Pelican Creek

About This Home

Want to start the New Year off with a bang?? How does a Completely renovated, Fully furnished, Income producing property, with a heated pool to add to/ or start your portfolio sound? This Adorable 3 bedroom, 2 bath home located in the "unincorporated" area of St Pete, in beautiful South Pasadena is exactly what you're looking for!! This property has been running actively on Airbnb for over a year now, and consistently booked solid, pulling a whopping 20k month after month. Sellers have proven data to back up 110k revenue, equaling a cap rate of 7%, and already 28k in bookings for 2023, which they will even transfer to the new buyer!! To make this home even more appealing sellers have recently done some amazing upgrades such as New fence, Heater for pool, pool resurfaced with pebble TEC, New stamped concrete around the pool, New pool pump, filter, and LED lights, New paint inside and out, AND new irrigation all completed within the past year. (Roof is aprox 10 yrs old, AC 2 yrs) With just being minutes from TOP rated St Pete beach, shopping, popular trendy restaurants and the best night life entertainment. you are sure to be an Airbnb super host in no time!! Property is in a NO FLOOD ZONE, and no HOA!! When looking for your new investment property.. your search begins and ends here!! OWN IT, USE IT, AND MAKE IT WORK FOR YOU