88426 2ND AVE

Florence, OR97439

Incredible and rare opportunity! This beautifully updated ocean view getaway has everything you need for a full-time residence, coastal retreat, or investment property. With a newer roof, Hardi-lap siding, brand-new septic system (2025), refreshed interior, and exterior paint scheduled for September, this property is move-in ready and low maintenance. Currently a highly successful vacation rental with a strong history over the past three years, this property produces an impressive CAP rate of approximately 11%. The versatile layout includes a 3-level, 2 bedroom, 2.5 bath main home plus a detached guest studio cottage renovated just 24 months ago. Guests enjoy privacy, ocean views, and quick access to the beach—making this a sought-after rental destination. Inside, the home is warm and inviting with an enclosed sunroom off the front porch, a spectacular view deck from the upstairs bedroom, and a separate entrance for the downstairs suite. Solid-surface counters, newer appliances, tile and laminate floors, and a cozy pellet stove add comfort and style. Step outside and take in panoramic ocean views from every level, or walk just steps to the beach. RV parking offers added flexibility for guests or personal use. The detached cottage provides extra living space, making it ideal for extended family, guests, or additional rental income. Located minutes from shopping, dining, and the charm of Florence’s Historic Old Town District, this property offers convenience alongside coastal beauty. Much of the newer furniture and vacation rental setup may be included or negotiated separately, giving buyers a turnkey investment option. Whether you’re seeking an income-producing vacation rental, a private getaway, or a full-time coastal residence, this property delivers it all—rare ocean views, proven rental success, and space for guests.

Listing courtesy of John Barnett of Coldwell Banker Coast Real Est 5417298089



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