Property Type:
Residential
Bedrooms:
9
Baths:
10
Square Footage:
4,949
Lot Size (sq. ft.):
7,405
Status:
Sold
Current Price:
$2,400,000
List Date:
4/02/2021
Last Modified:
10/22/2024
Description
CALLING ALL INVESTORS: ''Born to Sun'' is a 9 bedroom/10 bathroom Coastal Retreat with over $247,000 in rental income already on the books for 2021. This Frangista Beach home, designed by B Design, was completed in 2016 and is built on an oversized 65 ft. by 100 ft. lot, located 200 yards from the deeded beach access for the community. The owner is providing a gross rental income guarantee of $260,000 per year for the next two years through Beach Reunion management company.
All king suites have private baths that are custom detailed with tile and chrome fixtures. These suites are serviced by an elevator that carries guests and luggage to the 2nd and 3rd floors. The only queen suite on the first floor has a private bath which overlooks the private heated pool.
Supplements: There is a stand alone steam bath next to the pool and summer kitchen.
A six seat golf cart is included with the sale and stays with the house in the garage. This golf cart will provide extra income to the savvy investor.
The Watermark pool is one of the largest in Frangista and has a ten person hot tub and a swim up table. The LED pool lights and pergola Edison lights illuminate the backyard beautifully during the evening hours. The summer kitchen features a commercial ice maker, under mount refrigerator, and freestanding gas grills. The outdoor space is completed with a quartz countertop, wet bar sink, Yeti cooler, 60 inch TV, and a floor to ceiling wave tile.
"Born to Sun" has undergone recent upgrades with painting and furniture leading into the 2021 rental season. In addition, the house is part of a property exchange club that can be continued or cancelled which has provided the current owner with stays at similar properties in the Virgin Islands, Cabo San Lucas, and Park City Utah.
"Born to Sun" is a rock solid proven investment property that has an established track record. This house has many repeat guests who return year after year along with 19- "5 star" reviews. Call today to arrange a showing!
Listing Office: Gulf Realty 30A LLC
Last Updated: October - 22 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
