Welcome to 13661 Perdido Key Dr unit 402, a HIDDEN GEM of Perdido Key, Pensacola!! Perdido translates to the word ''lost'' in Spanish so it refers to the ''lost paradise'' this beautiful island of Pensacola has to offer. Perdido Key has a rich history and is a well sought after area located close the Alabama border of Orange Beach. Being somewhat of an isolated island this area offers a sense of exclusivity which creates an experience in itself. Being such a desired area and Palacio being a luxurious condo, the RENTAL POTENTIAL is quite impressive, ranging from 55k-65k GROSS. That's approximately 8% ROI!!! This gives you an opportunity to get the best of both worlds, having your own piece of paradise while having it pay for itself!! Upon entering this meticulously chic condo, you'll be greeted by breathtaking UNOBSTRUCTED OCEAN VIEWS from both the spacious living area and the MASTER SUITE, thanks to the floor-to-ceiling windows that bathe the space with natural light. Imagine waking up to the sound of waves and enjoying your morning coffee on your HUGE OVERSIZE balcony that overlooks the pristine white sandy beaches OR having a GRAND MASTER suite that has direct access to the balcony and OCEAN VIEWS of the Gulf of Mexico from the BEDROOM. Features like these are not only desirable to owners, but creates a high desirability for renters as well, boasting your rental advantage which leads to greater return!! Sold FULLY-FURNISHED, this unit is TURN-KEY ready with nice coastal chic furnishing that creates a warm cozy feel but also brings out that coastal vibe, a Galley kitchen fully equipped with modern stainless steel appliances, granite countertops, and ample cabinet space, giving it a feel of a home away from home, ALL wood tile throughout the entire unit, MASTER SUITE facing the Gulf, standing shower plus a tub, HUGE walk in closet which is adds that comfortability and space when on vacation, a WET BAR area for entertainment, HIS/HER sink in the master bath
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Features: Ceiling Fan(s), Sitting Area, Walk-In Closet(s)
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Level: First
- Primary Bathroom Features: Double Vanity, Soaking Tub, Granite Counters, Jetted Tub, Separate Shower, Tile, Walk-In Closet(s)
Interior Features
- Ceiling Fan(s)
- Wet Bar
- Door Features: Storm Door(s)
- Flooring: Tile
- Window Features: Storm Window(s)
Appliances
- Electric Water Heater
- Dishwasher
- Disposal
- Microwave
- Refrigerator
Heating and Cooling
- Cooling Features: Central Air, Ceiling Fan(s)
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Dining Room Features: Breakfast Bar, Living/Dining Combo
- Kitchen Features: Not Updated, Granite Counters, Pantry
- Kitchen Level: First
Pool and Spa
- Pool Features: In Ground
- Spa Features: Private, Bath
- Spa: Yes
Waterfront and Water Access
- Gulf
- Waterfront
- Beach Access
Exterior and Lot Features
- Road Responsibility: Public Maintained Road, Private Maintained Road
Garage and Parking
- Parking Features: 2 Space/Unit
Home Features
- View: Gulf, Water
- Green Energy Efficient: Insulated Walls
Homeowners Association
- Association: Yes
- Association Fee: 10861
- Association Fee Frequency: Annually
- Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance, Management, Trash, Water/Sewer
- Calculated Total Monthly Association Fees: 905
School Information
- Elementary School: Hellen Caro
- High School: Escambia
- Middle School: Bailey
Rental Info
- Leasable Area Units: Square Feet
Other Property Info
- Source Listing Status: Pending
- County: Escambia
- Directions: Use GPS
- Disclaimer: use as is contract
- List Price Low: 750000
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Palacio
- Parcel Number: 353S324200000018
- Subdivision: Palacio
- Zoning Description: Res Multi
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1438
- Year Built: 2001
- Building Area Total: 1438
- Building Area Units: Square Feet
- Building Name: Palacio At Perdido
- Construction Materials: Concrete
- Foundation Details: Slab
- Levels: One
- Living Area Units: Square Feet
- Property Age: 23
- Property Condition: Resale
- Roof: Flat
- House Style: Contemporary
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public