VA APPROVED! Fully furnished unit in Destin West Beach and Bay Resort with access to white sand beaches, a lazy river, and resort style amenities, making it ideal as a vacation getaway or income producing rental. Projected gross income is approximately $30,000 per year with an estimated NOI of $11,592 annually, reflecting about a 4.29% cap rate, with potential up to approximately $16,992 annually or about a 6.3% cap rate through self management or improved rental performance. Future rental bookings are already in place, providing immediate income potential for the new owner from day one. This is a great opportunity to own a beach property with income potential in a high demand area. All income, expense figures, and future bookings are estimates based on market data and comparable properties. Actual results may vary and buyers should independently verify all information. Pet-friendly for owners, this unit is vacation-rental ready ideal for Airbnb or VRBO hosts looking to expand in a high-demand beachfront location.
Listed By
Agency Name: The Property Group 850 Inc
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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1517 SE Miracle Strip Parkway, Unit 403, Fort Walton Beach, FL 32548.
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1517 SE Miracle Strip Parkway, Unit 403, Fort Walton Beach, FL 32548.
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1517 SE Miracle Strip Parkway, Unit 403 | MLS# 999350
This condo located at 1517 SE Miracle Strip Parkway, Unit 403, Fort Walton Beach, FL 32548 is currently listed for sale with an asking price of $270,000. This property was built in 2006 and has 1 bedrooms and 1 full baths with 460 sq. ft. SE Miracle Strip Parkway, Unit 403 is located in the DESTIN WEST GULFSIDE VILLAS subdivision. Search DESTIN WEST GULFSIDE VILLAS real estate on www.beachybeach.com today.