$295,000
$309,995
4.8%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 : 06/15/2015
Key Details
Sold Price $295,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $245
Subdivision Nantucket Rainbow Cottages
MLS Listing ID 719613
Sold Date 06/15/15
Bedrooms 2
Full Baths 2
Construction Status Construction Complete
HOA Fees $576/mo
HOA Y/N Yes
Year Built 1994
Annual Tax Amount $1,853
Tax Year 2013
Property Description
Cash flow opportunity! This beautifully cared for Nantucket Rainbow Cottage has a awesome gross rental history of $37,000+. 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. Both units have 2 built-in bunkbeds each. 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. Buyer to verify measurements, square footage and MLS details.
Location
State FL
County Okaloosa
Area 14 - Destin
Rooms
Guest Accommodations Beach,Pets Allowed,Pool,TV Cable
Interior
Interior Features Ceiling Cathedral, Floor Tile, Furnished - All, Lock Out, Renovated, Window Treatment All
Appliance Dishwasher, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric
Exterior
Exterior Feature Balcony, Deck Enclosed, Deck Open, Patio Covered, Pool - In-Ground, Shower
Garage Boat, Deeded
Community Features Beach, Pets Allowed, Pool, TV Cable
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Building
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 $576
Energy Description AC - 2 or More,AC - Central Elect,Ceiling Fans,Water Heater - Elect,Whole House Fan
Financing FHA
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