Welcome to Sterling Shores 207! Ocean Reef Real Estate Sales proudly presents a stunning two-bedroom, two-bath vacation condo at 1751 E Scenic Hwy 98 #207 in Destin. This impressive unit can provide the perfect family vacation residence while also serving as a lucrative short-term rental investment property.
Spanning 1,374 square feet, Sterling Shores 207 has ample space for eight beach-seeking guests. The unit is currently on our acclaimed Ocean Reef Resorts property management program with a projected annual gross rental income of $50,190 for 2024. This is no surprise since the stellar Sterling Shores condo complex embraces a tropical paradise with heavenly views of gorgeous gulf and resort grounds.
The open living, dining, and kitchen area features a light, bright ambiance with comfortable furnishings designed with elegant styling. An entire wall of sliding glass doors frames the tropical scenery and leads to a furnished balcony. It includes a dining table and a lounge chair, inviting you to enjoy meals al fresco while overlooking the palm trees and lovely lagoon oasis. The living area has creamy white furnishings, richly accented by gleaming molasses-toned hardwood tile flooring. A tropical slip-covered couch is flanked by two regal white armchairs facing a large flatscreen TV on a stately cream-colored cabinet. Decorative art throughout this residence includes paintings of seascapes, tropical prints, decorative mirrors, beach-inspired wall hangings, and nautical décor.
A charming antique pedestal-based dining table has six exquisite decorative hardwood frames and cream-cushioned chairs beautifully adorned with intricate patterns.
The open kitchen nearby has three wide hardwood saddle-topped stools beside a mottled granite-topped bar for entertainment, white cabinetry, and brushed stainless steel appliances.
The primary bedroom has regal cream-colored Mediterranean-styled furnishings with a king-size bed beside a window highlighting the sensational outdoor scenery. It is flanked by crystal-based lamps on side tables and faces flatscreen TV on a stylish dresser for nighttime viewing pleasure.
A bright white ensuite luxury bath has double vanities, a soaking tub, and a separate walk-in shower.
The nautically inspired guest bedroom has a sunny window, a bunk bed with two queen-size beds, and a flatscreen TV.
It has access to a hall bath with a tub-shower combination that also serves as a convenient powder room.
Sterling Shores is a lushly landscaped resort with a lavish lagoon-shaped swimming pool surrounded by clusters of tropical palm trees. An expansive pool patio has abundant space for sunny relaxation. A poolside tiki bar and grill serves delicious sandwiches, seafood baskets, savory snacks, and craft cocktails. A waterfall cascades down from a large mushroom sculpture in the pool's center to delight children and the young at heart. The pool is heated during the cooler times of the year. The tropical grounds extend to a gulf-front swimming pool beside the beautiful beach, allowing guests to go from one pool to another and then plunge into the jeweled gulf in no time. Residents also have access to an onsite fitness center for workouts and a large theater room for entertainment.
Providing privileged residency in the heart of Destin, Sterling Shores is close to grocery stores, shopping, local attractions, popular restaurants, and beach bars. Some dining establishments are within walking distance, including the popular Back Porch Restaurant, the upscale Ruth's Chris Steakhouse, and the friendly Bubba Gump's Restaurant. Destin's golden Americana-styled crown jewel, HarborWalk Village, is minutes away with a load of dockside restaurants, bars with live music, fun year-round festivals, outdoor concerts, and vivid seasonal firework celebrations. It is also home to the largest private fishing fleet in all of North America. Visitors can enjoy pontoon boat rentals to join the local party at Crab Island, along with dolphin sightseeing excursions, romantic sunset dinner cruises, and a treasure hunt adventure aboard a replica pirate ship with a rollicking costumed crew.
This two-bedroom vacation residence and lucrative rental investment property with 1,374 square feet is listed at $749,000, coming in at $545.12 per square foot. Currently, only two other two-bedroom condos of this size are listed at $814,000 and $845,000, totaling $603.71 per square foot. There are also four other larger condos for sale with three bedrooms listed at $995,000 for one with 1,403 square feet, $998,500 for one with 1,476 square feet, another at $1,350,000 for a property with 1,692 square feet, and $1,500,000 for a 2,289 square foot residence. These units' total average list price is $662.32 per square foot.
Take advantage of this great purchase opportunity today! Contact our Ocean Reef Real Estate Sales office at 877-392-6085. Our seasoned team of licensed realtors can provide annual gross rental income data, along with a comparative market analysis showing pending contracts and properties sold here within the past twelve months. Once fully and comfortably informed, we will happily arrange your private tour!