$460,000
$465,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
1,074 SqFt
SOLD DATE : 12/13/2022
Key Details
Sold Price $460,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,074 sqft
Price per Sqft $428
Subdivision Calypso Resort & Towers Iii
MLS Listing ID 903218
Bedrooms 1
Full Baths 2
HOA Fees $627/mo
Year Built 2020
Annual Tax Amount $43
Tax Year 2021
Property Description
If you're looking for one of the highest cap rate investment returns along the Emerald Coast, you've found it! With $62K in gross rentals, this coastal gem generating a 12% cap rate in Calypso Towers III makes a compelling vacation rental investment property. Located on the 4th floor in PCB's newest high rise, this unit offers amazing gulf views and the ultimate in modern luxury. The largest 1B/2B plan with 1,074 square feet has incredible gulf views from both the master and living areas. This turnkey, fully furnished unit is the lowest priced and best value unit in this prime Front Beach Rd location. A well-appointed kitchen with upgraded appliance package overlooks a spacious, light-filled living room with queen sleeper sofa.
Location
State FL
County Bay
Area 27 - Bay County
Rooms
Kitchen First
Exterior
Exterior Feature Balcony, Cabana, Hot Tub, Patio Covered, Pool - Heated, Pool - In-Ground, Separate Living Area
Parking Features Garage
Pool Community
Community Features BBQ Pit/Grill, Beach, Deed Access, Elevators, Exercise Room, TV Cable
Utilities Available Electric, Public Sewer, Public Water, TV Cable
Waterfront Description Gulf
View Gulf
Building
Water Gulf
Structure Type Roof Tile/Slate,Stucco
Schools
Elementary Schools Hutchinson Beach
Others
Assessment Amount $627
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Bought with Coldwell Banker Carroll Realty