$529,000
For Sale

144 Spires Lane #UNIT 106

Santa Rosa Beach, FL 32459
1 bed | 1.00 bath | #961266
Browse 32 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

RARE opportunity to invest in a CASHFLOWING investment property earning the highly desired 10% CAP RATE! This property has produced income over 10% of your investment for multiple years consecutively! Easy start up for new owners as it comes with a long list of REPEAT GUESTS! This unit sits directly across 30A from a Gulf Place DEEDED beach access point for your beach loving guests, and also has a private pool entrance from the condo's gated back patio for your guests that prefer convenience to a pool! Gulf Place features an immense amount of family friendly activities and adventures that are all within walking distance from the unit's front door! Inside, you'll notice the primary bedroom just inside the main entry. With a king-sized bed, a full closet, and access to the bathroom

  • Interior Details
      • InteriorBreakfast Bar, Floor Tile, Floor WW Carpet, Furnished - All, Window Treatment All, Woodwork Painted
    • Beds & Baths
      • Bathrooms1.00
      • Bedrooms1
  • Property Details
      • Exterior MaterialsConcrete, Frame, Roof Tile/Slate, Stucco
      • Exterior FeaturesPatio Covered
      • Pool1
  • Construction Details
      • Property TypePurchase
      • StyleN/A
    • Condition
      • Year Built1996
  • Utilities / Energy Details
      • EnergyAC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
    • Utility
      • AppliancesCooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Stove/Oven Electric, Was
      • Utility FeaturesElectric, Phone, Public Sewer, Public Water, TV Cable
  • Community and Neighborhood Details
      • Community FeaturesBBQ Pit/Grill, Beach, Deed Access, Dumpster, Elevators, Picnic Area, Pool, Tennis, TV Cable, Whirlpool
      • SubdivisionGULF PLACE CARIBBEAN CONDO
    • Location
      • Middle SchoolEmerald Coast
      • Elementary SchoolVan R Butler
      • High SchoolSouth Walton
  • Financial Details
      • Taxes Annual$3,443
      • Taxes Annual Year2023
    • HOA
      • Hoa Fees1462.00
      • Hoa Fee FrequencyMonthly
  • Other
      • MLS #961266

Location

Marsha AdamsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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