🔥 (22) Turnkey STR Homes for Sale | 7-13-24

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Hello STR Scout Members,

🔥 Here's what you can look forward to:

• Trending STR Homes for Sale: Explore (22) new STR Homes for Sale in (13) STR markets.

• Trending News Nuggets: Catch up on this week’s real estate investor and economic headlines.

Have a great weekend!

Best regards,

Andy Thoms
STR Scout

UPCOMING REAL ESTATE EVENT - INMAN CONNECT

Check out the lineup of real estate industry CEOs speaking at this event. This event is unparalleled for gaining insights into the current real estate market and future trends in real estate and technology. STR Scout will be reporting live, and we hope to see you there!

Luxurious Mountaintop Retreat | Ideal STR

🏡 $2.2M | Fletcher, NC: Exquisite 7BD, 7BA retreat, 9644 sqft, stunning mountain views.

• Located on 10 acres with long-range, western-facing views for spectacular sunsets.

• Five ensuite bedrooms perfect for hosting guests or potential bed & breakfast.

• Your own helipad and hangar for easy access!

• Average Host: $297k-$354k | Super Host: $354k-$478k

View Property Details
STR Agent: Tyler Coon
Text or Call: (828) 620-2541

Want to see your property here? Click here to start:

Beautiful STR Townhome on North Padre Island

🏡 $535K | Corpus Christi, TX: Stunning 3BD, 3BA townhome, 1364 sqft, perfect coastal retreat.

• Selling fully furnished - Turnkey property

• Located in Bermuda Bay Resort with 2 swimming pools and numerous amenities

• Recent $10,000 price reduction - ready to sell

• Gross Rental Income $35,000 - $40,000 per year

View Property Details
STR Agent: Debra Brock
Text or Call: 1-361-215-6635

Want to see your property here? Click here to start:

STR CLASSIFIEDS | OFF-MARKET PROPERTIES

💰 STR Loan Quote: Get an STR loan pre-approval letter, DSCR loan, cash-out refi, or rehab loan in minutes.

$7.885M | Orlando, FL: 3 luxury estate homes + management company grossing $2.4M in 2023 with $850K profit. Featured in mass media. Includes 4th home exclusive management, customer database, and more. View Post.

$1.5M | Big Bear Lake, CA: Turnkey 5BD, 4.5BA home in Moonridge, 1 mile from Big Bear Mountain Resort. 3700 sq ft with full kitchen, library, entertainment room, sauna, and multiple decks. 2023 revenue of $200K. View Post.

$1.400M | Lake Ariel, PA: Exquisite 5BD lakefront estate on 4 acres with 91 ft of frontage. Features pool, basketball court, and income potential of $110K+. Turnkey with furnishings. View Post.

$700K | Fort Lauderdale, FL: Fully furnished 4BD, 3BA (3/2 + studio) with approved plans for duplex. Nearly 10,000 sq ft lot zoned for multifamily. 10 min from the beach. Value projected at $1.3M-$1.4M once completed. View Post.

$258K | Dallas, TX: Recently renovated 1BD, 1BA 750 sq ft condo. Grosses $2600-$2800/mo on Airbnb. Private entry, turfed yard, cedar deck, dedicated workspace. Turnkey with furniture, superhost profile, and bookings. View Post.

$625K | Branson, MO: 5BD, 4BA 3500 sq ft townhome in a golf course community. Two full kitchens, game room, screened back deck. Grossed $82K last year, 4.95 star rating on Evolve. Turnkey with $20K future bookings. View Post.

$2.5M | Fayetteville, WV: Established lodging with 8 cabins and 4 tiny houses, accommodating up to 56 guests. Located minutes from New River Gorge National Park. Strong rental history. View Post.

$1.795M | Hilton Head, SC: Turnkey vacation home in prestigious Sea Pines. Renovated with 4BD, private pool, hot tub, and swim-up bar. $176K rental income in 2022. View Post.

$565K | Daytona Beach, FL: 3BD, 2BA oceanfront condo with expansive ocean views. Open floor plan, custom stone fireplace, quartz countertops, private balcony, fully furnished. Turnkey with existing bookings. View Post.

STR CLASSIFIEDS | LISTED PROPERTIES  

💸 STR Insurance Quote in seconds to see how much you can save! What are you waiting for?

$549K | Cottontown, TN: 3BD, 2BA home on 5 acres with mature trees and a pickleball court. Upgraded kitchen with stainless steel appliances, granite countertops, and open floor plan. Completely furnished. View Post.

$360K | Colorado Springs, CO: Top 10% Airbnb, 4.98 rating, 370+ reviews. Grossed $60K in 2023. 2BD, 1.5BA townhouse with backyard and garage. Turnkey option available. View Post.

