Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar, Elevator

  • Total Bedrooms

    1

  • Bathrooms

    1

Area & Lot

  • Property Type

    Residential

  • Architectural Style

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

Financial

  • Sales Price

    $509,000

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Location

County

Walton

Elementary School

Van R Butler

Middle School

Emerald Coast

High School

South Walton

Listing Courtesy of Justin E Townsend , Douglas Elliman

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RARE opportunity to invest in a CASHFLOWING investment property earning the highly desired 10% CAP RATE! This property has produced income over 10% of your investment for multiple years consecutively! Easy start up for new owners as it comes with a long list of REPEAT GUESTS! This unit sits directly across 30A from a Gulf Place DEEDED beach access point for your beach loving guests, and also has a private pool entrance from the condo's gated back patio for your guests that prefer convenience to a pool! Gulf Place features an immense amount of family friendly activities and adventures that are all within walking distance from the unit's front door!  Inside, you'll notice the primary bedroom just inside the main entry. With a king-sized bed, a full closet, and access to the bathroom directly from the bedroom, your guests will feel completely at ease! The bathroom boasts a double vanity as well as a shower over a full-sized tub for the kids.

Kiddos will love the built-in bunk beds, giving them and their parents ample space to unwind. The hallway opens into a beautifully updated kitchen space with stainless steel appliances, a flat top cooking range, two-toned modern cabinets, and a fridge with a bottom freezer. Tile backsplash makes clean up a breeze, and modern cabinet and drawer pulls give an air of sophistication. In addition, the fold-out dining table means that everyone can enjoy a meal together and that you have plenty of space to move around the kitchen.

With the open kitchen and living floor plan, plus the windows and French doors that lead out to a cozy back porch, the living room area is social, comfortable, and functional. Whether on the couch or at the table, everyone is welcome! And did we mention the WASHER and DRYER? Yes, this condo includes a stackable washer and dryer to provide the ease of doing laundry in the unit after a long day in the sand and sun!

Discover Spires

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