OWN YOUR MIQUAMICUT BEACH GETAWAY â WITH INCOME POTENTIAL Imagine having your own place in Miquamicut where you can spend summer weekends at the beach, walk to nearby restaurants, enjoy your own assigned parking, and still have the ability to generate rental income when you're not using it. This unique condotel opportunity offers the best of both worlds: a personal coastal retreat and an income-producing investment. Located within an easy walk of the beach, these residences offer beach parking and access rights, two assigned parking spaces, and trash included with MFD taxes. For the investment-minded buyer, projected cap rates exceed 10% on the four units currently available, providing an opportunity to enter the Misquamicut vacation market at an attractive price point. Buyers can choose the unit that best fits their goalsâor explore the opportunity to acquire multiple units. Whether you're looking for a summer getaway, a second home that helps offset its own expenses, or a dedicated vacation-rental investment, this is an opportunity to own in one of Westerly's most recognizable beach destinations. Walk to the beach. Walk to restaurants. Park at the beach. Generate income. Enjoy Miquamicut. Four units currently available. Inquire for individual pricing, projected income, expenses, and cap-rate information.
| Location | |
|---|---|
| City/Town | Westerly |
| County | Washington |
| Community Features | Bus, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis |
| Interior | |
|---|---|
| Living Area | 362 sq. ft. |
| Rooms | 2 |
| Heating | Electric, Baseboard |
| Cooling | Window Unit(s) |
| Interior Features | Wall (Dry Wall), Plumbing (Mixed) |
| Additional Information | |
|---|---|
| Tax Assessment | $121,900 |
| Exterior | |
|---|---|
| Waterfront Features | Access, Beach, Saltwater View, Walk to Salt Water, Walk To Water |
Information is deemed reliable but is not guaranteed.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. ©2025 State-Wide Multiple Listing Service. All rights reserved.
to save your favourite homes and more
Enter your email address and we will send you a link to change your password.