Internet, Water & Sewer, ground maintenance, building insurance and amenities.

3. High Rental rates. If you decide to rent your condo while you are away, the rental income can help you cover your mortgage payments. The revenue from renting a condo for 10 month is enough to cover a mortgage on the property for the whole year. You can expect to get at least $4,000 to $5,000 per month from January till March which are the peak months for vacationers. Slightly less during April and May, and approximately $3,500 to $2,500 "off season". 

4. Flexibility. There are communities that allow 7-day and 30 day minimum lease. Short term rentals can be extremely lucrative. You can raise prices as you see fit depending on the demand. Travelers expect to pay premium prices over holidays and high-season, so you can easily double your regular nightly prices for that time period. And if no one is staying at your property, you use it for an impromptu vacation.

5. Most of associations on the island are pets friendly. Even your pet wants to live in paradise!