$51, 000 RENTAL INCOME FOR 2025 with current tenants and ZERO rental mgt fees! Welcome to a rarely available ground floor unit located in Lasata in Baytowne area of Sandestin Resort. The renovated interior includes new cabinets, countertops, appliances, ceramic wood plank flooring, drapes and furnishings and feels more like a home with a private open back yard area. This unit can be used as a two bedroom two bath OR one bedroom one bath with a separate 'studio 'lockout'' one bedroom one bath. Currently both the one bedroom and studio have a long term tenant that generates $51, 000 gross income with ZERO mgt fee. This equates to gross rental of $67, 000 with a 25% mgt fee.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 14.0 x 14.0
- Bedroom 1 Level: First
Other Rooms
- Total Rooms: 4
- Balcony: 20.00 x 25.00
- Balcony Level: First
- Balcony Features: Large covered pa
- Living Room Dimensions: 15.0 x 20.0
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
Appliances
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Freezer
- Microwave
- Washer
Heating and Cooling
- Cooling Features: Central Air
Kitchen and Dining
- Kitchen Dimensions: 10.0 x 16.0
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Road Frontage Type: City Street
Pool and Spa
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Garage
Home Features
- View: Bay
- Energy: AC - Central Elect
Homeowners Association
- Association: Yes
- Association Fee: 1576
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 1576
School Information
- Elementary School: Van R Butler
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
- Beach
- Community Room
- Dumpster
- Gated Community
- Facilities: Dumpster, Community Room, Gated Community, Beach
- Community Features: Beach, Community Room, Dumpster, Gated Community
Other Property Info
- Annual Tax Amount: 3098
- Source Listing Status: Active
- County: Walton
- Directions: Enter the north gate of Sandestin Resort and take Heron Walk Drive at the first roundabout. At the second roundabout take the second right turn onto Baytowne Ave. Drive past Baytowne Village entrance and take next left at Hotel Effie. Lasata is located directly behind Grand Sandestin in Baytowne.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 15 - Miramar/Sandestin Resort
- Property Subtype: condo
- MLS Area Minor: 1503 - Sandestin Resort
- Source Neighborhood: LASATA
- Parcel Number: 23-2S-21-42501-000-3014
- Subdivision: LASATA
- Property Subtype: Condominium
- Source System Name: C2C
Accessibility Features
Building and Construction
- Total Square Feet Living: 1409
- Year Built: 2004
- Building Area Source: Building Plan
- Building Area Total: 1409
- Building Exterior Type: Concrete, Slab, Stucco
- Construction Materials: Concrete, Slab, Stucco
- Property Age: 21
- Property Condition: Construction Complete
- Building Total Stories: 6
Utilities