For sale
  • Price cut: $5K (7/30)
    $4,315,000

    1848 E County Highway 30a UNIT 5, Santa Rosa Beach, FL 32459

    4beds
    2,805sqft
    : 
    Condominium
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $1,538/sqft
    $3,091/mo HOA

    What's special

    Beachfront escapeCoastal escapeSweeping gulf viewsPrivate parking garageExclusive gulf-front developmentCommunity poolSplit level floor plan
    Discover luxury beachfront living in Watercolor! Projected to produce over $297,000 in rental income and provide a 4% cash on cash return annually, this beachfront escape is a top-producing investment property at the forefront of an elite 30A community. Capturing sweeping Gulf views across a large beachfront balcony, this coastal escape displays the best that 30A has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has a split level floor plan which lives like a home. Nestled in an exclusive gulf-front development, you are able to enjoy a dedicated community pool and private parking garage. The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge 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. Rental income history, rental income projections & estimated expenses are available by request. Inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. This outstanding getaway is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor and Seaside!
    128 days
    on Zillow
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    774
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