$400,888
Description
Experience beachfront luxury at its finest! This property presents three stunning condos on the 8th floor, each offering breathtaking ocean views. Renovated to perfection, these units feature new flooring, updated kitchens, and modern appliances, providing an inviting living space. Sold fully furnished, this turnkey property offers seamless investment potential. Whether you choose to live in one unit and rent out the others or capitalize on the short-term rental market, the opportunities for profit are endless. Currently fully occupied, with the option to reclaim one unit for owner occupancy with a 30-day notice, this property offers flexibility and immediate returns. Situated in a meticulously maintained building undergoing over $9 million in upgrades, there's no need to worry about special assessments. Owners will enjoy access to a range of amenities, with HOA dues covering water, electricity, Wi-Fi, and exclusive access to beachfront facilities. With the option to join the association's short-term rental program or self-manage, the current owner is available to assist with the transition. Offering a cap rate of 7% or more, this property is a rare opportunity to invest in beachfront luxury and enjoy lucrative returns for years to come.
Listed by Serena Orgin, .
Property Highlights
- Waterfront: Beach Access
- Pool
- Association Fee: $1,229
- View: Beach, Water
- Property Type: Condo/Co-op, Condominium
- MLS #: A4607927
Room Information
| Fireplace Features | Yes |
| Full Baths | 3 |
| Garage | Yes |
| Garage Spaces | 1 |
| Total Baths | 3 |
| Total Beds | 3 |
Property Features
| Direction Faces | East |
| Has View | Yes |
| Interior Square Footage | 1,130 |
| Rooms | 4 |
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