Watercolor Beachside Unit 5 captures sweeping Gulf views, world-class amenities and a prime location. As a RARE four bedroom with over 2, 800 SF, this premier coastal escape provides a perfect layout split between two levels. Nestled in an exclusive gulf-front development, Unit 5 enjoys an expansive community pool as well as a private parking garage. This outstanding location is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor, Seaside and all the amazing local dining & shopping options. The second level showcases striking Gulf views from the oversized 33ft beachfront balcony. The first level also has a huge 33ft covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and one outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental with official rental projections at $162, 350 per year. Rental income history, net income projections & estimated expenses are available by request. Reach out today to set up a virtual tour or in-person showing. Inquire to receive more details on an assumable loan from the seller for $1, 750, 000 at 3.99% interest.
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 20.0 x 15.0
- Primary Bedroom Level: Second
Other Rooms
- Total Rooms: 6
- Balcony: 33.00 x 8.00
- Balcony Level: Second
- Balcony: 33.00 x 8.00
- Balcony Level: First
- Master Bathroom: 9.00 x 15.00
- Master Bathroom Level: Second
- Bonus Room: 12.00 x 9.00
- Bonus Room Level: First
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
Appliances
- Cooktop
- Dishwasher
- Dryer
- Microwave
- Oven Self Cleaning
- Refrigerator
- Stove/Oven Gas
- Washer
Heating and Cooling
- Cooling Features: Central Air
Kitchen and Dining
- Kitchen Dimensions: 16.0 x 13.0
- Kitchen Level: Second
Garage and Parking
- Assigned Spaces: 2
- Garage Spaces: 1
- Open Parking Spaces: 1
- Parking Features: Garage
Exterior and Lot Features
Pool and Spa
- Pool Features: Community
- Pool Private: Yes
Waterfront and Water Access
Homeowners Association
- Association: Yes
- Association Fee: 9272
- Association Fee Frequency: Quarterly
- Association Fee Includes: Accounting, Insurance, Internet Service, Sewer, Trash
- Calculated Total Monthly Association Fees: 3091
School Information
- Elementary School: Dune Lakes
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
- BBQ Pit/Grill
- Beach
- Deed Access
- Dock
- Elevators
- Pool
- Waterfront
- Facilities: BBQ PitGrill2, Short Term Rental - Allowed, Deed Access, Dock2, Elevators, Pool2, Beach, Waterfront
- Community Features: BBQ Pit/Grill, Beach, Deed Access, Dock, Elevators, Pool, Waterfront
Other Property Info
- Source Listing Status: Active
- County: Walton
- Directions: Watercolor Beachside is on the south side of 30A.
- Source Property Type: Residential
- Area: 18 - 30A East
- Property Subtype: condo
- MLS Area Minor: 1806 - S of of 30A/East
- Source Neighborhood: WATERCOLOR
- Parcel Number: 15-3S-19-25409-000-0050
- Subdivision: WATERCOLOR
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2805
- Year Built: 2001
- Building Area Source: Building Plan
- Building Area Total: 2805
- Building Exterior Type: Roof Metal, Siding CmntFbrHrdBrd
- Construction Materials: Roof Metal, Siding CmntFbrHrdBrd
- Property Age: 24
- Property Condition: Construction Complete
Utilities
- Electric
- Gas - Natural
- Public Sewer
- Public Water
Home Features
- Energy: AC - Central Elect