Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
2001
Sq.Footage
2,805
Producing over $167,000 in actual rental income last year, Watercolor Beachside Unit 5 is a premier investment property in one of 30A's finest communities. Capturing sweeping Gulf views across a 33ft beachfront balcony, this coastal escape displays the best that Watercolor has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has over 2,800 SF & a two level floor plan that lives like a home. Nestled in an exclusive gulf-front development, Unit 5 enjoys a private community pool as well as a private parking garage. This outstanding unit is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor, Seaside and all the amazing dining & shopping options nearby. The second level showcases striking Gulf views from the oversized 33ft beachfront balcony. The first level also has a huge 33ft covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental with official rental projections at $162,350 per year. Rental income history, rental income projections & estimated expenses are available by request. Reach out to set up a virtual tour or in-person showing. Also inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. Tour this one-of-a-kind beachfront residence today!
Features & Amenities
Interior
-
Other Interior Features
Elevator
-
Total Bedrooms
4
-
Bathrooms
3
Area & Lot
-
Property Type
Residential
-
Architectural Style
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Fiber Cement
-
Other Exterior Features
Balcony
Financial
-
Sales Price
$4,350,000
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Location
County
Walton
Elementary School
Dune Lakes
Middle School
Emerald Coast
High School
South Walton
Listing Courtesy of The Dixon Team , 30A Homes Sales
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Broker Associate
EXP LuxuryGroup 30A
Call EXP Luxury today to schedule a private showing.
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