Active

$475,000

Features:
  • 1 Bedrooms
  • 1 Bathrooms
  • 432 sq ft
Overview
  • ID: MFRA4651441
  • Bedrooms: 1
  • Bathrooms: 1
  • Size: 432 sq ft
Property Details
Remarks
Income-Producing Beachfront Condo with Gulf of Mexico Views. This fully furnished beachfront condo offers the perfect opportunity for a short-term rental investment, with potential for consistent income or enjoy living on the Gulf. Enjoy breathtaking views of the Gulf of Mexico from your private space, while having access to a range of amenities. This is one of the few buildings on the island that allows 2-5 night short term rentals. Key Features: Income-Producing Short-Term Rental – Great potential for rental income. Fully Funded Reserves – No worries about future assessments or unexpected fees. Monthly HOA Fee Includes: Electric, water, trash, cable, and internet, insurance, Exterior, grounds, and pool maintenance Upgraded Kitchen: Full-size refrigerator, microwave, cooktop, and tile flooring throughout. One Bathroom – Efficient and functional layout offering full bath and shower Recent Updates & Future Repairs: Elevator Replacement – Ongoing due to hurricane damage. Pool Repairs – Underway after hurricane damage. Building Insurance is covering costs of brand new elevator, pool and other repairs as a result of the back to back hurricanes last fall. This work is being done now and these costs will not be passed on to any potential buyer. These upgrades will enhance the current value of the building. This property combines the tranquility of beachfront living with the financial benefits of a rental property, making it a great investment for anyone looking to own a piece of paradise
Financial Considerations
Price:
$475,000
HOA Fee:
957
Tax Amount:
$6143.5
Price per SqFt:
$1099.54
Tax Legal Description:
UNIT 119 BLDG B CLUB BAMBOO SOUTH A CONDO PI#74564.0045/9
Exterior Features
Lot Size:
45238
Lot Features:
Cleared, FloodZone, Landscaped, Near Public Transit, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Basement
Roof:
Shingle
Pool:
No
Pool Features:
In Ground
Interior Features
Bedrooms:
1
Bathrooms:
1
Heating:
Ductless
Cooling:
Ductless
Appliances:
Cooktop, Microwave, Refrigerator
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
1945
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Lighting, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    2412 N GULF DR #119
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