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1704 Frederica Rd, #428

Rental Snapshot

Experience what it’s like to own this property as a rental and explore its income potential.

Large Modern House with Pool

Revenue Estimate for:

1704 Frederica Rd, #428, St. Simons Islsnd, GA 31522

Estimated Annual Revenue

$168,000

Avg. Daily Rate

$961

Occupancy

54%

Bedrooms

6

$27-30K+ TRUE EARNING POTENTIAL


Prime Investment Opportunity on St. Simons Island !


Here’s your chance to own a beautifully updated first-floor condo on sought-after St. Simons Island, offering exceptional potential as a vacation rental, long-term income property, or personal coastal retreat with investment upside.


This inviting residence features an open-concept living, dining, and kitchen layout that maximizes space and appeal for both residents and guests—an ideal configuration for rental demand and comfortable island living. Recent upgrades—including luxury vinyl plank (LVP) flooring less than a year old, fresh interior paint, new ceiling fans and contemporary light fixtures, and all-new doors and windows with a lifetime transferable warranty—provide durability, modern style, and reduced maintenance for years to come.


A custom Tabby fireplace adds distinctive coastal character, enhancing the charm and uniqueness renters and buyers appreciate, while a generator plug in the garage offers added convenience and peace of mind.


The well-appointed kitchen features white cabinetry, solid surface countertops, generous prep space, and all appliances conveying, making the home truly turnkey and ready for immediate occupancy or rental income.


The spacious primary suite serves as a comfortable retreat with an en suite bath, double vanity, soaking tub, separate shower, and dual closets. Two generously sized secondary bedrooms and a shared hall bath provide flexibility for family, guests, or multiple occupants—an important advantage for maximizing rental potential.


Offered partially furnished, this condo makes it easy to begin enjoying the property or generating income right away. Located in a desirable community with a sparkling pool, the property offers the amenities and location that vacationers and tenants seek when choosing a coastal stay.


Whether you’re looking to build rental income, secure a second home with investment value, or enjoy a low-maintenance island lifestyle, this St. Simons Island condo presents a compelling opportunity in one of Georgia’s most desirable coastal destinations.

Est. Annual Revenue

$27K - $30K

Bedrooms

2

Avg. Daily Rate

$2.3K - $2.5K/mo

Occupancy

100%

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Rental Market Projections

Here are some high-level takeaways from Expedia Group’s 2025-2026 rental market projections:

  1. Steady Growth - Gross bookings are expected to grow about 3-5% in 2025, with stronger acceleration forecast in 2026.

  2. Shift in Destinations - Travelers are increasingly seeking “detour destinations” (less crowded, off-the-beaten-path locations).

  3. Experience-Driven Demand - Rentals that deliver unique, local, and authentic experiences are projected to perform best.

  4. Guest Expectations Rising - Clear communication, professional photos, and quality amenities are becoming decisive booking factors.

  5. Convenience & Tech Matter - Simplified booking (“one-click trips”) and better host tools/automation will be key to capturing demand.

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COVENANT'S APPROACH

How we work

The Covenant team focuses exclusively on vacation and long-term rentals across St. Simons Island and the Golden Isles, protecting your investment while creating 5-star guest experiences that drive repeat bookings.

  • Complete Peace of Mind - From bookings to housekeeping and maintenance, we handle it all.

  • Local Expertise - Based on the coast, we know the market and are always available.

  • High-Quality Guests - Our marketing and screening bring in respectful, repeat renters.

  • Clear Communication - Owners stay fully informed through direct contact and our owner portal.

  • Consistent Care - Properties are proactively inspected, maintained, and kept in top condition.

  • Smarter Marketing - Professional photography, optimized listings, and dynamic pricing maximize bookings.

  • 24/7 Support - Both owners and guests can count on quick, personal communication.

Example Imagery & Virtual Tour

Sample images by Gray O'Neil Creative

FAQ

Your questions, answered

Rental Market FAQ

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Discover More

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CONTACT

Call: (912) 255-4777x3

Text: (912) 302-3914
Short Term:  PM@covenantssi.com

Long Term: Leasing@covenantssi.com

ADDRESS

507 Ocean Blvd. Suite 305

St. Simons Island, GA

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