4246 Beachside Two Drive , # 246

Description

One of the LARGEST studio layouts on the Emerald Coast! This functions like a 2 bedroom unit with a comfy king size bed PLUS an added room for the kiddos or guests. Wake up to the sound of gentle waves from this ocean front 4th floor condo in Beachside II in SanDestin. Above it all and yet low enough for some fun people watching from the comfort of your large, very private balcony. SanDestin private Beach is considered to be one of the most idyllic vacation spots in all of Destin - and with this condo, you are right in the middle of it all! The unit has a very warm and eclectic feel, with its crisp white walls and casual Saltillo tile paver flooring. The bathroom was just remodeled in May of 2023 with neutral white tile choices and fun matte black star tile flooring. In addition to the bathroom remodel, the owner also opened and expanded the closet area. A extra bonus, the AC system was JUST replaced in June 2023. MULTIPLE projections over 50k Gross rental income in 2022 was $46,540. 2023 income YTD is $29,102. The complex underwent an extensive multi million dollar remodel project in late 2022, finishing the project in June 2023....thus the reason for the lower rental income in 2023. Projections for 2024 are over $50,000. The special assessment for the above remodel project was $32,000 for this unit. To your benefit, that amount has already been paid in full by the current owner. Although this unit is technically considered a "studio", it is actually larger than just about any one bedroom unit on the market. It even has a small room at the front of the unit with a full bed - a perfect little bedroom for the kids or one person, then you have the king bed in the main living area as well as a pull out single sofa sleeper. This layout allows guests to easily sleep 5 people.