Galveston Off-Market Short Term Rental $1.3M
116 Starfish St, Surfside Beach
ROI
48.56% IRR
Strategy
Short Term Rental
An exceptional STR opportunity and Steffen Realty off-market exclusive. Turnkey STR operation, beachfront in Surfside Beach. The property averaged $21,750 per month for the last 2 years. The current owners manage it remotely from Austin and will help transfer their remote management system including handymen and cleaning contacts. All furnishings and decor included with the sale. This is a proven producer, 100% turnkey str operation, that will cashflow heavy. New roof 2024 and $100K+ in renovations to optimize for STR. No HOA. Insurance: $9,745 Taxes: $14656.
