Detailed Introduction Of This Home
Discover this prime beachside multifamily asset at 5151 Neptune Square on the pristinesand of Mandalay Beach. This premier asset offers an Investor/Owner the opportunity tooccupy a unit while having the property expenses covered. Investors are also encouraged toexplore the potential of venturing into the short-term rental market.The property comprises a single +/-6,983 SF building on +/-8,056 SF lot, with 7 total units including(4) 2BD/1BA, (2) 3BD/2BA and (1) 2BD/2BA units, each offering spacious living with modernamenities and captivating ocean views.The property's beachy facade & interiors echo the serene atmosphere of the surroundings,making this an attractive retreat for tenants and vacationers alike. Step outside to experiencethe charm of a spacious beachfront patio, perfect for summer barbecues and sunsetgatherings. Positioned perfectly in the Mandalay Beach neighborhood, the property boastsdirect beach access, ensuring that tenants enjoy the quintessential California lifestylewithout having to walk or drive to it.This asset not only promises immediate cash flow but also presents a rare chance tocapitalize on the thriving local tourism and rental markets.