1517 SE Miracle Strip Parkway, Unit 403 Fort Walton Beach, FL 32548

PRICED AT $270,000

Listing Details

$270,000
MLS# 999350
Type Residential - Condominium
Status Active

1 Bedrooms
1 full Bathrooms
460 Square Feet
2006 Year Built

Description

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...read more

Features

Cooktop
Dishwasher
Microwave
Refrigerator
Smoke Detector
Ceiling Fans, Central Air
Floor Tile
Central
$3,150 Taxes
Built in 2006

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Gallery

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