4000 Gulf Terrace Drive , 1000,107,108,10

Description

Listing information is for one unit out of the 40 included. Units are 2/1, 2/2 and 1/1 and 1/2. This is for a 40 unit investor package. Great deal on super rental income property with great rental numbers. Occupancy runs between 95-100% year round. Investors looking for tax depreciation and equity appreciation will love this package. Great location in the heart of Destin. This property has seen many improvements over the past 5 years. The maintenance fees have not gone up during that time. The association shows great financial records and a nice reserve account. Units are immediately occupied when vacancy occurs. Management contract in place and will continue for the next two years. Many of the units have water views, park views and tennis court view. Buyer to verify dimensions.