Property Details

Listing # 957312 Details

$455,000
775 Gulf Shore Drive
Destin, FL 32541

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Contact John Lavin about this property!

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1,100 Sq Ft.
Built 1999
2 Bed
2 Bath

Property Details

Investment opportunity with huge rental income! This 2/2 unit has been tastefully decorated and well maintained throughout ownership. All appliances are less than two years old with hot water heater purchased in 2023. Brand new microwave, New fans, light fixtures, paint, toilet in Master BR. New flooring was installed in 2018. The condo is over 1000 square ft and with 9' ceilings the space is plenty for a family to enjoy. Gross Rental in 2022 was over $53000, 2023 was over $44000 and Already with over $32000 as of August 9th. With most of September and October are already full 2024 should be over $40000. This is turn key ready for you to enjoy or take advantage of a rental investment that will cash flow from the start. Special Assessment has been paid in full by owner through 2025. Sandpiper Cove is one of Destin's most sought-after communities, offering guests access to an array of amenities; including a marina, 5 pools, 3 hot tubs, 6 tennis courts, a Par 3- 9 hole golf course and 2 onsite restaurants. Sandpiper Cove is a gated community with private access to 1100 beachfront complex with direct access to wide, white, sandy beaches. This 43 acre resort is in the heart of Destin

UNIT # UNIT 4239
COUNTY Okaloosa
SUBDIVISION SANDPIPER COVE PH 26
PARCEL ID 00-2S-22-214N-0000-4239
TYPE Condominium
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE Accounting,Advertising,Insurance,Legal,Management,Sewer,Trash,Water
HOA FEE 2961.87 (Quarterly)
UTILITIES Community Sewer,Community Water,Electric
PROJECT FACILITIES BBQ Pit/Grill,Boat Launch,Community Room,Deed Access,Dock,Fishing,Gated Community,Golf,Laundry,Marina,Pets Allowed,Pickle Ball,Picnic Area,Pool,Short Term Rental - Allowed,Tennis,Whirlpool
ZONING N/A
PARKING FEATURES N/A
APPLIANCES Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove/Oven Electric,Washer
ENERGY AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Furnished - All,Pantry,Washer/Dryer Hookup
EXTERIOR Balcony
ROOM DIMENSIONS Living Room : 16 x 20
Kitchen : 9 x 10
Master Bedroom : 14 x 14
Bedroom : 12 x 12

Schools

Elementry, Destin
Middle, Destin
High, Destin

Location & Map

Entering the complex follow main road to the office and turn left. Pass Louisiana Lagniappe restaurant on the left and take first right. Unit will be on the right.