For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $340,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 802 sqft
Price per Sqft $423
Subdivision Waters Edge Condo Unit 206
MLS Listing ID 833453
Sold Date 02/05/20
Bedrooms 1
Full Baths 2
Construction Status Construction Complete
HOA Fees $340/mo
HOA Y/N Yes
Year Built 2002
Annual Tax Amount $2,559
Tax Year 2018
Property Description
This 1-bed, 2-bath Gulf-front unit comes fully furnished and rental-ready with a well-documented record of success. Annual gross rental is consistently in the mid 30K range. As of Sept. this unit grossed $33,623 with forward booking projecting a year-end gross rent of $36,184. It accommodates 6 guests with a queen bed, hallway bunk, and sleeper sofa. The 96 sq. ft. balcony offers a panoramic view of the Gulf, the beach, and the Gulf-front community pool & hot tub. Waters Edge was built in 2002 with 6 floors and 107 units. Its amenities include 2-pools (1 heated in the shoulder months), hot tub, grill area, exercise room, game room, and covered parking.Vacation renters familiar with this unit consistently rate it 5-star with comments indicating one of the best on Okaloosa Island.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Rooms
Guest Accommodations BBQ Pit/Grill,Beach,Elevators,Exercise Room,Pets Allowed,Pool,TV Cable
Kitchen First
Interior
Interior Features Floor Tile, Furnished - All, Hallway Bunk Beds, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
Exterior
Exterior Feature Balcony
Parking Features Covered, Garage Detached
Pool Community
Community Features BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pets Allowed, Pool, TV Cable
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf,Shore - Beach,Unit Waterfront
View Gulf
Private Pool Yes
Building
Story 1.0
Water Gulf, Shore - Beach, Unit Waterfront
Structure Type Block,Concrete,Roof Membrane,Steel,Stucco
Construction Status Construction Complete
Schools
Elementary Schools Elliott Point
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Sewer,Trash,TV Cable,Water
Assessment Amount $340
Energy Description AC - Central Elect,Ceiling Fans,Double Pane Windows,Heat Pump Air To Air,Water Heater - Elect
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Realty Navarre
GET MORE INFORMATION
DeAnna Nichols
Broker Associate | License ID: AL 93966 FL BK3611503
Broker Associate License ID: AL 93966 FL BK3611503