Prime Investment Opportunity - Dual Rental Income Potential!Looking for a lucrative investment or the perfect beachside retreat? This newly updated townhome offers two separate rental income opportunities in a prime location between the Sound and the Gulf!The second and third floors serve as the main living space, featuring an updated kitchen with quartz countertops and stainless steel appliances, a breakfast bar with seating, and a pull-out couch for extra guests. The primary suite on the third floor boasts a full bath, a built-in window seat with storage (convertible to a bed!), and elegant plantation shutters.The lower level has been transformed into a separate income-producing unit with new flooring, an expanded layout, a dedicated AC unit, and ample entertaining space The exterior has been fully upgraded with hurricane-proof windows, Hardie board siding, a new deck, and updated stairs. A cement patio in the back offers additional outdoor space, and the washer and dryer are conveniently located on this level. Just steps from the community pool, this turnkey property is move-in or rental-ready, with new furniture and linens conveying to the buyer. HOA dues are under $405/quarterly, making this an affordable and profitable investment opportunity. Don't miss outschedule your showing today!
Property Features
Bedrooms
- Bedrooms: 1
- Bedroom 1 Dimensions: 18 x 12
- Primary Bedroom Level: Third
- Bedroom 1 Level: 3
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Floor Vinyl
- Newly Painted
- Washer/Dryer Hookup
- Window Treatment All
- Interior Amenities: Kitchen, Master Bathroom, Master Bedroom
Appliances
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator W/IceMk
- Stove/Oven Electric
- Washer
Other Rooms
- Master Bathroom: 5 x 10
- Master Bathroom Level: 3
Kitchen and Dining
- Kitchen Dimensions: 8 x 12
- Kitchen Level: Second
Garage and Parking
- Assigned Spaces: 1.00
- Open Parking Spaces: 2
Exterior and Lot Features
- Balcony
- Deck Covered
- Guest Quarters
- Pool - In-Ground
- Renovated
- Separate Living Area
- Road Access: Paved Road
Pool and Spa
Land Info
- Lot Description: Cleared, Covenants, Dead End, Flood Insurance Req, Level, Restrictions, Sidewalk, Within 1/2 Mile to Water
- Lot Size Acres: 0.01
- Lot Size Dimensions: 13 x 29
- Lot Size Square Feet: 436
Home Features
- View: Sound
- Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Insulated Doors, Tinted Windows, Water Heater - Elect
Homeowners Association
- Association: Yes
- Association Fee: 405
- Association Fee Frequency: Quarterly
- Association Fee Includes: Ground Keeping, Management, Recreational Faclty
- Calculated Total Monthly Association Fees: 135
School Information
- Elementary School: Holley-Navarre
- High School: Navarre
- Middle School: Holley-Navarre
Amenities and Community Features
- Facilities: Beach, Pets Allowed, Pool, TV Cable
Other Property Info
- Annual Tax Amount: 3722.02
- Source Listing Status: Active
- County: Santa Rosa
- Directions: Hwy 98 to Navarre Beach Bridge, Turn right at Stop sign to Gulf Blvd. Right on Tina Drive. Tradewinds Complex is on the right.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 11 - Navarre/Gulf Breeze
- Property Subtype: townhouse
- Source Neighborhood: TRADEWINDS T/H
- Parcel Number: 28-2S-26-9405-00000-0030
- Subdivision: TRADEWINDS T/H
- Zoning: Resid Multi-Family
- Property Subtype: Attached Single Unit
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 884
- Year Built: 1991
- Building Exterior Type: Foundation Stilts, Frame, Roof Metal, Siding CmntFbrHrdBrd
- Property Age: 34
- Levels or Stories: 3.0
- House Style: Contemporary
- Year Built Details: Construction Complete
Utilities
- Electric
- Public Sewer
- Public Water