$520,000
$562,500
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,204 SqFt
SOLD DATE : 12/20/2023
Key Details
Sold Price $520,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,204 sqft
Price per Sqft $431
Subdivision Luau Ii
MLS Listing ID 934629
Sold Date 12/20/23
Bedrooms 2
Full Baths 2
HOA Fees $881/mo
HOA Y/N Yes
Year Built 2006
Annual Tax Amount $3,488
Tax Year 2022
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1204
Property Description
REO, Welcome to your slice of paradise in the heart of Sandestin, where luxurious coastal living meets income-generating potential. This 8th th floor lock-off unit offers breathtaking resort views, making it the perfect choice for discerning second-home seekers and savvy investors.
Property Highlights:
Versatility: This spacious condo boasts the unique flexibility of a lock-off design. You can utilize it as a Studio and a separate 1-bedroom condo, or merge them into a generous 2-bedroom, 2-bathroom retreat, offering a total of 1204 square feet of living space.
Prime Location: Nestled on the beachside of Sandestin, you're only a short 3-minute stroll away from the pristine, sugar-white sands of the Gulf. Relax and rejuvenate under the Florida sun as you revel in the proximity .... to the beach, just steps from the pool.
Coastline Views: The 8th-floor corner unit provides unparalleled views of the coastline, including Four Mile Village and Tops'l. Sip your morning coffee while taking in the breathtaking sunrise, setting the tone for your day in paradise.
Income Potential: This property offers multiple income opportunities. You can rent it as a 2-bedroom unit or split it into a 1-bedroom and a studio, catering to various guest preferences and maximizing your return on investment. Similar condominiums bring in close to $60,000 per year as a Vacation rental.
Resort Amenities: Luau condo owners enjoy an array of resort-style amenities. Relax by the tropical pool with a swim-through waterfall, a kiddie pool, and a hot tub. The seasonal tiki bar adds a touch of vacation vibes. Gather for BBQs in the picnic area, access the fitness center, and store your personal items in an owner's storage cage. Covered garage and deck parking ensure convenience for you and your guests.
Rooftop Delight: Marvel at stunning year-round views, including breathtaking sunsets, from the rooftop observation deck - an ideal spot for unwinding after a day of exploring Sandestin.
Sandestin Lifestyle: Your new home is within the exclusive gates of Sandestin Golf and Beach Resort. Enjoy access to four pristine golf courses, tennis and pickleball courts, a full-service marina, and endless opportunities for outdoor recreation.
Village of Baytowne Wharf: On the bayside of the resort, discover the Village of Baytowne Wharf, a vibrant pedestrian village with an array of shopping, dining, family entertainment, and a bustling nightlife scene.
Don't miss out on the chance to own a piece of Sandestin's paradise that offers a lifestyle of luxury and endless income potential. Whether you're seeking a second home for yourself or a smart investment opportunity, this lock-off condo is the perfect choice. Embrace the Sandestin way of life today!
Location
State FL
County Walton
Community Bbq Pit/Grill, Beach, Boat Launch, Dock, Elevators, Exercise Room, Fishing, Gated Community, Golf, Handicap Provisions, Marina, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, Tv Cable, Whirlpool
Area 15 - Miramar/Sandestin Resort
Direction Gulf side of Sandestin Resort
Interior
Interior Features Breakfast Bar, Floor WW Carpet, Furnished - Some, Washer/Dryer Hookup, Window Treatment All
Cooling Central Air
Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator
Exterior
Exterior Feature Balcony, Balcony
Parking Features Garage
Pool Pool Type
Community Features BBQ Pit/Grill, Beach, Boat Launch, Dock, Elevators, Exercise Room, Fishing, Gated Community, Golf, Handicap Provisions, Marina, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Tennis, TV Cable, Whirlpool
Utilities Available Electric, Public Sewer, TV Cable
View Gulf
Garage No
Building
Faces Gulf side of Sandestin Resort
New Construction No
Schools
Elementary Schools Van R Butler
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
HOA Fee Include Accounting, Ground Keeping, Internet Service, Master Association, Sewer, TV Cable, Trash, Water
Tax ID 35-2S-21-42600-000-6821
Special Listing Condition Real Estate Owned
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