Flamingo Towers Penthouse

C+
Overall Rating

Property Type: Condo

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Rental Grade

  • Rentability:

    A

  • Avg. Daily Rate:

    A

  • Occupancy:

    B

Location Grade

  • Beach:

    A+

  • View:

    A+

  • Location:

    B

Property Details

Bedrooms:
4
Bathrooms:
3.5
Land Size:
121 sqm
Constr. Size:
121 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$1,300,000 USD

ROI:

%

Flamingo Towers Penthouse Overview

From the Vacation rental data and from properties nearby of comparable status, this property could charge an average daily rate of $450 and could achieve an occupancy of 35%. Based on this, at 35% with an ADR of $448, the returns are $60,000, or a 0.9% return.

Those figures are based off the real rental performance of the property based on airbnb data. Realistically this property could perform much better than it currently does with better management.

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