16515 Nassau Way

Jamaica Beach, TX 77554
List Price
$995,000
16515 Nassau Way
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Pool | Hot Tub | Fire Pit | Sleeps 16

Pool | Hot Tub | Fire Pit | Sleeps 16

Galveston, TX

ADR
Occupancy
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Pelican Lookout | Heated Pool, Spa, Fire Pit, Bar

Pelican Lookout | Heated Pool, Spa, Fire Pit, Bar

Jamaica Beach, TX

ADR
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Revenue
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Savvy Recommended Upgrades

Install hot tub on raised deck

Est. $15,000$15,000

Putting green in side yard

Est. $5,000$10,000

Convert garage>gameroom

Est. $10,000$10,000

Upgrade interior design

Est. $25,000$30,000

About This Property

๐Ÿ”ฅ WATERFRONT STR OPPORTUNITY WITH HEATED POOL + HUGE UPSIDE ๐Ÿ”ฅ Suggested Offer Price: $850k Target Revenue: $210k COC Projections- 27-34% This is the kind of property that checks almost every box guests are looking for in a Galveston-area vacation rental. ๐ŸŒŠ Waterfront Canal Home ๐ŸŠ Heated Pool ๐Ÿ› Sleeps Up to 12 Guests โš“ Private Backyard Access to Fishing & Crabbing ๐Ÿก Recently Built โ˜€๏ธ Premium Jamaica Beach Location One of the things families love most about waterfront homes like this? ๐ŸŽฃ Catching dinner right from the backyard. That's an experience guests remember and pay for. But what's exciting about this property is that there's still room to separate yourself from the competition. My recommendations: โ™จ๏ธ Add a hot tub to the elevated deck overlooking the canal โ›ณ Install a putting green ๐ŸŽฎ Convert the garage into a game room ๐ŸŽจ Refresh the design with a brighter, more inviting coastal aesthetic Here's the interesting part... I haven't seen anyone in this market combine: โœ… Waterfront location โœ… Heated pool โœ… Elevated hot tub with water views โœ… Putting green โœ… Dedicated game room That combination could create one of the most desirable family-friendly STR experiences in the area. Guests aren't just booking bedrooms anymore. They're booking experiences. The property has also been sitting on the market longer than expected, creating an opportunity for investors willing to negotiate. This isn't a heavy renovation project. The expensive stuff is already done: โœ”๏ธ Newer construction โœ”๏ธ Waterfront lot โœ”๏ธ Heated pool โœ”๏ธ Strong guest capacity Now it's about creating a better guest experience than the competition. That's where the real value gets unlocked. ๐Ÿ“ฒ Message me for revenue projections, investment analysis, or acquisition strategy.

luxury
adventure
pet-friendly
remote-work
beach
hot tub
pool
game room
fireplace
outdoor kitchen
fire pit

Property Details

4
Bedrooms
3
Bathrooms
1,940
Square Feet
2022
Year Built
0.15 ac
Lot Size
Single Family
Property Type
$2/mo
HOA Fee

Why I Like This Property

โ€œThis property stands out because of its excellent location, strong rental history, and potential for above-market returns.โ€

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Aaron Dominy
Aaron Dominy
Savvy STR Agent

Your Agent

Aaron Dominy

Aaron Dominy

STR Investment Specialist

Galveston, TX

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Listing agent: Jessica Dillard. Listing courtesy of Save 1900 Realty, LLC. Information deemed reliable but not guaranteed.

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