$370,000
$389,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,200 SqFt
SOLD DATE : 11/19/2018
Key Details
Sold Price $370,000
Property Type Single Family Home
Sub Type Beach House
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $308
Subdivision Nantucket Rainbow Cottages
MLS Listing ID 776919
Sold Date 11/19/18
Bedrooms 2
Full Baths 2
Construction Status Construction Complete
HOA Fees $510/mo
HOA Y/N Yes
Year Built 1994
Property Description
Cash flow opportunity! Rental income for 2016 was $36,100 and was projected to finish 2017 over $40,000 before Oct.-Dec. maintenance. Directly across the street from the Gulf of Mexico with beach access steps away. Unique 2 one-bedroom condo cottages can sleep a total of 12 people - investor dream. It can be rented as either a two-bedroom condo or 2 separate one bedroom condos. The entire unit has been upgraded with granite, beautiful tile, tasteful beach furniture and decor. This property is very low maintenance, turnkey ready and will start earning money immediately. The HOA dues include Internet, cable, complex insurance, parking, tropical landscaping and gorgeous pool. Fully furnished and rental ready. Buyer to verify measurements, sq. footage, and MLS details.
Location
State FL
County Okaloosa
Area 14 - Destin
Zoning Resid Single Family
Exterior
Pool Community
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
View Gulf
Private Pool Yes
Building
Lot Description Within 1/2 Mile to Water
Story 2.0
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Land Recreation,Management,Recreational Faclty,Repairs/Maintenance,Trash,TV Cable
Assessment Amount $510
Energy Description AC - 2 or More,AC - Central Elect,Ceiling Fans,Water Heater - Elect,Whole House Fan
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