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Key Details
Sold Price $523,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $345
Subdivision Sugar Beach Condominiums
MLS Listing ID 922348
Sold Date 07/05/23
Bedrooms 3
Full Baths 3
Construction Status Construction Complete
HOA Fees $618/qua
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $3,075
Tax Year 2022
Property Description
If an 8% Return on Investment (ROI) sounds too good to be true, I challenge you to give me just a few seconds to change your mind...A seasoned investor knows to base their decisions on facts and solid data (not projections), and this incredible property has already grossed $52k since last June, and with current bookings/open opportunities, it is well on pace to exceed $70k in the previous 12 months. What makes this all the more impressive is the fact that this is the unit's first full year on the rental market, and it is only getting started!
Location
State FL
County Bay
Area 27 - Bay County
Rooms
Guest Accommodations BBQ Pit/Grill,Beach,Community Room,Dumpster,Game Room,Gated Community,Handball,Handicap Provisions,Laundry,Pets Allowed,Pickle Ball,Picnic Area,Pool,Short Term Rental - Allowed,Tennis,TV Cable,Waterfront
Kitchen First
Interior
Interior Features Floor Laminate, Floor Tile, Furnished - All, Owner's Closet, Renovated, Washer/Dryer Hookup, Window Treatment All
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Fenced Lot-All, Patio Covered, Patio Open, Pool - House, Pool - In-Ground, Porch, Sprinkler System, Tennis Court
Pool Community
Community Features BBQ Pit/Grill, Beach, Community Room, Dumpster, Game Room, Gated Community, Handball, Handicap Provisions, Laundry, Pets Allowed, Pickle Ball, Picnic Area, Pool, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Pond
View Gulf, Pond
Private Pool Yes
Building
Water Pond
Structure Type Block,Concrete,Roof Flat,Slab,Stucco
Construction Status Construction Complete
Schools
Elementary Schools Breakfast Point
Others
HOA Fee Include Accounting,Ground Keeping,Security,Sewer,Trash,TV Cable,Water
Assessment Amount $1,856
Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Elect
Financing Conventional,FHA,VA
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Bought with ERA Neubauer Commercial
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