$260,000
$264,900
1.8%For more information regarding the value of a property, please contact us for a free consultation.
3291 Scenic Highway 98 #309 Destin, FL 32541
1 Bed
1 Bath
730 SqFt
Key Details
Sold Price $260,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 730 sqft
Price per Sqft $356
Subdivision Grand Caribbean East Condo
MLS Listing ID 825544
Sold Date 02/04/20
Bedrooms 1
Full Baths 1
Construction Status Construction Complete
HOA Fees $500/mo
HOA Y/N Yes
Year Built 1995
Annual Tax Amount $2,018
Tax Year 2030
Property Description
AMAZING RENTAL INCOME! This 3rd floor condo produced $38,955 in rental income for 2018 and $22,238 in net income! An 8.2% ROI for a cash buyer. Most condos only generate $20k in rental income. See attached 2018 financial documents. Already completely booked for summer. #309 features fresh paint and carpet throughout and great views of the Gulf. Condo sleeps six with a king bed, bunk beds, and a new queen sleeper sofa. Grand Caribbean East is in the desirable Crystal Beach area which is next to plenty of shopping and activities. Listing agent has ownership interest.
Location
State FL
County Okaloosa
Area 14 - Destin
Rooms
Guest Accommodations BBQ Pit/Grill,Community Room,Dumpster,Picnic Area,TV Cable,Whirlpool
Kitchen First
Interior
Interior Features Floor Vinyl, Floor WW Carpet, Furnished - All, Newly Painted, Walls Wainscoting, Washer/Dryer Hookup, Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Hot Tub, Pool - In-Ground
Garage Guest
Pool Community
Community Features BBQ Pit/Grill, Community Room, Dumpster, Picnic Area, TV Cable, Whirlpool
Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable
View Gulf
Private Pool Yes
Building
Story 3.0
Structure Type Roof Metal,Siding Vinyl,Trim Aluminum
Construction Status Construction Complete
Schools
Elementary Schools Destin
Others
HOA Fee Include Ground Keeping,Internet Service,Master Association,Sewer,Trash,TV Cable,Water
Assessment Amount $500
Energy Description AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Storm Doors,Water Heater - Elect
Financing Conventional,Other
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