Listing information is for one unit out of the 40 included. Units are 2/1, 2/2 and 1/1 and 1/2. This is for a 40 unit investor package. Great deal on super rental income property with great rental numbers. Occupancy runs between 95-100% year round. Investors looking for tax depreciation and equity appreciation will love this package. Great location in the heart of Destin. This property has seen many improvements over the past 5 years. The maintenance fees have not gone up during that time. The association shows great financial records and a nice reserve account. Units are immediately occupied when vacancy occurs. Management contract in place and will continue for the next two years. Many of the units have water views, park views and tennis court view. Buyer to verify dimensions.
4000 Gulf Terrace Dr 1000,107,108,109,110,113,etc
BBQ Pit/Grill, Community Room, Dock, Dumpster, Fishing, Laundry, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable Available, Waterfront
Electric Available, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available
Lake, Shore: Natural, Unit Waterfront
Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric
Block, Concrete, Frame, Roof Flat, Roof Metal, Siding Vinyl, Siding Stucco
Balcony, BBQ Pit/Grill, Deck Open, Fenced Chain Link, Fenced Privacy, Pavillion/Gazebo, Pool - In-Ground, Porch Covered, Shower, Tennis Court
|Price Reduced (from $4,200,000)||$3,999,000||$201,000 (4.79%)|
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Listing information last updated on March 24th, 2019 at 12:00pm CDT.