505 Coronado Way

Indian Harbour Beach, FL 32937
List Price
$829,999
505 Coronado Way
505 Coronado Way - Image 2
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Lance Wolfe
Lance Wolfe
Savvy STR Agent

About This Property

This house got it right! Located in Indian Harbour Beach and within walking distance to the ocean, this completely renovated and updated beachside home brings together coastal living and an incredible private backyard you will never get tired of. Currently operating as an established turnkey Airbnb, this home is ready to enjoy from day one. Inside, the open floor plan draws you in with a bright and inviting layout perfect for entertaining. The kitchen is centered around an oversized island with plenty of room for everyone to come together. The spacious primary suite offers an updated bathroom, generous living space, and a huge walk in closet. Two additional bedrooms and two full bathrooms are located downstairs, while upstairs you will find a private getaway currently serving as the fourth bedroom. Out back is your own fully fenced tropical escape with a resort inspired pool and spa surrounded by travertine, beautiful water features, an outdoor fireplace, and outdoor shower. From mornings at the beach and afternoons by the pool to evenings together in the large main living area, this home was made for the Florida lifestyle. Thoughtful improvements include the A/C, windows, plumbing, garage door, Bahama shutters, irrigation system, and whole house storm panels. Live here full time, make it your beach getaway, or continue its established vacation rental use. This is beachside living at its best.

Luxury
Family-friendly
Adventure
Beach
Hot Tub
Pool
Game Room
Home Theater
Fire Pit
Sauna

Property Details

4
Bedrooms
3
Bathrooms
2,462
Square Feet
1973
Year Built
0.20 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI (optimized)
Avg Daily Rate
Avg Occupancy

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Revenue data from similar short-term rentals in the area

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Savvy Recommended Upgrades

convert garage to game room

Est. $20,000$30,000

wallpaper murals

Est. $3,200$7,000

Red Light Sauna

Est. $3,000$5,000

add firepit

Est. $1,200$5,000

Your Agent

Lance Wolfe

Lance Wolfe

STR Investment Specialist

Cocoa Beach, FL

3
Deals Closed
2
Years Experience

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Listing agent: John Thomas Wrobleski. Listing courtesy of Blue Marlin Real Estate. Information deemed reliable but not guaranteed.

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