Property Details

Listing # 961266 Details

$509,000
144 Spires Lane
Santa Rosa Beach, FL 32459

Property Inquiry

Contact Justin Townsend about this property!

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726 Sq Ft.
Built 1996
1 Bed
1 Bath

Property Details

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!

UNIT # UNIT 106
COUNTY Walton
SUBDIVISION GULF PLACE CARIBBEAN CONDO
PARCEL ID 03-3S-20-34402-000-1060
TYPE Condominium
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE Accounting,Ground Keeping,Insurance,Security,TV Cable
HOA FEE 1462.00 (Monthly)
UTILITIES Electric,Phone,Public Sewer,Public Water,TV Cable
PROJECT FACILITIES BBQ Pit/Grill,Beach,Deed Access,Dumpster,Elevators,Picnic Area,Pool,Tennis,TV Cable,Whirlpool
ZONING N/A
PARKING FEATURES N/A
APPLIANCES Cooktop,Dishwasher,Disposal,Dryer,Fire Alarm/Sprinkler,Microwave,Oven Self Cleaning,Refrigerator W/IceMk,Stove/Oven Electric,Washer
ENERGY AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Floor Tile,Floor WW Carpet,Furnished - All,Window Treatment All,Woodwork Painted
EXTERIOR Patio Covered
ROOM DIMENSIONS Living Room : 16 x 14
Kitchen : 10 x 7
Master Bedroom : 12 x 11
Master Bathroom : 9 x 7

Schools

Elementry, Van R Butler
Middle, Emerald Coast
High, South Walton

Location & Map

From Destin, east on Highway 98 to Highway 393,turn south (right) to Highway 30A. Turn right about 1/8 mile. Gulf Place Caribbean is on the north side of 30A. From Panama City Beach, west on Hwy 98