Gulf Front Gem – 2BR/2BA Condo with Stunning Views & 7-Day Rentals Allowed. Welcome to your slice of paradise! This beautifully updated 2-bedroom, 2-bath Gulf-front condo is perfect for full-time living, a vacation getaway, or a lucrative investment opportunity with 7-day rentals permitted. Brand new guest bedroom furniture. Ideally located directly across from John’s Pass with its many shops and restaurants, this first-floor unit (actually second-level due to under-building parking) offers breathtaking Gulf views and resort-style living. Step inside to discover a split-bedroom layout featuring gorgeous granite countertops, brand-new Samsung SmartThings appliances, and an in-unit washer and dryer. The spacious balcony overlooks the pool and provides the perfect spot to unwind with a sunset view. Enjoy peace of mind knowing this well-maintained building has a new roof (2023), refurbished common areas (2022), and brand-new elevators (2024). This unit also includes under-building parking space #109. The current owners have never rented the unit, keeping it in fantastic condition. With a neighboring unit generating an estimated $60K–$70K annually in rental income, this condo is a prime opportunity for investors or those considering a 1031 exchange. Don’t miss out on Gulf-front living with unbeatable flexibility and value!
Financial Considerations
Price:
$875,000
HOA Fee:
818
Tax Amount:
$12062.48
Price per SqFt:
$788.29
Tax Legal Description:
MADEIRA NORTE CONDO UNIT 109
Exterior Features
Lot Size:
44325
Lot Features:
FloodZone, Near Public Transit, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Basement
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Touchless Faucet, Washer