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Property Description

If you're looking for a high income-producing investment property on 30A with gulf views, private deeded beach access and a prime location on 30A, you've found the ONE! With a solid self-managed rental history of $56K in 2022 and on track for $60K in 2023, cap rate returns on this elegantly designed, coastal studio condo just make sense. Situated on the third floor of the popular Inn at Gulf Place east tower, this uniquely positioned corner unit has direct gulf views from both the balcony and side window, ushering in an abundance of natural light. New coastal-inspired furnishings, tranquil interior paint colors, modern flooring and bathroom updates. Accommodating up to four guests with a king bed and queen sleeper sofa, this fully furnished unit feels extra spacious and welcoming. All the modern amenities such as a mini-fridge, microwave and special coffee/wine bar makes this a perfect coastal retreat for a couple, single guests or family with kids. Easy access via elevators (or stairs) and cozy balcony overlooking the turquoise waters offers an enchanting respite from hustle and bustle of daily life hearkening true vacation vibes and relaxation.

This is one of the highest performing studio rentals in Gulf Place. Actuals (not projections) will reach $60K in 2023. New hot water heater (2022), new split HVAC unit (2022) and updated bathroom (2022) make this a true turnkey, investment opportunity ideal as a private beach retreat or vacation rental. Easy stroll to some of 30A's most popular hot spots including: Shunk Gulley, Perfect Pig, Shelby's Beach Bar, Sunrise Coffee shop, Pecan Jack's ice cream, and the new Papa Surf's Burger Bar. Don't miss the opportunity to own your own slice of paradise and top performing investment property on 30A! Please note: special assessment for building elevator improvements of $407.08/monthly from November 2023 - February 2024 to be paid by seller. All rentals convey to new buyer if desired. Unit is sold fully furnished.

Overview

Property Status
Sold
Date Sold
November 13, 2023
MLS ID
933449
Property Type
Condo
Year Built
2001

Features & Amenities

Total Area
367 Sq.Ft.
Neighborhood
Santa Rosa Beach
Architecture Styles
N/A
View Description
Gulf
Stories
4
Utilities
Electric, Public Sewer, Public Water, TV Cable
Pool
Pool Type
Heat Type
Wall/Window
Air Conditioning
Wall/Window Unit(s), Ceiling Fan(s)
Appliances
Fire Alarm/Sprinkler, Microwave, Refrigerator, Smoke Detector
Other Interior Features
Elevator, Floor Tile, Furnished - All, Plantation Shutters, Window Treatment All
Other Exterior Features
Balcony
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Sales Price
$445,000
Real Estate Tax
$1,725/yr
HOA
$627/mo

Downloads

Condo balcony view framed by palms, with neighboring buildings and a glimpse of Gulf water.

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 45 Town Center Loop, UNIT 312, Santa Rosa Beach, FL 32459

45 Town Center Loop, UNIT 312
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