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Key Details
Sold Price $340,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 802 sqft
Price per Sqft $423
Subdivision Waters Edge Condo Unit 206
MLS Listing ID 833453
Sold Date 02/05/20
Bedrooms 1
Full Baths 2
Construction Status Construction Complete
HOA Fees $340/mo
HOA Y/N Yes
Year Built 2002
Annual Tax Amount $2,559
Tax Year 2018
Property Description
This 1-bed, 2-bath Gulf-front unit comes fully furnished and rental-ready with a well-documented record of success. Annual gross rental is consistently in the mid 30K range. As of Sept. this unit grossed $33,623 with forward booking projecting a year-end gross rent of $36,184. It accommodates 6 guests with a queen bed, hallway bunk, and sleeper sofa. The 96 sq. ft. balcony offers a panoramic view of the Gulf, the beach, and the Gulf-front community pool & hot tub. Waters Edge was built in 2002 with 6 floors and 107 units. Its amenities include 2-pools (1 heated in the shoulder months), hot tub, grill area, exercise room, game room, and covered parking.Vacation renters familiar with this unit consistently rate it 5-star with comments indicating one of the best on Okaloosa Island.
Location
State FL
County Okaloosa
Area 12 - Fort Walton Beach
Rooms
Guest Accommodations BBQ Pit/Grill,Beach,Elevators,Exercise Room,Pets Allowed,Pool,TV Cable
Kitchen First
Interior
Interior Features Floor Tile, Furnished - All, Hallway Bunk Beds, Owner's Closet, Washer/Dryer Hookup, Window Treatment All
Exterior
Exterior Feature Balcony
Parking Features Covered, Garage Detached
Pool Community
Community Features BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pets Allowed, Pool, TV Cable
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf,Shore - Beach,Unit Waterfront
View Gulf
Private Pool Yes
Building
Story 1.0
Water Gulf, Shore - Beach, Unit Waterfront
Structure Type Block,Concrete,Roof Membrane,Steel,Stucco
Construction Status Construction Complete
Schools
Elementary Schools Elliott Point
Others
HOA Fee Include Accounting,Ground Keeping,Insurance,Internet Service,Sewer,Trash,TV Cable,Water
Assessment Amount $340
Energy Description AC - Central Elect,Ceiling Fans,Double Pane Windows,Heat Pump Air To Air,Water Heater - Elect
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Bought with Keller Williams Realty Navarre
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