Crystal Beach Ocean Front Turnkey STR $625k

2496 Gilmore, Crystal Beach

ROI

24.12% IRR

Strategy

Short Term Rental

Front-row, true oceanfront short-term rental with a proven income history and strong built-in equity. The property has generated consistent revenue above $100k/year with confirmed gross income of $108,515 (2023), $101,664 (2024), and $102,462 (2025). Seller originally purchased in May 2022 for $835k and invested approximately $85k in renovations. Seller is motivated. I suggest starting at $625k. This is a turnkey, fully furnished STR with 258 VRBO reviews and a 9.6/10 rating. The home was built in 2014 and has seen major capital updates in the last 3 years including new AC, water heater, most appliances and septic system. Property is professionally managed and on a maintenance plan. Rare opportunity to acquire a stabilized, oceanfront STR at a meaningful discount.

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Crystal Beach Ocean Front Turnkey STR $625k

Listed 02/17/2026

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2496 Gilmore, Crystal Beach

Purchase Price:$625,000

Cash Outlay:$168,750

Cashflow:$9,819/mo

Cap Rate:8.23%

IRR:24.12%

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