Description
*Excellent opportunity for serious buyers/investors*Use bridge/rehab loan or cash to purchase*Primary residence for 9 years; 5.5 years as tenant, last 3.5 years as owner* AC units works*Renovations were started, but now owner has opportunity to purchase a different primary residence *Boat slips available to owner ($75 month)*Condo Dues ($450 month)*Holiday Isle Dues ($298 annually)*Net Annual Rental Projection $50k - $60k* All closing costs except BA commission paid by buyer* 1 block to gated beach access, not for public use. Large garage, 400 sqft.*Great location on back of harbor *Only 16 units, near multi-million $$$ homes*New metal roof in 2020*Traditional stucco, not EIFS*Pedestrian friendly, nice neighborhood*Landscaped sidewalks & security patrol*Gated beach access, not for public*This opportunity after repairs and furnishings, will basically allow buyer to have a new condo at market value or a little less. Renovated and decorated to their preference; a custom condo to enjoy for many years, in an excellent location on Holiday Isle.
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2BEDS
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N/AACRES
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2BATHS
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11/2 BATHS
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1,076SQFT
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$441$/SQFT
School Information
Description
*Excellent opportunity for serious buyers/investors*Use bridge/rehab loan or cash to purchase*Primary residence for 9 years; 5.5 years as tenant, last 3.5 years as owner* AC units works*Renovations were started, but now owner has opportunity to purchase a different primary residence *Boat slips available to owner ($75 month)*Condo Dues ($450 month)*Holiday Isle Dues ($298 annually)*Net Annual Rental Projection $50k - $60k* All closing costs except BA commission paid by buyer* 1 block to gated beach access, not for public use. Large garage, 400 sqft.*Great location on back of harbor *Only 16 units, near multi-million $$$ homes*New metal roof in 2020*Traditional stucco, not EIFS*Pedestrian friendly, nice neighborhood*Landscaped sidewalks & security patrol*Gated beach access, not for public*This opportunity after repairs and furnishings, will basically allow buyer to have a new condo at market value or a little less. Renovated and decorated to their preference; a custom condo to enjoy for many years, in an excellent location on Holiday Isle.
© 2022 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2022-05-18T17:59:49.497.
Vendor Member #28178.