704 East Lincoln Avenue
$795,000
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Description
New price! TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars,...New price! TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars, shops with Indialantic beaches just over the causeway and easy access to US1 and A1A. Established STR operation with high occupancy currently listed on Airbnb, VRBO, direct website and mid-term channels. Professionally managed, property has a long income history, streamlined operations and software stack to optimize occupancy and rates. This is a great passive investment opportunity, turnkey self-managed STR or 1031 exchange. Professional management with Superhost status can continue.
- Listed by Andrea Aylett-Hosch • Pineapple Place Realty, LLC
Property Details for 704 East Lincoln Avenue
Directions
From I95 take SR192 505 miles towards Melbourne, then turn left on Livingston st., then right on E Lincoln Ave - the property is on your left
ZoningCommercial
LISTING UPDATED: 11/15/2024 06:10 AM
Property Details for 704 East Lincoln Avenue
Status | Active |
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MLS # | 1025998 |
Days on Market | 50 |
Rental Incentives | - |
Available Date | - |
Lease Term | - |
Furnished | Fully Furnished |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1926 |
Lot Size | 0.20 AC / 8,712 SF |
County | Brevard County |
Building Information for 704 East Lincoln Avenue
Stories-Residences4Year Built1926Building Size-Lot Size0.20 AC / 8,712 SF
Property Information for 704 East Lincoln Avenue
Property History for 704 East Lincoln Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 704 East Lincoln Avenue
This home is within Brevard Public Schools.
Rating | School | Type | Grades | Distance |
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Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
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Harbor City Elementary School PublicPK to 6 | ||
Herbert C. Hoover Middle School Public7 to 8 | ||
Melbourne Senior High School Public9 to 12 | ||
Westshore Junior/Senior High School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.