1029 Park Dr - Apartments FOR SALE


Indian Harbour Beach, FL 32937
$7,355,000 USD
321-388-4394
1029 Park Dr, Indian Harbour Beach, FL for Sale
$7,355,000 USD
Apartments - FOR SALE
1/21
null | 7% Cap Rate

1029 Park Dr
Indian Harbour Beach, FL 32937


OVERVIEW

Ocean Harbour Rentals is a 32-unit beachside multifamily portfolio ideally situated at 1029–1031 Park Drive in Indian Harbour Beach, Florida, just steps from the Atlantic Ocean. The property is comprised of 16 fully furnished short-term Airbnb units and 16 long-term rental apartments, offering investors a rare opportunity to capture both stable cash flow and high seasonal upside in one of the Space Coast’s most desirable coastal submarkets. Each unit has been tastefully updated with modern interiors, turnkey furnishings, and professional management systems in place, allowing for seamless operation and immediate income. Located minutes from Patrick Space Force Base, major employers, shopping, and dining, Ocean Harbour Rentals combines prime location, diversified income, and proven performance.

FOR SALE DETAILS

PRICE

$7,355,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

32

PRICE/UNIT

$229,844

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean Harbour Apartments & Airbnb

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

R3

APN/PARCEL ID

27-37-12-26-00000.0-0021.00

ASK ABOUT THIS PROPERTY

Johnny PullmanThe APT Brokers.comMore Info
321-388-4394

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Johnny PullmanThe APT Brokers.comMore Info
321-388-4394

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.