top of page

Powered By Covenant Property Management

CPM Logo Icon Gold.png

1704 Frederica Rd, #431

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, #431, St. Simons Island, GA 31522

Estimated Annual Revenue

$168,000

Avg. Daily Rate

$961

Occupancy

54%

Bedrooms

6

$27-30K+ TRUE EARNING POTENTIAL


This beautifully renovated third-floor end-unit condominium presents an outstanding investment opportunity with excellent potential for both short-term and long-term rental income. Recently refreshed with new interior paint and durable luxury vinyl plank (LVP) flooring throughout, the home offers a modern, low-maintenance interior ideally suited for rental use or a lock-and-leave coastal retreat.


The kitchen features stainless steel appliances, including a brand-new dishwasher, along with a spacious breakfast bar that appeals to both residents and vacation guests for casual dining or entertaining.


A major highlight is the large screened porch overlooking mature trees, providing a quiet and relaxing outdoor space that enhances the property’s appeal to renters seeking privacy and a peaceful setting.


The floor plan is well-suited for maximum rental flexibility, offering:

  • Two oversized bedrooms, including one with an en-suite bathroom

  • Walk-in closets in both bedrooms, providing ample storage

  • A separate office or study area, ideal for remote work or extended stays

  • Washer and dryer included, adding convenience for tenants and owners

One of the most attractive features for investors is the absence of rental restrictions, allowing for both short-term vacation rentals and long-term leasing, maximizing income potential.


The property’s prime location is a significant advantage, situated just one block from Redfern Village, where tenants and guests can easily walk to a wide selection of restaurants, shops, cafés, and medical offices. This walkability significantly increases rental demand and desirability.


Community amenities further enhance the property’s value and appeal, including:

  • Swimming pool

  • Clubhouse

  • Gated entry for security and privacy

As a third-floor end unit, the residence enjoys added quiet, privacy, and natural light, making it particularly attractive to renters and owners alike.


Whether used as a vacation rental, long-term income property, second home, or primary residence, this condominium offers a rare combination of location, flexibility, and income-generating potential.


The unit is easy to show and represents a rare opportunity for investors and buyers seeking strong rental potential in a highly desirable location.

Est. Annual Revenue

$27K - $30K

Bedrooms

2

Avg. Daily Rate

$2.3K - $2.5K/mo

Occupancy

100%

2.jpg
3.jpg

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.

CPM Logo Icon Gold.png
CPM Full Logo.png

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

CPM Logo Icon Gold.png

Discover More

Click to copy email

CPM Full Logo.png

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

bottom of page