The Investor's Trifecta!!! LOWEST OVERALL PRICE, LOWEST Sq/Ft PRICE, and LOWEST HOA's of ALL the Gulf View 2 Bedroom / 2 Bathroom TURNKEY condos located on the beach! If a 8% ROI average (5.5% on a financed purchase) doesn't get your attention, maybe a $26k average annual appreciation will. That's right... over the past 21 years, 2 bedroom / 2 bath condos in PCB have averaged a 6.4% annual gain in value due to simple appreciation!Let's look at the facts:Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price.VIEW: Most people come to PCB for the breathtaking Gulf views, and this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable...
LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and 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 - and there is no need to drive anywhere to enjoy the best that PCB has to offer.
Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property.
For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!
And did I mention that Tootsies is looking to open it's very first beach bar just 2 doors down?!? Yep... talk about KILLER location!!!
AMMENITIES: 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, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB!
PRICE: Last but not CERTAILY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit!
The average 2 bedroom in Sugar Beach brings in over $50k annually in rentals, and some of the well-established ones bring in excess of $80k. At the high end your annual ROI would be well over 20% on a financed purchase - which is unheard of nowadays.
This condo has had many recent updates and is 100% turnkey ready. Welcome Home!
BBQ Pit/Grill, Beach, Community Room, Game Room, Gated Community, Laundry, Pets Allowed, Pickle Ball, Pool, Short Term Rental - Allowed, Tennis, TV Cable Available, Waterfront, Dumpster, Picnic Area
Electric Available, Public Sewer Available, Public Water Available, TV Cable Available
Pool - House, Pool - In-Ground, Community, Private
Floor Tile, Furnished - All, Lighting Recessed, Owner's Closet, Renovated, Split Bedroom, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted
Dishwasher, Dryer, Microwave, Oven:Self Cleaning, Range Hood, Refrigerator, Refrigerator W/Ice Maker, Smoke Detector, Stove/Oven Electric, Washer, Cooktop
A/C: Central Electric, Ceiling Fans
Roof Flat, Foundation Slab On Grade, Siding Stucco
Balcony, Deck Covered, Patio Covered, Pool - House, Pool - In-Ground, Porch Covered, Shower, Tennis Court, BBQ Pit/Grill, Fenced Lot-All, Renovated
Subdivision :
SUNBIRD CONDO
MLS® # 949599
Subdivision :
ISLAND RESERVE
MLS® # 949576
Subdivision :
WIMBLEDON TENNIS VILLAS
MLS® # 935089
Subdivision :
CARILLON BEACH
MLS® # 949329
Subdivision :
STERLING BREEZE
MLS® # 949289
Subdivision :
Lullwater Beach
MLS® # 949080
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of Beachy Beach Real Estate. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325
Listing information last updated on May 11th, 2024 at 7:30am CDT.
