This property is projected to deliver a 15% gross ROI and a 20% cash-on-cash return, with a potential Year-1 gross rental projection of 50K dollars and year 1 cost segregation tax benefit of approximately $60,000.Tucked into one of West Beach's most established communities, this coastal 2-bedroom, 1-bath condo puts you steps from the Gulf without the direct-beachfront price tag. From the patio, you can see and hear the waves rolling in. Gulf Village is a well-known beachfront community offering deeded lagoon access, a fishing pier, grilling areas, and two community pools. Inside, the unit has been updated with solid surface countertops, a remodeled bathroom, and wide plank LVP flooring throughout. Projections based on comparable rental performance and AirDNA data; individual results will vary. Buyer and buyer's agent to independently verify all information deemed important, including square footage, HOA fees, rental projections, and tax benefit estimates. Buyer to verify all information during due diligence.
Listing courtesy of eXp Realty, LLC.
© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .
/u.realgeeks.media/ineedtobeatthebeach/logo-full.png){kind=logo}