$565,000
$525,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
550 SqFt
SOLD DATE : 06/30/2022
Key Details
Sold Price $565,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 550 sqft
Price per Sqft $1,027
Subdivision Gulf Shores Condo Motel
MLS Listing ID U8162527
Sold Date 06/30/22
Bedrooms 1
Full Baths 1
Construction Status Pending 3rd Party Appro
HOA Fees $460/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $2,608
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Another great opportunity to own a beach vacation rental. This one bedroom, one bath condo is nicely remodeled and has the perfect setup for a vacation spot for yourself and the opportunity to bring in rental income. This unit has never been rented by the long-time owner, so there is no rental income sheet; however, the other units in the complex are bringing in a substantial rental income. A bonus to this condo is that it has not been used since the remodel. The beautiful terrazzo flooring is polished to perfection. The Aquasana water filter on the kitchen sink keeps you from having to lug jugs of drinking water. The bathroom was remodeled with a walk-in shower. It is almost turnkey ready with the owner providing a new bed, dining table and chairs, stackable washer/dryer, and portable dishwasher. Just need some living room furniture, and it is ready to go. There is not a direct beach view from this condo, but the beach is just steps away through the complex’s private gate. The complex is only eight units, and this one is in the front of the complex (more privacy). There is shared storage for your beach equipment. After a day at the beach, relax in the condo, play a few games, and then walk to the nearby restaurants. If the kids want to switch it up and go to a water park instead of the beach, you can walk to the Splash Harbour Water Park across the street. This is the ultimate opportunity to own a piece of beach life in a well-managed community. The membrane roof was placed in 2017 and Hardie Board siding in 2018. The monthly condo fee of $460 covers all utilities except electric and internet. Click on the virtual tour and video links and then schedule to see in person. These beach rentals sale very quickly. No smoking allowed anywhere on the complex.
Location
State FL
County Pinellas
Community Gulf Shores Condo Motel
Interior
Interior Features Built-in Features, Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Terrazzo
Furnishings Partially
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Filtration System
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Sidewalk
Garage Assigned, Guest
Community Features Deed Restrictions, Sidewalks, Special Community Restrictions, Waterfront
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Amenities Available Storage
Waterfront false
Water Access 1
Water Access Desc Beach - Public
Roof Type Membrane
Parking Type Assigned, Guest
Garage false
Private Pool No
Building
Lot Description FloodZone
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Other, Wood Frame
New Construction false
Construction Status Pending 3rd Party Appro
Others
Pets Allowed Yes
HOA Fee Include Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Fee Simple
Monthly Total Fees $460
Acceptable Financing Cash, Other
Membership Fee Required Required
Listing Terms Cash, Other
Special Listing Condition None
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States