Description of 27 Summer Place Lane
Own a Beach House Home That Pays For Itself with easy beach access RIGHT ACROSS THE STREET! Get your $76,000+ first-year federal tax savings through cost segregation and 100% bonus depreciation at asking price(permanently restored 2025)*. Positioned in the heart of Gulf Place along Scenic Highway 30A, 27 Summer Place Lane captures the rhythm of coastal living with gulf views, exceptional walkability, and proven rental performance. Just steps from the deeded Ed Walline and Shell Seekers Cove beach accesses and an easy stroll to Shunk Gulley, Papa Surf Burger Bar, and the Gulf Place town center, this fully renovated end-unit townhome places everything that makes 30A iconic right outside your door. Spanning four thoughtfully designed levels, the residence offers four bedrooms and four full baths with a layout that consistently performs as a short-term rental. In 2025 alone, the owner only opened the calendar for 65% of the year, the property generated nearly $83,000 in gross rental income, as the owners reserved significant time for personal enjoyment. A rare ground-floor lock-off suite with private entrance, kitchenette, and full bath provides flexibility for independent off-season rentals or private guest quarters. The main living level showcases an updated open kitchen with quartz countertops, a generous island, and KitchenAid stainless steel appliances, seamlessly flowing into inviting dining and living spaces designed for gathering after long beach days. A custom bunk room featuring two twin beds over a king sits on this level, paired with a full bath and walk-in shower, an ideal configuration for families and group stays. Upstairs, two king suites with private ensuite baths offer well-separated sleeping accommodations, creating comfort and privacy for both owners and guests. At the top, a private rooftop terrace serves as one of the home's most requested features, offering covered and open-air seating with captivating gulf views and coastal breezes. As the only unit with two dedicated parking spaces and immediate access to the seasonally heated community pool, the home stands apart within Summer Place. Offered fully furnished and turnkey, including five bicycles, it is ready for immediate enjoyment or continued income production. With an acceptable offer, the seller is also providing one year of HOA dues paid at closing, adding further value to this exceptional 30A opportunity. Contact your tax professional for full depreciation and how it applies to you.*
