The Tivoli Townhome Renovation Outcome
The Tivoli townhome in Sandestin grossed $36,000 in 2018 under different management. Since joining BBV’s management program and undergoing BBV's enhancements, this vacation home produces over $70,000 a year in rental revenue with heavy owner usage.
The St. Maarten Silver Shells Condo Renovation Outcome
Prior to joining BBV's management program, this 3 bedroom St Maarten in Silver Shells condo generated $23,900 in rental revenue when the summer season rental rate was $525 per night. BBV completely updated this vacation home and it generated over $42,000 within the first three months. The summer season rental rate was increased to $650 per night, $125 more per night, and the summer fully booked out. With limited owner occupancy in summer and spring seasons, this Destin gem will produce $90,000 to $95,000 a year. What a difference a face lift makes to your revenue stream!
Silver Beach Towers Renovation Outcome
90% of the two bedroom vacation homes in Silver Beach Towers rent for $405 to $425 per night during peak summer season. Once we modernized this unit on a limited budget, we completely booked the summer season at $600 to $700 per night. The occupancy and nightly rates overall have exceeded our expectations, this 2 bedroom condo is in high demand and groses over $111,000 per annum in rental revenue. A little paint and updated furnishings go a long way!
A New Home In Miramar Beach
This is a newly constructed home in Miramar Beach. Michelle Walker designed the kitchen, baths, pool, flooring, furnishings, art and color palate. Prior to this home being built, this size home in Shipwatch generated approximately $65,000 to $70,000 per year. All in, the total cost was approximately $900,000 (this includes the lot, home construction and furnishing) first years rental revenue exceeded $120,000. The property sold within the year for $1,285,000. Professional design matters and will maximize your profit!
Transform Your Property With Our Design and Renovation Expertise
Let the Beyond Blue team help you turn your property into a viable income producing investment so you can have peace of mind knowing your home has the best care possible.
Michelle Walker has been recognized as one of the top professionals in the design and renovation industry along the Emerald Coast. Her understanding of changing market trends, local culture, and attention to detail will cause your vacation home to generate the greatest interest, leading to more reservations over similar homes in its class. Beyond Blue managed properties simply generate more revenue for owners, period!
