Listing ID897691
Price$265,000
Bedrooms1
Total Baths1
Full Baths1
SqFt
750
StatusActive
CountyOkaloosa
Year Built1973
Property TypeResidential
Property Sub TypeCondominium
Great investment opportunity! 1 bed/1 bath condo with balcony, and beautiful private lake view; located in the heart of Destin! Unit has been a vacation rental machine for years, and will be a great investment property for new ownership. $25k to $32k in rental projections for 2022. Unit comes fully furnished. Washer & dryer in the unit, located on the second floor. GE appliances. Tile flooring throughout. Complex is gated, well maintained, and allows pets. Amenities include: 3 pools, 2 tennis courts, on site laundry facilities, BBQ areas, golf cart/boat storage, and a lake for fishing. Quick access to beaches, restaurants, entertainment, & shopping. This unit is turnkey ready, and won't last long. Buyer to verify all dimensions.
County
Okaloosa
Price Before Reduction
270000
Price Reduction Date
2022-08-08T22:21:38+00:00
Property Sub Type
Condominium
Property Type
Residential
Subdivision
Gulf Terrace Condo
Year Built
1973
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Bathrooms Total Integer
1
Interior Features
Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet
Rooms Total
6
Architectural Style
N/A
Construction Materials
Block, Roof Metal, Vinyl Siding, Slab
Exterior Features
Balcony, Patio Covered
Lot Size Units
Acres
Association
yes
Building Area Source
Agent-Measured
Community Features
BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Picnic Area, Pool, Tennis, TV Cable
Directions
Across the street from Sundestin. Located on the North side of Hwy 98. The Gulf Terrace Gate Entrance is between Chick-fil-A and Shakes Ice Cream. Unit 201 is on the second level in building #1.
Elementary School
Destin
High School
Destin
Middle Or Junior School
Destin
MLS Area Major
14 - Destin
MLS Area Minor
1403 - West Destin
View
Lake
Waterfront
yes
Waterfront Features
Lake
Documents Count
9
New Construction
no
Number Of Buildings
8
Number Of Units In Community
8
Property Condition
Construction Complete
Utilities
Community Sewer, Electric, Public Sewer, Public Water, TV Cable
Association Fee 2
474.65
Association Fee Frequency
Monthly
Association Fee Includes
Accounting, Ground Keeping, Insurance, Internet Service, Management, Sewer, Water
Tax Annual Amount
1139.35
Tax Year
2021
© 2022 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but is not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: Sunday, August 14th, 2022 12:07:25 AM. Listing courtesy of Corcoran Reverie SRB.
Data services provided by IDX Broker
