Active

$2,510,000

Features:
  • 4 Bedrooms
  • 6 Bathrooms
  • 2694 sq ft
Overview
  • ID: MFRD6144566
  • Bedrooms: 4
  • Bathrooms: 6
  • Size: 2694 sq ft
Property Details
Remarks
Beachfront Investment Opportunity on Don Pedro Island – Dual Renovated Units with Flexible Rental Potential! Discover a rare opportunity to own two fully renovated beachfront units in the Colony Don Pedro community—Units 11 & 12, offered as a single property. With a total of 4 bedrooms, 4 full baths, and 2 half baths, this versatile layout features an interior connecting door, allowing the property to function as: One large family retreat, Two separate 2BR/2.5BA vacation rentals OR A personal getaway + income-producing unit. Each unit features private screened and open lanais, plus shaded lounging areas below—perfect for outdoor entertaining or relaxing after a day on the beach. Every detail has been thoughtfully updated: newer roof, modern kitchens & baths, upgraded flooring, electric, plumbing, and HVAC systems. The seller is offering a $5,000 appliance credit per unit, allowing the buyer to select their preferred appliances. Enjoy miles of pristine sandy beaches just steps away—perfect for shelling, shark tooth hunting, and peaceful strolls. With breathtaking Gulf sunsets, world-class fishing, and the laid-back lifestyle of golf carts, bicycles, and boats, this island gem offers the true essence of “Old Florida” living. Community amenities include: Heated pool, Tennis court, Dockage with access to the Intracoastal and Gulf via just two bridges. Whether you’re looking for an income-generating rental, a family compound, or a flexible island escape, this property delivers unmatched potential and coastal charm. Don Pedro Island is accessible via a short car ferry ride, keeping it quiet, private, and unspoiled. Live, rent, or retreat—this is island life, your way.
Financial Considerations
Price:
$2,510,000
HOA Fee:
1750
Tax Amount:
$11687.43
Price per SqFt:
$931.7
Tax Legal Description:
CDP 001 0000 0011 COLONY DON PEDRO PH 1 UN 11 AKA PALM ISLAND ESTS UN 4 BLK A LT 28 700/1666 1355/286 1390/1679 1486/1549 1486/1553 1767/1295 2131/988 E2223/1069 3308/789
Exterior Features
Lot Size:
9630
Lot Features:
CoastalConstruction Control Line, FloodZone, In County
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Golf Cart Parking, Basement
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
6
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Electric Water Heater
Furnished:
Yes
Floor:
Carpet, Luxury Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1982
Construction Type:
HardiPlank Type, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Sliding Doors, Tennis Court(s)
Additional Features 2:
Buyer to verify lease restrictions.
Map
  • Address
    301 S GULF BLVD #11 & 12
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