Summary:
Brand-New, beautifully-renovated Luxury Vacation Home on Crystal Beach in the Emerald Beach development! Experience coastal living at its finest in this newly remodeled beach retreat, boasting breathtaking views and close proximity to the ocean. No expense spared! Â Situated on a spacious, double, lot, this property features a designer-kitchen with island that seamlessly blends living, dining, and kitchen areas, perfect for modern lifestyles. Ample windows frame warm gulf displays, filling the home with natural light. The master suite, a true oasis, offers privacy and luxury with its elegant, en-suite bath. Resting underneath this gorgeous beach home, you’ll find ample storage and even an outdoor shower to rinse off after an unforgettable day building sandcastles. This beach house gem combines style, comfort, and a prime location to provide an unrivaled, relaxing experience.
Address:
965 Palmetto Dr., Crystal Beach, TX 77650
Short-Term Rental / Air Bnb Info (Air DNA):
Sleeps: 8-12
Average Daily Rate (ADR): $380/ Night
Forecasted Occupancy: 51%
Forecasted Potential Gross Income (PGI): $70,750
Long-Term Rental Rate: $2200-$3,000 / Month
Taxes: $7,444 ($620/mo)
Insurance: $230/ Month
Estimated Net Operating Income (NOI): $45,400
Capitalization (Cap) Rate (STR): 12.5%
Annual Cash on Cash Return (20% Equity): 56.75%
Starting Price: $399,950