$1.495M | Panama City Beach, FL: Stunning 4BD, 3BA beach home with 2-car garage. Private deck and pool overlooking lagoon. Updated and ready for immediate move-in or Airbnb use. View Post.

$1.174M | Smoky Mountain, TN: Gorgeous custom 3BD, 3.5BA cabin in Shagbark subdivision. Features indoor pool and 2,600+ sq ft. Projections of $125K-$135K in rental income. All 5-star reviews! View Post.

$875K | Hollister, MO: Stunning 7BD, 6BA short-term rental in Branson Canyon, sleeps 18. Backing to woods, with hot tub and access to pools and clubhouse. Strong $110K annual income. View Post.

$799K | Morganton, GA: Fully modernized 2BD, 2.5BA mountain chalet on 1.55 acres with long-range views. Open floor plan, high-end finishes, hot tub, and strong rental potential. Turnkey investment opportunity. View Post.

$319K | Panama City Beach, FL: Beautifully renovated beachfront studio in a top-performing complex. Perfect for investment or personal use. Ready for its new owner! View Post.

$340K | Hot Springs, AR: 2BD, 2BA condo, fully furnished and STR allowed. Includes covered parking and a boat slip. View Post.

$799K | Blue Ridge, GA: Newly renovated 2BD, 2.5BA home at 2600 ft elevation with panoramic Blue Ridge Mountain views. New kitchen, hot tub, gaming area, recent roof and AC upgrades. Strong income potential. View Post.

$798K | Bradenton, FL: Luxurious 3BD, 3BA penthouse in Margaritaville Marina Walk. Gourmet kitchen, high ceilings, large lanai with water views, turnkey. Resort amenities. View Post.

$399K | Mentone, AL: 2BD, 2.5BA cabin atop Lookout Mountain. Sleeps 8+. Vaulted ceiling, eat-in kitchen, loft game area, hot tub, fire pit, small stream. Turnkey rental with great history. View Post.

$999K | Ottawa, IL: 2BD, 2BA lakefront home on 107 acres with 5 ponds. Open floor plan, cozy fireplace, expansive screened porch. Ideal for vacation or investment. View Post.

$425K | Swanville, ME: 3BD, 3BA multi-level camp on Swan Lake. Open-plan kitchen, large windows, recreation room, private dock. New roof in 2024. Proven Airbnb success. View Post.

TRENDING NEWS NUGGETS

🏘️ Investor Share Peaks Amid Low Home Sales: Investors made up 14.8% of Q1 2024 home purchases, the highest share ever recorded, despite overall sales hitting decade-plus lows. Small investors now dominate, while large investors pull back. The Midwest and South see the most investor activity, driven by affordable housing and rising rents. This trend limits homes for sale but boosts rental inventory. — Realtor.com

🏖️ Top States for Vacation Rental Income: Vacation rentals can significantly boost income. Top states for investment include California, known for its beaches and cities; Florida, with year-round sunshine; Nevada, offering attractions beyond Las Vegas; North Carolina, featuring beaches and mountains; and South Carolina, with affordable homes and low property taxes. — Aol.com

🤖 Generative AI's Impact on Real Estate Agents: Generative AI is set to revolutionize real estate, enhancing tasks like creating property descriptions, analyzing photos, and generating VR/AR walkthroughs for yet-to-be-built properties. This tech trend could add up to $180 billion in value, reshaping roles as agents adopt AI to augment their abilities and personalize client interactions. — Forbes

🏡 Generative AI for Smart Staging & Faster Deals: Real estate agents can now use generative AI for efficient property staging, crafting property descriptions, and analyzing market trends. AI tools, like AI HomeDesign, enable virtual staging in seconds, cutting costs and time compared to traditional methods. This tech revolution boosts productivity, making agents' workflows smoother and more effective. — NAR

🏛️ Florence STR Ban Overturned: Tuscany's court reversed the ban on new short-term rentals in Florence's historic center. This decision challenges the city's effort to limit STRs and highlights the need for clear, effective regulations. The is positive news for STR investors, and could influence other Italian cities. — Short Term Rentals

⚠️ New Threat to US Economy: While inflation has cooled, rising unemployment is now a significant concern. Economists urge the Fed to cut interest rates soon to prevent a recession. Despite a still-strong job market, signs of strain are evident, with slower hiring and increased unemployment rates. The challenge is balancing inflation control without triggering economic downturns. — CNN

🏠 U.S Housing Bubble Warning: A "massive" housing bubble in the American South is on the verge of bursting, warns Nick Gerli of Reventure Consulting, citing record-high inventory and overvalued home prices. However, some experts, like Mark Fleming from First American Financial, argue that supply-demand imbalances will keep prices stable. The situation highlights regional volatility amidst broader market uncertainty. — Yahoo Finance