$245,000
$257,500
4.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
820 SqFt
SOLD DATE : 02/21/2017
Key Details
Sold Price $245,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 820 sqft
Price per Sqft $298
Subdivision Pelican Isle
MLS Listing ID 759763
Sold Date 02/21/17
Bedrooms 1
Full Baths 2
Construction Status Construction Complete
HOA Fees $357/mo
HOA Y/N Yes
Year Built 2002
Annual Tax Amount $2,546
Tax Year 2015
Property Description
GREAT RENTAL INCOME GENERATOR. GROSS REVENUE OF $25,455.68 IN 2015 AND 2016 RENTAL INCOME YEAR TO DATE OF $27,498.32 WITH EXPECTED YEAR END REVENUE OF APPROXIMATELY $30,000!!! Beautiful 1 bedroom/2 bathroom unit with alcove hall bunk beds. Unit sleeps 6 people comfortably. Directly beachfront on the 4th floor with wonderful unrestricted gulf views. Gulf front pool with spa and workout room overlooking the dunes. Pelican Isle built in 2002 is well maintained with nearly 300 feet of gulf frontage. Unit #409 is tastefully decorated with updated furniture in 2014. Other updates/replacements: Refrigerator 2013; Microwave 2014; HVAC 2013 ; and washer/dryer 2016. Pelican Isle is a preferred rental destination and unit #409 brings an ownership opportunity in a great building/location.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Rooms
Guest Accommodations Beach,Community Room,Deed Access,Elevators,Exercise Room,Pool,TV Cable,Waterfront
Kitchen First
Interior
Interior Features Breakfast Bar, Elevator, Floor Tile, Floor WW Carpet, Furnished - All
Appliance Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, Hot Tub
Garage Guest, Other
Pool Private
Community Features Beach, Community Room, Deed Access, Elevators, Exercise Room, Pool, TV Cable, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf,Gulf/Pass,Unit Waterfront
View Gulf
Private Pool Yes
Building
Story 5.0
Water Gulf, Gulf/Pass, Unit Waterfront
Structure Type Concrete
Construction Status Construction Complete
Schools
Elementary Schools Edwins
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Master Association,Trash,TV Cable,Water
Assessment Amount $357
Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional
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