$523,000
$540,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,512 SqFt
SOLD DATE : 07/05/2023
Key Details
Sold Price $523,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $345
Subdivision Sugar Beach Condo
MLS Listing ID 740489
Sold Date 07/05/23
Style Low Rise
Bedrooms 3
Full Baths 3
HOA Fees $726/qua
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $3,075
Tax Year 2022
Property Description
If an 8% Return on Investment (ROI) sounds too good to be true, I challenge you to give me just a few seconds to change your mind...A seasoned investor knows to base their decisions on facts and solid data (not projections), and this incredible property has already grossed $52k since last June, and with current bookings/open opportunities, it is well on pace to exceed $70k in the previous 12 months. What makes this all the more impressive is the fact that this is the unit's first full year on the rental market, and it is only getting started!So why is this one different from all the others in PCB?Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only pet friendly Gulf front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one. In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that!It also offers a private gated beach access, a pool, tennis/pickleball courts, shuffleboard, a grilling area, a huge koi/turtle pond right out your back door, countless nearby restaurants/activities, over 375 feet of incredible beach access, and the list goes on!If the uniqueness of the property isn't enough to win your heart, just wait till you take a look inside what is destined to become your Gulf View condo...This amazing rental machine boasts a beautiful kitchen with stainless steel appliances, and it overlooks the breakfast bar, the living room, and the beautiful greenspace located right outside of your 2 back patios.The downstairs living area is well equipped with durable tile flooring, while the upstairs living areas and bedrooms are tastefully decorated with coastal style LVP flooring. The 3 well positioned bathrooms have updated toilets, vanities, and decor, and the entire condo is thoughtfully decorated with stylish furniture and decor.This incredible condo has everything you need to comfortably sleep 8, but when it's time to explore the sugar white sands of PCB, simply head out your back door to the private beach access - just a few feet away!After watching some of the world's most awe-inspiring sunsets on the beach or from your back patio, head out front to experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside your front door - and you don't need any vehicles to enjoy the best that PCB has to offer because of this condo's incredible location!When it comes to successful vacation rentals, it's all about location, location, location - and this condo is in the heart of everything you might want for creating unforgettable memories.
Location
State FL
County Bay
Community Barbecue, Beach, Clubhouse, Game Room, Laundry Facilities, Other, Park, See Remarks, Short Term Rental Allowed, Tennis Court(S), Waterfront, Gated, Pool, Sidewalks
Area 03 - Bay County - Beach
Interior
Interior Features Breakfast Bar, Smart Thermostat
Heating Central
Cooling Central Air, Ceiling Fan(s)
Furnishings Furnished
Fireplace No
Appliance Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Built-in Barbecue, Balcony, Outdoor Shower, Pool
Parking Features Electric Gate, Gated, Open, Paved, Parking Lot
Fence Full
Pool Fenced, In Ground, Private, Community, Pool
Community Features Barbecue, Beach, Clubhouse, Game Room, Laundry Facilities, Other, Park, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated, Pool, Sidewalks
Utilities Available Cable Connected, Electricity Connected, High Speed Internet Available, Other, Phone Connected, Sewer Connected, Trash Collection, Water Connected
Amenities Available Beach Rights, Gated, Picnic Area
Waterfront Description Gulf,Waterfront
View Y/N Yes
Water Access Desc Gulf,Waterfront
View Gulf, Pond
Porch Balcony, Covered, Patio, Porch
Private Pool Yes
Building
Lot Description Landscaped, Waterfront
Foundation Slab
Architectural Style Low Rise
Additional Building Tennis Court(s), Pool House
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
HOA Fee Include Association Management,Clubhouse,Cable TV,Maintenance Grounds,Other,Pool(s),Sewer,See Remarks,Security,Tennis Courts,Trash,Water
Tax ID 30189-032-000
Security Features Fire Alarm,Gated Community,24 Hour Security,Key Card Entry,Varies By Unit,Security Service
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Listed As-Is
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