$8,900,000.00 904 Ocean Boulevard

Casa Margarita is a premier oceanfront estate featuring 10 bedrooms and 11.5 bathrooms, comfortably accommodating up to 22 guests. With rental income potential exceeding $800,000 and a rare, grandfathered license for 22 occupants, this property stands among the top-performing rental homes on the island.Perfectly positioned on the oceanfront, Casa Margarita offers breathtaking sunrise views over the Atlantic and an exceptional array of upscale amenities. Enjoy a private pool with attached kiddie pool, above-ground hot tub, expansive outdoor living space, and a private elevator servicing the main living levels. The home has been thoughtfully enhanced with newly renovated bathrooms and updated fixtures throughout, elevating both style and functionality. The gourmet double kitchen is designed for entertaining at scale, featuring two sets of Sub-Zero refrigerator/freezers, double appliances, and ample workspace for multiple chefs. The first living floor hosts six spacious king suites, each featuring private bathrooms, walk-in showers, TVs, ocean views, and direct porch access. The main living level is designed for gathering and entertaining, with generous seating, a large flat-screen TV, and seamless flow into the chef's kitchen. The oceanfront dining area and dual porches provide the perfect setting for meals, dolphin watching, or relaxing in the coastal breeze. This level also includes a billiards room and two additional king suites, each with private baths. A spiral staircase leads to the top level, where you'll find two more bedrooms--one with two queen beds and one king suite--along with an additional living area showcasing panoramic ocean views. With its distinctive themed rooms, strong repeat rental history, extensive upgrades, and unmatched capacity, Casa Margarita delivers an exceptional opportunity for both investment and coastal enjoyment.