1111 Santa Rosa Boulevard Unit #UNIT 303, Fort Walton Beach, FL 32548

$850,000
3
BD
3
BA
1,415
SqFt
Sold Price
$850,000
List Price
$979,000
Status
SOLD
Days on Market
50
Closing Date
Dec 06, 2023
MLS#
931390
Year Built
2003
Bedrooms
3
Bathrooms
3
Full Baths
3
Living Area
1,415
Subdivision
Summer Place
Neighborhood
1201 - Okaloosa Island
Building Name
Summer Place
MLS Area Major
Fort Walton Beach

Property Description

Unit 303 Summer Place is a 3-bedroom 3 bath unit with excellent rental income. Well maintained with only two owners. New A/C in 2019 & HWH in 2018, new kitchen appliances in 2018. Plank tile flooring throughout, beadboard panels under the breakfast bar, tiled balcony and unbelievable Gulf views from Kitchen, Dining, Living and Master Bedroom. Summer Place Condos offers on-site check in desk with sellers' current rental manager, two pools, one of which is heated, outdoor grilling area, gated parking area for owners and guest only, owner pets allowed, and a Gulf view fitness center. Beach chair set up is $1,600 annually giving each guest one set up as well as the owner when visiting. 2022 Gross rental income $86,229, 2021 Gross income $76,097. Over 24K in future bookings. 2023 income through 8/31/23 is $71,246. Projected bookings for the remainder of 2023 is $19,219 totaling $90,465 for 2023. Average electrical $153.05 per month. Summer Place Fronts 230 ft of beach.

Additional Information

Interior Features
Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Exterior Features
Balcony
Building Name
Summer Place
Appliances
Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer
Pool
Yes
Elementary School
Elliott Point
Middle School
Bruner
High School
Fort Walton Beach

Courtesy of Scenic Real Estate

Selling Office: MVP Realty TM.

Mortgage Calculator

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Calculator source: Real Geeks

Vendor Member Number : 28166