205 Highway A1a Unit 503, Satellite Beach, FL 32937

$499,000
2
BD
2
BA
1,047
SqFt
List Price
$499,000
MLS#
1024920
Status
ACTIVE
Type
Condo
County
Brevard
City
Satellite Beach
Area
Satellite Bch/Indian Harbour Bch
Subdivision
Sandpiper Towers Condo
Bedrooms
2
Bathrooms
2
Living Area
1,047
Total Square Feet
871
Acres
0.02
Year Built
1964
Days on Market
48

Property Description

Grab your surfboard! Oceanfront condo, perfectly located in serene Satellite Beach community. This stunning property offers breathtaking views of the Atlantic Ocean, where you can enjoy spectacular sunrises from the comfort of your own balcony. The condo boasts a large open great room and two well-appointed bedrooms, each designed for relaxation, with ocean views and plenty of closet space. The master suite features an en-suite bathroom, providing a private retreat after a day of beach activities. Whether you're looking for a full-time residence or a lucrative Airbnb investment, this property offers the best of both worlds. This Arbnb is nearly 100% booked for Sept-Nov. Multi million dollar completed enhancements include new roof, concrete structural restoration, balconies, railings, new sea wall and fire sprinkler system. Plans are underway for new drainage, pool, and landscaping to finish the beautiful exterior by 2025. Owner has paid all current assessments in ful The completed projects include a total concrete structural restoration, new roof, a multi-million dollar seawall and many more. Owner will send a detailed list of completed and on-going building projects if interested. A fire sprinkler system is being installed now. Plans are underway for new drainage, pool, and landscaping to finish the beautiful exterior by 2025. Owner has paid all current assessments in full. In the FL vacation properties market, ocean front is king! This makes Unit 503 easy to rent as a short-term rental with regular 5-star ratings, plus there are future rentals on the books into March 2025 if desirable. Once the pool and landscaping are completed, this condo should command 2-4 times the current nightly rate.. Don't miss out on this rare opportunity to own a direct ocean front short-term rental property on the top floor with the best views and a large private balcony for you to enjoy and make money too.

Additional Information

Style
Mid Century Modern
Hoa Frequency
Monthly
Interior Features
Breakfast Bar, Elevator, Open Floorplan
Exterior Features
Balcony
Location Description
Other
Equipment And Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Exterior Finish
Stucco
Construction
Stucco
Floor
Tile
Parking
Additional Parking, Parking Lot, Unassigned, Other
Assoc Fee
$1005
Assoc Fee Includes
Other
Dwelling View
Beach, Ocean
Pool Description
Other
Water Frontage
Ocean Access, Ocean Front

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Blue Marlin Real Estate.