110 S PENINSULA

Property Details

Description

Classic beachside charm just one block from Flagler Avenue! Built in 1929, this corner-lot property offers a 3-bedroom, 2.5-bath main home with basement and detached 1-bedroom, 1-bath guest cottage (approx. 702 SF), totaling 2,295 heated SF. Located in a mixed-use and short-term rental zoning area, it offers flexibility for coastal living and potential vacation rental use. A third-party analysis projects $145,865 in annual gross rental revenue (estimated range $118,000–$176,000), assuming 213 rented nights, 58% occupancy, a $685 nightly rate and no owner use. Estimates are not guaranteed and exclude operating and ownership expenses. The main home features a covered porch, wood floors, French doors, decorative ceilings, fireplace, enclosed sunroom and bright dining area. Its kitchen offers white cabinetry, stainless appliances, open shelving and tile counters. The cottage has a private porch, open living/dining space, equipped kitchen, bedroom, full bath and laundry. A fenced courtyard connects both residences with an inground pool, spacious paver patio and outdoor shower. Roof, windows, patio and basement doors were replaced in 2022, per prior listing information. Stroll to Flagler Avenue shops, dining, entertainment and the beach. Ideal as a coastal retreat, home with guest accommodations or potential rental property. Buyers to verify permitted uses and rental licensing requirements.