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5522 Thomas Drive
About This Property
Welcome to your private tropical oasis--this beautifully updated and professionally designed home offers stunning Gulf views, exceptional indoor-outdoor living, and outstanding short-term rental potential in one of the most desirable areas along Thomas Drive.
Thoughtfully curated with high-end finishes, lush landscaping, and inviting entertaining spaces, this property is built to impress both owners and guests alike. The open-concept living, dining, and kitchen area on the second floor is filled with natural light and flows seamlessly onto a spacious balcony--perfect for taking in Gulf views and coastal breezes.
With two master suites plus two additional generously sized bedrooms, this home comfortably accommodates large groups, maximizing occupancy and rental income. The first-floor master suite features a private entrance and lock-out capability, creating the ideal setup for a separate rental unit or flexible guest quarters--an investor's dream for dual-income potential.
Step outside to your own fenced backyard retreat, complete with a 7-person hot tub, designed for relaxation and memorable guest experiences that drive repeat bookings and top-tier reviews.
Located just steps from the beach and minutes from dining, entertainment, and outdoor adventure--including St. Andrews State Park--this home offers the perfect balance of privacy and accessibility in a high-demand vacation market.
Investment Highlights:
• Strong Airbnb / VRBO income potential
• Flexible lock-out floor plan for multiple revenue streams
• Gulf views + walkable beach access (premium nightly rates)
• Turnkey condition--ideal for immediate rental or personal use
• Located in a proven high-demand vacation rental corridor.
Whether you're looking for a high-performing investment or a luxurious coastal escape, this property truly offers the best of both worlds.
(Buyer to verify all information and dimensions deemed important.)
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017