Purchasing a vacation rental property on Anna Maria Island is an approach many AMI lovers take to have a place for their own vacations that can help pay for itself. There are certain criteria that make some rentals more successful others. Here is a shortlist:
- At least 3 bedrooms
- A pool
- A short walk to the beach
There are other things that can help you compete with all of the other wonderful properties out there, but those three are key; this home has them all, and then some. This pool home has 5 bedrooms and 4 bathrooms, which is perfect for larger families wanting to vacation together. It has a beautiful pool and tiki bar and outdoor entertainment area, as well as a ping pong table. The kitchen is beautiful, and the downstairs master opens to the pool area. It also has an elevator, which is a boon for older renters who may have trouble with stairs.
The home sits a block and a half from the beach, meaning renters can walk to it in under 5 minutes, something important to many people who rent yearly on Anna Maria Island. If you are looking for an investment property that you can use as well to vacation here on AMI, this is a great option to consider. It has an excellent rental history, so you wouldn’t be starting from scratch.
If you would like to crunch the numbers on this home, we can get the rental history and look at the expenses to income ratio. I work with very knowledgeable mortgage and brokers and insurance agents who can help you look at the hard numbers. To discuss this further, schedule a showing, or if you need any information on homes on Anna Maria Island or in surrounding communities, I can help. Email me or call my cell at 570-878-6098.