Yes, this was our biggest check in weekend…so it makes sense to starting planning ahead for our 2014 rental season!
The expectations of a beach rental have obviously changed over the years. A basic property is likely to be passed over in favor of the updated “Coastal Living†décor home.
So what do tenants need/want?
Large HD televisions with full cable package (one main set, with additional sets in bedrooms)
Wireless Internet – has become a necessity
Newer mattresses/ attractive bed coverings (some owners are providing linen service to gain a competitive edge)
Newer furniture and flooring
Newer appliances- including kitchen counter top items
Air conditioning (with a service contract for prompt repairs)
Well stocked kitchen, extra light bulbs, some paper products, cleaning products, and bug spray (for the common summer ants)
Comfortable deck/porch furniture
Grill with a wire brush to keep it clean
Extra trash/recycle cans (the average home needs 3 cans for regular trash, and 2 for recycling items)
Welcome Book with information & instructions (especially regarding the electronics)
What’s Selling?
There were a total of 26 properties in Avalon and Stone Harbor sold (settlement) in the past 30 days.
7 condo/townhouse styles sold, ranging in price from $160,000 for a 1 bedroom unit located over a commercial building on 83rd Street; to $1,026,500 for a 2400 square foot side by side style on 87th Street. Â The median selling price for condo/townhouse units:Â $505,000.
18 single family homes sold, ranging from $825,000 for a home built in 2003 on 23rd Street; to $2,975,000 for a beach block home with a pool built in 2000 on 113th Street. The median selling price for single family homes:Â $1,785,000.
In addition, there are a record 65 properties in Avalon, Stone Harbor sale pending, with a median asking price of $1,150,000.
Please let me know if I can provide more specifics. Â Thank you for your interest! Â ann@anndelaney.com