HomeStakes Top Property Picks June 25
Welcome to this week's exclusive list of some of the most lucrative vacation rental properties across the country! This week we dive into properties across Texas, California, and Florida that stand out as short-term rentals.
For those new to our lists, or who need a refresher on our criteria and terms used in our lists, please review our post covering HomeStakes Top Property Lists. Here, you'll find all the details on how we break these lists down to the key criteria we are evaluating and why.
This list is designed to save you time and stress when navigating the vacation rental property market, and ultimately make your next investment decision easier and faster. Our team of experts has carefully curated this weekly list based on criteria such as estimated revenue, occupancy rate, daily rate, and all other crucial factors that contribute to a property's success.
If you are not looking to currently buy investment properties, you can learn more about real estate investing with our other FREE resources HERE.
Dive into our top properties of the week and discover what makes them stand out in the vacation rental market. Equip yourself with the knowledge you need to make informed decisions and excel in your vacation rental property investment journey!
Clearwater, Florida, Vacation Homes
1550 Midnight Pass Way, Clearwater, FL 33765
List Price: $669,000
Accommodations: 3 Bed / 2 Bath - 2,538 SF on 0.27 Acres lot
Total estimated revenue: $68,300
Occupancy rate: 55%
Daily rate: $340
NOI: $45,741
Location: B+
Property Summary: 3 beds, 2 baths, built in 1985, plus a den/study. Split bedroom plan, open floor, vaulted ceilings, and hardwood floors. New energy-efficient windows. Amortech double entry doors. Flagstone fireplace in the living room with dining area. Casual dining and breakfast bar off the kitchen. Irrigation system with deep well. Remodeled accessible master bath with dual sinks, quartz counter, raised ceiling, recessed lighting, and spacious shower. Two zoned Trane AC systems (one new in 2022). Extras: leaf filtration gutters, laundry room with washer and dryer, 2-car garage, mature landscaping, covered rear patio, sidewalks, no flood insurance needed, and finished attic with insulation.
Notes: The interior and exterior are in perfect turnkey condition, requiring only a bit of mowing around the house at a small cost; conveniently located near excellent schools, shopping, dining, markets, parks, and entertainment, and just 15 minutes away from St. Pete–Clearwater International Airport and Mease Countryside Hospital.
1613 S Lady Mary Dr, Clearwater, FL 33756
List Price: $580,000
Accommodations: 3 Bed / 2 Bath - 1,786 SF on 9,784 sqft lot
Total estimated revenue: $64,429
Occupancy rate: 60%
Daily rate: $294
NOI: $42,373
Location: A-
Property Summary: 3 beds, 2 baths pool home built in 1971. Step outside to your private oasis with a sparkling pool, recently resurfaced. Enjoy well-manicured landscaping and a shed for storage. The updated kitchen is the heart of the home. Roof and electric panel updated within the last 7 years; A/C replaced last year.
Notes: The interior and exterior are in perfect turnkey condition, requiring only a bit of mowing around the house and some tree trimming at a small cost. The enclosed pool area is the ultimate spot for outdoor entertaining, basking in the Florida sunshine, or simply enjoying a refreshing dip on warm summer days, offering the perfect blend of relaxation and entertainment in your own backyard. Conveniently located in Clearwater, this home provides easy access to pristine beaches, vibrant downtown areas, top-rated schools, shopping, dining, parks, and entertainment options, ensuring you're never far from the best that Florida has to offer. It is also close to St. Pete–Clearwater International Airport and Mease Countryside Hospital.
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