This property is for BOTH units located just steps from the beach. Both properties are rented as short term rentals and have outstanding income generation. Check attached documents for Rent Roll for 2023.
A Rare Investment Opportunity…EIGHT BEDROOMS/ 6 BATHS… TWO identical, 10 guest, 4 BR/3BT townhomes just a short 2 minute walk from the Gulf of Mexico and its pristine sugar sandy beaches. Built to withstand extreme wind events and hurricanes. The home features commercial grade precast hollow-core concrete planking set over reinforced block; roof trusses with glued wood that is stronger than steel and tied to the roof with metal clips; beveled corners to reduce hydrostatic pressure; flat roof with elastomeric membranes; hipped-roof facades to deflect severe hurricane winds; Hardie cement vertical siding; oversized 6″ downspout systems, and industry-leading PGT WinGuard Vinyl Hurricane impact windows and doors. Significant capital improvements minimize the homes’ maintenance and maximize the rental income (Unit $153, 994 GROSS revenue booked as of 7/5/21 A turn-key furnishings convey). By using Unit as a rental (currently occupied by sellers) projected gross income would be significantly increased! These well designed, beautifully decorated homes offer open living concepts; 10′ and 9′ ceilings w/ crown molding; travertine stone interior/exterior flooring; Pergo laminate and bamboo flooring in the bedrooms; oak hardwood stairs; verandas off all bedrooms, kitchens and living areas; stainless appliances; granite countertops throughout; spacious master bedroom suites on top floors with Jacuzzi tubs, separate showers, private water closets, and verandas with majestic Gulf views. Spanish Rojo Alcante marble in all bathrooms and master Jacuzzi areas. Private elevators in each townhouse give access to all living levels from carport. TWO private, heated, saltwater pools with Trex composite decking and vinyl fencing. Wired smoke detectors. Stairways from garages to kitchens. Convenient queen bedrooms off main floor living area with full baths. Newer, 5-ton variable speed A/C units and TOO MANY other wonderful features to list! Properties have separate tax IDs and may be sold separately in the future.