Profitable Beachfront PROPERTY MANAGEMENT short-term rental
Asking Price: | $3,300,000 |
Gross Revenue: | $1,569,181 |
Established Year: | 2016 |
Cash Flow: | $679,601 |
Real Estate: | $1,500,000 |
Vacation Homes property management. Includes real estate
Seize a rare chance to own a flourishing property management business strategically positioned along Daytona Beach’s vibrant coastline. Established for eight years, this business has built a strong reputation and manages 49 sought-after studio units within beachfront buildings, attracting a steady stream of vacationers drawn to Daytona’s sun, surf, and year-round events.
With a dedicated Virtual Assistant managing the booking calendar across top platforms like Airbnb, VRBO, Booking.com, and Expedia, you’ll benefit from a hands-off reservation process that ensures seamless guest transitions and full occupancy during peak seasons. The business is skillfully run by the owner and his spouse, who commit around 40 hours per week overseeing financial details, owner payments, and organizing maintenance to keep each unit guest-ready. Trusted third-party providers handle maintenance, cleaning, and pest control, ensuring that operational logistics are efficient and hassle-free.
The Daytona Beach area is renowned for its non-stop events, from world-famous NASCAR races to lively beach festivals, drawing millions of visitors each year. During peak seasons, rental rates for individual units can reach up to $500 per day, translating into significant revenue potential. This prime location, coupled with the established relationships with booking platforms, provides a robust and consistent income stream that’s hard to match.
This business is not only profitable but also offers a lifestyle opportunity. Imagine managing a dynamic, income-generating business from a home base while living in one of Florida’s most iconic beach destinations. There’s also considerable potential for growth, including adding direct bookings, expanding service offerings, or scaling operations to include more units, all of which could further enhance revenue.
This turnkey, income-generating venture is ideal for someone looking to invest in a business that blends profit with the relaxed, sun-soaked lifestyle of Daytona Beach. Don’t miss out on acquiring this established and smoothly-running property management business in one of Florida’s hottest tourist markets.
NDA and PROOF OF FUNDS are MANDATORY if more information is required
VERY IMPORTANT: The sale includes part of the inventory ( 10 studios of the 49, with pristine decoration ). The remaining units have multiple owners.
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