Description
Unit 303 Summer Place is a 3-bedroom 3 bath unit with excellent rental income. Well maintained with only two owners. New A/C in 2019 & HWH in 2018, new kitchen appliances in 2018. Plank tile flooring throughout, beadboard panels under the breakfast bar, tiled balcony and unbelievable Gulf views from Kitchen, Dining, Living and Master Bedroom. Summer Place Condos offers on-site check in desk with sellers' current rental manager, two pools, one of which is heated, outdoor grilling area, gated parking area for owners and guest only, owner pets allowed, and a Gulf view fitness center. Beach chair set up is $1,600 annually giving each guest one set up as well as the owner when visiting. 2022 Gross rental income $86,229, 2021 Gross income $76,097. Over 24K in future bookings. 2023 income through 8/31/23 is $71,246. Projected bookings for the remainder of 2023 is $19,219 totaling $90,465 for 2023. Average electrical $153.05 per month. Summer Place Fronts 230 ft of beach.
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3BEDS
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N/AACRES
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3BATHS
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01/2 BATHS
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1,415SQFT
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$0$/SQFT
School Information
Description
Unit 303 Summer Place is a 3-bedroom 3 bath unit with excellent rental income. Well maintained with only two owners. New A/C in 2019 & HWH in 2018, new kitchen appliances in 2018. Plank tile flooring throughout, beadboard panels under the breakfast bar, tiled balcony and unbelievable Gulf views from Kitchen, Dining, Living and Master Bedroom. Summer Place Condos offers on-site check in desk with sellers' current rental manager, two pools, one of which is heated, outdoor grilling area, gated parking area for owners and guest only, owner pets allowed, and a Gulf view fitness center. Beach chair set up is $1,600 annually giving each guest one set up as well as the owner when visiting. 2022 Gross rental income $86,229, 2021 Gross income $76,097. Over 24K in future bookings. 2023 income through 8/31/23 is $71,246. Projected bookings for the remainder of 2023 is $19,219 totaling $90,465 for 2023. Average electrical $153.05 per month. Summer Place Fronts 230 ft of beach.
© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS or Posh Beach Realty. Vendor Member number: 28178. Data last updated: 2024-09-13T17:05:00.783.
Vendor Member #28178.