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Key Details
Sold Price $721,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 760 sqft
Price per Sqft $948
Subdivision Gulf Shores Condo Motel
MLS Listing ID U8160599
Sold Date 05/26/22
Bedrooms 2
Full Baths 2
Construction Status No Contingency
HOA Fees $460/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $5,398
Lot Size 9813.000 Acres
Acres 9813.0
Property Description
SELLERS ARE CALLING FOR HIGHEST AND BEST BY 8 PM SUNDAY 05/01/22. LIMITED SHOWING WINDOW FROM 3 - 5 PM SUNDAY 05/01/22. SELLERS HAVE DECIDED TO TAKE CASH ONLY OFFERS DUE TO THE UNCONVENTIONAL FINANCING IT WOULD TAKE TO GET THE DEAL CLOSED. CLOSING DAY WILL BE ON MAY 26TH DUE TO VACATION RENTER TURNOVER DAY. -- Want to earn a great income and have your own place to stay at the beach, this is it! 2 bedrooms, 2 bathrooms, ground floor condo with sliding glass doors that open to the beach. You can walk right onto the beach. This vacation rental comes fully furnished with furniture, decorations, dishes, linens, and bedding. It is the perfect setup for a beach property. Tile floors all the way throughout. Open floor plan. You can be doing dishes and checking out the dolphins in the Gulf of Mexico. Inside laundry closet with stackable washer and dryer. Private, lockable owner's closet. Outside community storage closet. Plenty of space on the patio to store beach equipment. Just imagine grilling and having dinner on the patio facing the beach. Patio is still usable on the warm days since it has a ceiling fan. Some of the major upgrades include a new a/c system, electrical panel, and hurricane impact sliders in 2017, washer/dryer and refrigerator are 2019. A favorite feature is the light blue honeycomb floor to ceiling shades that cover the hurricane impact sliding glass doors. They allow light to come through, but the world cannot see into the condo. The condo is turnkey ready and has rental reservations through December. Just a few open days in May, and June and July are booked. The owners have had repeat renters over the past 5 years. Netted $60,000 in 2021 and will exceed that amount this year. This is a small quiet complex of 8 well-managed units, and this unit is an end unit. The membrane roof was placed in 2017, Hardie Board siding was and new patio railings in 2018. The monthly condo fee of $460 covers all utilities except electric and internet. Owners are currently paying less than $1,900 a year for walls-in insurance. This is a golden beach opportunity in an area where vacationers can truly unwind and walk to restaurants, shopping and even a water park. View the virtual tour before scheduling an appointment. Due to constant rental bookings, showings are very limited. Ask your Realtor for all the governing documents and financials. This is a non-smoking property.
Location
State FL
County Pinellas
Community Gulf Shores Condo Motel
Zoning 0436
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Tile
Furnishings Furnished
Fireplace false
Appliance Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Sliding Doors, Storage
Garage Assigned, Ground Level
Community Features Buyer Approval Required, Deed Restrictions, Golf Carts OK, Special Community Restrictions, Water Access, Waterfront
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Amenities Available Cable TV
Waterfront true
Waterfront Description Beach - Public
View Y/N 1
Water Access 1
Water Access Desc Beach - Public,Gulf/Ocean
View Water
Roof Type Membrane
Porch Covered, Patio, Rear Porch
Parking Type Assigned, Ground Level
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, Level, Near Public Transit
Story 2
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding, Wood Frame
New Construction false
Construction Status No Contingency
Others
Pets Allowed Yes
HOA Fee Include Cable TV, Common Area Taxes, Insurance, Maintenance Structure, Management, Pest Control, Sewer, Trash
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Fee Simple
Monthly Total Fees $460
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Num of Pet 2
Special Listing Condition None
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