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Listing Details
- $329,000
- MLS# 396005
- Type Residential - Condominium
- Status Active
Listed By
Agency Name: EXP REALTY,LLC
Agency Phone: 888-923-5547
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
Home Value Estimate
Description
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% gross ROI with potential to gross $48,000?$54,000 annually based on AirDNA comp data, this Gulf Shores condo is an absolute investor's dream. Already operating as a 4.88-star Airbnb with Superhost status, this unit is turnkey and income-ready from day one. The complex is loaded with amenities : four outdoor pools, two outdoor hot tubs, an indoor pool, on-site dining, a coffee shop, pickleball, tennis, basketball, and sand volleyball courts, all within a gated beachside community. Beach access is steps away with toes in the sugar white sand in under three minutes.The 2BR/2BA unit...read more
Features
- Dishwasher
- Disposal
- Microwave
- Electric Range
- Refrigerator w/Ice Maker
- Carpet
- Tile
- Electric
- 1.0 Story
- Built in 1985
Gallery
Listed By
Agency Name: EXP REALTY,LLC
Agency Phone: 888-923-5547
Shown By
Agency Title: Levin Rinke Realty
Agency Phone: 850-916-5050
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