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Sold for $850,000 on 12/06/23
  • $850,000

    1111 Santa Rosa Blvd UNIT 303, Fort Walton Beach, FL 32548

    3beds
    1,415sqft
    Condominium
    Built in 2003
    -- sqft lot
    $850,900 Zestimate®
    $601/sqft
    $2,433 Estimated rent
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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 28, 2024 at 02:40pm

    Listed by:

    Janette A Klein 850-585-7872,

    Scenic Real Estate,

    Johnny Milan LLC 850-419-4311,

    Scenic Real Estate

    Bought with:

    Rick A Deckert, 3422830

    MVP Realty TM

    Source: ECAOR,MLS#: 931390MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: MBed Balcony, Walk-In Closet(s), MBed Waterfront
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Features: MBath Cultured Mrble, Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile
    Bathroom
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • Electric, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Self Cleaning Oven, Range Hood, Refrigerator, Smooth Stovetop Rnge, Electric Range, Washer, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Owner's Closet, Woodwork Painted, Bedroom, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom
    • Flooring: Tile
    • Windows: Double Pane Windows, Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 1,415
    • Total interior livable area: 1,415 sqft

    Property

    Features
    • Stories: 1
    • Exterior features: Balcony, BBQ Pit/Grill
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shore - Beach, Shore - Natural, Unit Waterfront, Beach, Waterfront
    Details
    • Parcel number: 002S24218200003030

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Construction Complete
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Other, Phone Connected, Cable Connected, Underground Utilities

    Community & neighborhood

    Security
    • Security features: Fire Alarm/Sprinkler, Smoke Detector(s)
    Community
    • Community features: Fitness Center, Picnic Area, Pool, TV Cable
    Location
    • Region: Fort Walton Beach
    • Subdivision: Summer Place

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $997 monthly
    • Services included: Accounting, Maintenance Grounds, Internet, Sewer, Trash, Cable TV, Water
    Services availability
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    Sell for more on Zillow

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    $850,900
    2% more+ $17,018
    With Zillow Showcase(estimated)
    $867,918