Location
Agent Comments
Commanding a staggering 19% ROI and 35% cash-on-cash return based on top AirDNA operators at full list price, this property is an absolute investor's dream. The seller is highly motivated, presenting a rare opportunity to secure an entry-level price for a beachfront building packed with an unprecedented number of amenities. The complex features an indoor pool, indoor hot tub, gym, two large outdoor pools, and a quick 2-to-3-minute walk down a dedicated boardwalk straight to the sand. Beyond the immediate beach access, guests and owners enjoy on-site coffee, ice cream, a beach bar, and dining options, plus golf, pickleball, and basketball all within walking distance. Anchoring this unbeatable investment is the beautiful 2-bedroom, 2-bathroom unit itself, which perfectly rounds out the coastal experience with an amazing water view from the private balcony, beautifully updated granite countertops, and easy-to-maintain ceramic tile flooring throughout. Buyer to verify all information during due diligence. Insurance assessment is $477 monthly.
Amenities
- Dishwasher
- Microwave
- Electric Range
- Refrigerator w/Ice Maker
Interior Features
- Cool System: Central Electric (Cool)
- Heat System: Central
- Floors: Vinyl
- Fireplaces: 0
- Interior: Ceiling Fan(s), Split Bedroom Plan, Wet Bar
Exterior Features
- Parking: Parking Lot
- Siding: Concrete Board, Wood Frame
- Foundation: Pilings
- View: Direct Gulf Front, Southern View, Western View
Additional Features
- County: Baldwin
- Property Type: Condominium
- Tax Number: 6809290000003.001.980
- Waterfront Features: Gulf Front - Building
- Stories: 1
- Year Built: 1983