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For Sale

$429,000

$1

3799 E County Highway 30A Unit H6, Santa Rosa Beach, FL 32459

  • 1Bed
  • 1Bath
  • 640SqFt
  • 1Bed
  • 1Bath
  • 640SqFt
  • Property Type
    Condo
  • Year Built
    1985
  • HOA Fees
    $1135/mo
  • Price per Sqft
    $670
  • On highrises
    65 Days

Property Details

EXCELLENT RENTAL PRODUCER! $38, 000 in 2024 with 167 days of owner usage! Step into this tranquil condo retreat at Beachwood Villas, perfectly positioned on the second floor just steps away from the public Seagrove Beach access. Whether you're looking for a vacation retreat or an investment opportunity, this condo checks all the boxes. This condo was completely repainted to bring to the market and has built-in bunkbeds, offering the ability to sleep 6. Beachwood Villas #H-6 offers great income potential. IMPORTANT NOTE: The sellers run a successful Airbnb business and are Airbnb Super Hosts with multiple properties under management, are offering a unique opportunity for buyers to continue the management of the condo through their established property management services, at 10% fee Rental income for 2023 was $37, 740.03 with 167 days rented, delivering a cap rate of around 5%. With a normal occupancy rate of 60%, rental income could rise to approximately $49, 500, which results in a cap rate of 7%. These projections are educated guesses based on simple math; all information listed is not guaranteed but has been provided to the best of our ability. This property is a fantastic choice for buyers seeking a successful vacation rental in one of the most sought-after locations along 30A. IMPORTANT NOTE: For those looking to take it a step further, the sellers are happy to work closely with new owners to ensure a smooth transition to self-management, providing an excellent learning opportunity for anyone looking to manage their property independently in the future. Plus, with owner usage included, you'll enjoy the benefits of both personal enjoyment and steady rental income with a strong occupancy rate. Beachwood Villas itself is a resort-style community offering a wealth of amenities, including two swimming pools, tennis courts (also lined for pickleball), shuffleboard courts, a playground, and outdoor grilling areas. Plus, the unbeatable location means you're within walking distance to top-rated dining options like Caf 30A and Angelina's, all within a half-mile, and the iconic Seaside, Florida, is just under 2 miles away. Don't miss out on this incredible opportunity to own a piece of paradise in the heart of Seagrove Beach!

Property Features

Bedrooms

  • Bedrooms: 1
  • Bedroom 1 Dimensions: 12.0 x 12.0
  • Bedroom 1 Level: First
  • Presented by:
  • Daniel Walker
  • state license#3249511

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