Santa Rosa Beach, FL 32459
Property Inquiry
Contact The Dixon Team about this property!
Property Details
Discover luxury beachfront living in Watercolor! Projected to produce over $297,000 in rental income and provide a 4% cash on cash return annually, this beachfront escape is a top-producing investment property at the forefront of an elite 30A community. Capturing sweeping Gulf views across a large beachfront balcony, this coastal escape displays the best that 30A has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has a split level floor plan which lives like a home. Nestled in an exclusive gulf-front development, you are able to enjoy a dedicated community pool and private parking garage. The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental. Rental income history, rental income projections & estimated expenses are available by request. Inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. This outstanding getaway is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor and Seaside!
| UNIT # | 5 |
| COUNTY | Walton |
| SUBDIVISION | WATERCOLOR |
| PARCEL ID | 15-3S-19-25409-000-0050 |
| TYPE | Condominium |
| STYLE | N/A |
| ACREAGE | 0 |
| LOT ACCESS | N/A |
| LOT SIZE | N/A |
| HOA INCLUDE | Accounting,Insurance,Internet Service,Sewer,Trash |
| HOA FEE | 9272.16 (Quarterly) |
| UTILITIES | Electric,Gas - Natural,Public Sewer,Public Water |
| PROJECT FACILITIES | BBQ Pit/Grill,Beach,Deed Access,Dock,Elevators,Pool,Short Term Rental - Allowed,Waterfront |
| ZONING | N/A |
| PARKING FEATURES | Garage |
| APPLIANCES | Cooktop,Dishwasher,Dryer,Microwave,Oven Self Cleaning,Refrigerator,Stove/Oven Gas,Washer |
| ENERGY | AC - Central Elect |
| INTERIOR | Furnished - All,Renovated |
| EXTERIOR | Balcony |
| ROOM DIMENSIONS | Kitchen : 13 x 16 Balcony : 33 x 8 Balcony : 33 x 8 Master Bedroom : 15 x 20 Master Bathroom : 9 x 15 Bonus Room : 12 x 9 |
Schools
Location & Map
Watercolor Beachside is on the south side of 30A.