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305 59Th St Holmes Beach, Florida 34217 MLS# MFRA4645732
Investor Special - Holmes Beach - Walk to the Gulf. Blank canvas in the heart of Holmes Beach—just a 5-minute stroll to the white sand and turquoise waters of the Gulf. This 4 bed, 2 bath ranch-style home has been fully demo’d post-Milton and is primed for a full renovation. Surrounded by dozens of successful short-term rentals, the location screams income potential. Airdna.com projects $158K+ in gross annual rents as a 4/2 with a separate 1/1 in-law suite. Even better — we’re including architectural plans to take this to a 4 bed, 3 bath, fully optimized for rental income, including that money-making in-law suite. Plenty of upside here—renovate, rent, or resell. No HOA. Zoned for weekly rentals. Opportunities like this don’t pop up often in this area. Cash or hard money only—bring your contractor and vision. *2024 taxes and Code violations will be resolved prior to closing ** FEMA is not requiring this house to be elevated. ***Can provide architectural plans on 4/2 plus 1/1 in-law suite.
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