Description
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.
Features of 1111 Santa Rosa Boulevard Unit 303
MLS® # | 931390 |
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Sold Price | $850,000 |
List Price | $979,000 |
Bedrooms | 3 |
Bathrooms | 3.00 |
Full Baths | 3 |
Square Footage | 1,415 |
Acres | 0.00 |
Year Built | 2003 |
Type | Condominium |
Sub-Type | Condominium |
Style | N/A |
Status | Sold |
Community Information
Address | 1111 Santa Rosa Boulevard Unit 303 |
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Area | 12 - Fort Walton Beach |
Subdivision | SUMMER PLACE |
City | Fort Walton Beach |
County | Okaloosa |
State | FL |
Zip Code | 32548 |
Amenities
Amenities | BBQ Pit/Grill, Beach, Elevators, Exercise Room, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, TV Cable, Waterfront |
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Utilities | Electric, Other, Phone, Public Sewer, Public Water, TV Cable, Underground |
Is Waterfront | Yes |
Waterfront | Gulf, Shore - Beach, Unit Waterfront, Shore - Natural |
Has Pool | Yes |
Pool | Community |
Interior
Interior Features | Breakfast Bar, Floor Tile, Furnished - All, Owner's Closet, Washer/Dryer Hookup, Window Treatment All, Woodwork Painted |
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Appliances | Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer |
Heating | Heat Cntrl Electric |
Cooling | AC - Central Elect, Ceiling Fans |
Has Basement | No |
Fireplace | No |
Exterior
Exterior Features | Balcony |
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Windows | Double Pane Windows |
School Information
Elementary | Elliott Point |
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Middle | Bruner |
High | Fort Walton Beach |
Additional Information
Days on Website | 238 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 997.00 |
HOA Fees Freq. | Monthly |
Listing Details
Office | Scenic Real Estate |
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