16515 Nassau Way




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Pool | Hot Tub | Fire Pit | Sleeps 16
Galveston, TX

Pelican Lookout | Heated Pool, Spa, Fire Pit, Bar
Jamaica Beach, TX
Savvy Recommended Upgrades
Install hot tub on raised deck
Putting green in side yard
Convert garage>gameroom
Upgrade interior design
About This Property
๐ฅ WATERFRONT STR OPPORTUNITY WITH HEATED POOL + HUGE UPSIDE ๐ฅ Suggested Offer Price: $850k Target Revenue: $210k COC Projections- 27-34% This is the kind of property that checks almost every box guests are looking for in a Galveston-area vacation rental. ๐ Waterfront Canal Home ๐ Heated Pool ๐ Sleeps Up to 12 Guests โ Private Backyard Access to Fishing & Crabbing ๐ก Recently Built โ๏ธ Premium Jamaica Beach Location One of the things families love most about waterfront homes like this? ๐ฃ Catching dinner right from the backyard. That's an experience guests remember and pay for. But what's exciting about this property is that there's still room to separate yourself from the competition. My recommendations: โจ๏ธ Add a hot tub to the elevated deck overlooking the canal โณ Install a putting green ๐ฎ Convert the garage into a game room ๐จ Refresh the design with a brighter, more inviting coastal aesthetic Here's the interesting part... I haven't seen anyone in this market combine: โ Waterfront location โ Heated pool โ Elevated hot tub with water views โ Putting green โ Dedicated game room That combination could create one of the most desirable family-friendly STR experiences in the area. Guests aren't just booking bedrooms anymore. They're booking experiences. The property has also been sitting on the market longer than expected, creating an opportunity for investors willing to negotiate. This isn't a heavy renovation project. The expensive stuff is already done: โ๏ธ Newer construction โ๏ธ Waterfront lot โ๏ธ Heated pool โ๏ธ Strong guest capacity Now it's about creating a better guest experience than the competition. That's where the real value gets unlocked. ๐ฒ Message me for revenue projections, investment analysis, or acquisition strategy.
Property Details
Why I Like This Property
โThis property stands out because of its excellent location, strong rental history, and potential for above-market returns.โ
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Listing agent: Jessica Dillard. Listing courtesy of Save 1900 Realty, LLC. Information deemed reliable but not guaranteed.
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