Property Details

Listing # 983805 Details

$1,400,000
11 E Pine Lands Loop
Inlet Beach, FL 32461

Property Inquiry

Contact Lynne Andrews about this property!

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1,293 Sq Ft.
Built 2017
4 Bed
4 Bath

Property Details

Rare opportunity in Prominence on 30A! Here's your chance to purchase two income producing 2 BR | 2 BA townhomes each offered individually at $749K, or available together as a savvy investment package for $1.4M. .With a combined income total exceeding $120K, this is an exceptional investment opportunity in one of 30A's most desirable communities. This property delivers strong income potential with an impressive 8.67% gross cap rate and a 6% net cap rate. Fully furnished and turnkey, it's positioned for immediate cash flow. Not located side by side, these homes offer flexibility for owners and investors--use one as a personal retreat while generating income from the other or maximize your investment portfolio and purchase both. Properties are professionally decorated and being sold fully furnished. Each conveys with a six-seater golf cart and FOUR beach cruiser bikes. Located on opposite sides of the resort-style community pool, these units offer a unique flexibility for owners and investors. Rent one short-term, one long-term or take advantage of accommodating larger groups with added privacy. Whether you're looking for a personal beach retreat, a rental investment, or both, this is an exceptional chance to secure income-producing property in a high-demand market like 30A. Situated in one of 30A's most desirable vacation rental communities, this is a rare opportunity to purchase at some of the lowest prices for these units in years. Two townhomes. One opportunity. Prominence on 30A Buyer to verify all dimensions.

COUNTY Walton
SUBDIVISION Prominence
PARCEL ID 20-3S-18-16203-000-3672
TYPE Attached Single Unit
STYLE Triplex
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE Ground Keeping,Insurance,Management
HOA FEE 1632.46 (Quarterly)
UTILITIES Gas - Natural,Public Sewer,Public Water
PROJECT FACILITIES BBQ Pit/Grill,Pavillion/Gazebo,Pool,Short Term Rental - Allowed
ZONING Resid Multi-Family
PARKING FEATURES Garage
APPLIANCES Auto Garage Door Opn,Cooktop,Microwave,Oven Self Cleaning,Range Hood
ENERGY AC - Central Elect,AC - High Efficiency,Water Heater - Tnkls
INTERIOR Ceiling Crwn Molding,Ceiling Tray/Cofferd,Fireplace,Floor Hardwood,Floor Tile,Furnished - All,Owner's Closet,Pantry,Washer/Dryer Hookup
EXTERIOR Balcony
ROOM DIMENSIONS Living Room : 15 x 13.33
Kitchen : 12 x 10.6
Master Bedroom : 11.66 x 11.58
Master Bathroom : 13.33 x 6
Bedroom : 11 x 11
Garage : 20 x 6

Schools

Elementry, Dune Lakes
Middle, Emerald Coast
High, South Walton

Location & Map

Both units are located on the north side of Prominence off of 30A. From Hwy 98, head south to 30A. From CR395, turn left at 30A. Prominence will be on your left approximately 3 miles from Seaside. Once inside Prominence - 10 York Lane, unit C is to the left of the resort-style community pool. 11 E. Pine Lands Loop, Unit C, in on the right side of the community pool.