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Ocean Harbour Apartments & Airbnb 1029 Park Dr 32 Unit Apartment Building $10,005,153 CAD ($312,661 CAD/Unit) 7% Cap Rate Indian Harbour Beach, FL 32937
Executive Summary
Ocean Harbour Rentals is a 32-unit beachside multifamily portfolio ideally situated at 1029–1031 Park Drive in Indian Harbour Beach, Florida, just steps from the Atlantic Ocean. The property is comprised of 16 fully furnished short-term Airbnb units and 16 long-term rental apartments, offering investors a rare opportunity to capture both stable cash flow and high seasonal upside in one of the Space Coast’s most desirable coastal submarkets. Each unit has been tastefully updated with modern interiors, turnkey furnishings, and professional management systems in place, allowing for seamless operation and immediate income. Located minutes from Patrick Space Force Base, major employers, shopping, and dining, Ocean Harbour Rentals combines prime location, diversified income, and proven performance.
Property Facts
| Price | $10,005,153 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $312,661 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.17 AC |
| Cap Rate | 7% | Building Size | 31,356 SF |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Zoning | R3 | ||
| Price | $10,005,153 CAD |
| Price Per Unit | $312,661 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 31,356 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 33 | - | 800 |
1 1
Property Taxes
| Parcel Number | 27-37-12-26-00000.0-0021.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,031,047 CAD |
Property Taxes
Parcel Number
27-37-12-26-00000.0-0021.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,031,047 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Ocean Harbour Apartments & Airbnb | 1029 Park Dr
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