Property Description

A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,950,000 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!