Modern and legally licensed turnkey, income-producing multi-family with 8-Cap Rate. Located in a prime beachside area. This upgraded duplex includes a 3-bed/2-bath unit, a 1-bed/1-bath unit, and a extra in-law studio with its own full bath and kitchenette. Each unit features modern finishes, private entrances, and assigned parking. The property generated 124,545 in gross income in 2024— even with a two-month pause to enhance the property. It is licensed by the city for transient rental use with future bookings in place, allowing the next owner to step in and immediately begin earning income. Zoned RM-20 with redevelopment potential for two three-story townhomes. A rare opportunity to acquire a professionally renovated property in one of the area’s most desirable coastal neighborhoods.