GREAT RENTAL INCOME CONDO! This 3rd floor, 1 bedroom condo generated $35,475 in rental income and $20,784 in net income! Similar condos in the complex only generate gross income what this condo generates in net income; therefore, a nice 7.7% ROI for your cash buyer. See attached financials from 2018. Condo is completely booked for summer so rentals will convey to new owner. This condo features a king bed, a new sofa, and has tile in the kitchen, hallway and living area. Wonderful Gulf view from the balcony and public beach access is right in front of the condo. Listing agent has ownership interest in condo.
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Listing information last updated on July 21st, 2019 at 10:15pm CDT.