Karen Martineau Destin Real Estate Creating Value On The Coast

1001 Scenic Gulf Dr , Suite F Miramar Beach ( Florida, US - 32550) Built

$879,100

REMAX Coastal Properties

Karen Martineau Karen Martineau 850-499-6930 (Office) 850-499-6930 (Cell) 1888-772-5010 (Fax) Request More Info

  • Type: Residential
  • Style: 3 Story
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1,632 sq. ft.
  • Development Level: Built
  • Year Built: 1983
  • MLS #: 837334

Description

ACT NOW on this LOWEST PRICED GULF FRONT, 4 BR TOWNHOME w/ $101,000 ANNUAL PROJECTED RENTAL INCOME! Earn an estimated $38,572 NET income after expenses or 23% Return on cash w/financed purchase or an estimated $79,876 NET income or 9.7% ROI w/cash purchase. Offering an open floor plan, this renovated beach Home delivers stunning Gulf views from almost every room. White shiplap walls & LVP floors provide a beachy feel. Perfectly furnished & configured to comfortably sleep 16, this home is set up to generate high rentals for a savvy investor, or offers the opportunity to offset some or all of the costs if purchased for a 2nd/Beach Home. Other features include beautiful kitchen w/granite counters & SS appliances, updated baths, NO HOA fees & corner location w/NO shared wall on right. Located in the heart of Miramar beach, this beach home is close to restaurants, shopping & golf. Act now as this Gulf front Home won't last long. .....Although 2018 ACTUAL rental income was $83,000, this was WITHOUT 7 weeks of rental income in March & April AND WITHOUT 4 weeks of personal use in June thru Aug. Consequently, if these weeks would have been rented, property would have generated OVER $101,000.

Attachments

P2#365089270
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Information is deemed to be correct but not guaranteed.