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8436 Gulf Boulevard , #232

Navarre, FL 32566
  • $385,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 903782
UPDATED: 65 min ago
$385,000
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 738
    SQFT
  • $522
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2006
County:

School Information

Elementary School:
Middle School:
High School:

Description

Wow! This well-appointed condo is performing well above similar units as a short term rental (2021 gross income was over $61,000, 2022 gross income (bookings through November 1 "blocked after) are $49,000). This 3rd floor condo's balcony has views of the Gulf and Santa Rosa Sound. It comes fully furnished and set up with everything you need to accommodate 6 guests comfortably. Granite kitchen counters and stainless steel appliances make this kitchen a pleasure. 1 (king) bedroom, hallway bunks and 2 twin pull out chairs in the living room as well as 2 full bathrooms make this unit a flexible favorite for guests. Custom arcade gaming console with 300 games for 2 players! Gulf beach access is directly across the street. **Seller can continue management after purchase for 10%**Complex improvements underway are balcony reinforcements, complete paint of exterior of all buildings, sealing of windows and all railings recoated. That is nearly $4M worth of improvements that the current owner is paying assessments for and new owners and their guests will enjoy. Building improvements are scheduled to be completed by November 1 so bookings are blocked after that, ready for new owner. Will consider cash offers or financed with at least 40% down with an approved lender to avoid beach financing pitfalls. This experienced owner/manager of 4 Navarre Short term rentals is offering to help the new owner continue the success of this unit by managing future bookings, cleanings and maintenance for 10%. Owner selling to upsize his investments. Rental history, bookings and expenses available upon request. Don't miss out on this one!

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© 2022 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 ENGEL & VÖLKERS. Vendor Member number: 28178. Data last updated: 2022-10-05T20:59:22.213.
Vendor Member #28178.
www.30afineliving.com/homes/130959001
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8436 Gulf Boulevard , #232 Navarre, FL 32566

  • Price: $385,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 65 min ago
  • MLS #: 903782
1
Beds
2
Baths
0
½ Baths
N/A
Acres
738
SQFT
$522
$/SQFT
2006
Built
Neighborhood:
Gulf Island Condos
County:
Santa Rosa
Area:
Navarre/Gulf Breeze
Elementary School:
Holley-Navarre
Middle School:
Holley-Navarre
High School:
Navarre
Property Description
Wow! This well-appointed condo is performing well above similar units as a short term rental (2021 gross income was over $61,000, 2022 gross income (bookings through November 1 "blocked after) are $49,000). This 3rd floor condo's balcony has views of the Gulf and Santa Rosa Sound. It comes fully furnished and set up with everything you need to accommodate 6 guests comfortably. Granite kitchen counters and stainless steel appliances make this kitchen a pleasure. 1 (king) bedroom, hallway bunks and 2 twin pull out chairs in the living room as well as 2 full bathrooms make this unit a flexible favorite for guests. Custom arcade gaming console with 300 games for 2 players! Gulf beach access is directly across the street. **Seller can continue management after purchase for 10%**Complex improvements underway are balcony reinforcements, complete paint of exterior of all buildings, sealing of windows and all railings recoated. That is nearly $4M worth of improvements that the current owner is paying assessments for and new owners and their guests will enjoy. Building improvements are scheduled to be completed by November 1 so bookings are blocked after that, ready for new owner. Will consider cash offers or financed with at least 40% down with an approved lender to avoid beach financing pitfalls. This experienced owner/manager of 4 Navarre Short term rentals is offering to help the new owner continue the success of this unit by managing future bookings, cleanings and maintenance for 10%. Owner selling to upsize his investments. Rental history, bookings and expenses available upon request. Don't miss out on this one!
Exterior Features

Architectural Style N/A Exterior Features Balcony View SoundGulf

Interior Features

Cooling Ceiling Fan(S) Cooling YN Yes Interior Features Floor TileFloor VinylFurnished - AllHallway Bunk BedsWasher/Dryer HookupWindow Treatmnt Some Kitchen Appliances DishwasherDryerMicrowaveRefrigeratorStove/Oven ElectricWasher Room Type KitchenMaster BedroomLiving Room Rooms Total 3

Property Features

Association Fee Frequency Quarterly Association Fee Includes AccountingGround KeepingInsuranceManagement Association Fee2 1140 Association YN Yes Buyer Financing Conventional Community Features LeaseholdPoolTv Cable New Construction YN No Property Class Residential Property Condition Construction Complete Property Sub Type Condominium Tax Amount 2577.46 Tax Year 2021 Utilities ElectricPublic SewerTv Cable

Listing courtesy of Coldwell Banker Realty: (850) 684-1003.


© 2022 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 ENGEL & VÖLKERS. Vendor Member number: 28178. Data last updated: 2022-10-05T20:59:22.213.
Vendor Member #28178.
 
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ENGEL & VÖLKERS
3557 E. Co. Hwy 30A
Santa Rosa Beach FL, 32459