Flamingo Marina Real Penthouse 133

Property Description: *Sale Pending as of 19th Feburary

This property is a 3-bedroom, 2 storey penthouse condo in Flamingo Marina. This property is currently pending sale. The property is decorated, furnished and very well equipped with all amenities.

The property is in a great location, and the condo is already listed on Airbnb, so assuming one can achieve similar or better results with no renovations, one could achieve a daily rate of roughly $236, and an occupancy of at least 47%, the estimated return is around $47,000 in the first year of ownership, or between a 5% and 6% return on investment. In comparison to other condos in the same complex and Marina development area, this investment would benefit from a lowering of daily rate.