About this home
An exceptional investment opportunity awaits with this fully updated four-unit townhome complex, offering four spacious residences, two units featuring 3 bedrooms, 2 full baths, and 1 half bath and the other two with 2 bedrooms, 2 full baths and 1 half bath. Renovated throughout, every unit showcases updated kitchens and bathrooms, new appliances, impact windows, and 2022 A/C systems, providing a turnkey opportunity for investors seeking immediate income potential with minimal maintenance. The property offers multiple income streams, with one unit currently operating as a successful Airbnb while the remaining three units are slated for corporate lease occupancy. Each townhome also features a private covered screened patio, creating an inviting outdoor living space for tenants and guests. Ideally located just minutes from the beach, premier shopping, dining, and entertainment, this is a rare opportunity to own a versatile income-producing property in a highly desirable location. Please see Broker Remarks for additional details regarding the current leasing structure. Investment opportunities like this rarely come to market—schedule your private showing today before it's gone!
Listing last checked: Listing updated:
Listed by Laura Marie Auten · Elevate Realty LLC · MLS #B26052283
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Details at a glance
Interior3 property facts
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Vinyl
Building5 property facts
- Style
- Townhouse
- Year built
- 1968
- Parking
- 10
- Foundation
- Slab
- Roof
- Shingle
Land & utilities3 property facts
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RMH-15 (city)
Financial2 property facts
- Annual taxes
- $5,173
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $2,890,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$15,045 / monthAdjust
- Principal & interest
- $14,613
- Property tax
- $431
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,173. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Ter
$899,000 · May 27, 2026
- Ter
$3,900 · May 21, 2026
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About 1216 Surf Road
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