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Galveston Off-Market Short Term Rental – $1.2M

116 Starfish St, Surfside Beach
ROI
34.96% IRR
Strategy
Short Term Rental
Exclusive off-market beachfront STR averaging $21,750 per month over the past two years. Fully turnkey with furnishings, décor, and remote management systems (handymen and cleaners) that transfer to the new owner for just $15k. Recent upgrades include a new roof (2024) and over $100k in STR-focused improvements. This is a proven, high-performing asset in one of Texas’ top vacation markets. Insurance $9745. Taxes $14656.

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Galveston Off-Market Short Term Rental – $1.2M

Listed 06/03/2025

116 Starfish St, Surfside Beach

Purchase Price:$1,200,000

Cash Outlay:$324,000

Cashflow:$4,990/mo

Cap Rate:10.77%

IRR:34.96%

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