Proven income history grossing $45K-$50K annually over the past 4 years. This fully furnished studio features recent upgrades including a new water heater, mattress and bed frame and sleeper couch. The building exterior was repaired and upgraded in 2025, adding long-term value. Rental ready with consistent returns.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 2
- Full Bathroom Dimensions: 8' x 5'
- Full Bathroom Level: First
- Studio Dimensions: 35' x 11'
- Studio Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Elevator
- Flooring: Floor Tile
Appliances
- Microwave
- Refrigerator
- Water Heater - Elect
Heating and Cooling
- Cooling Features: Ceiling Fans, Central Air
- Ceiling Fans: Yes
Exterior and Lot Features
Pool and Spa
Garage and Parking
- Parking Features: Garage, Covered
Homeowners Association
- Association: Yes
- Association Fee: 432
- Association Fee Frequency: Monthly
- Association Fee 2: 432
- Association Fee Includes: Accounting, Ground Keeping, Insurance, Internet Service, Legal, Management, Master Association, Sewer, Water, Cable TV, Trash
- Calculated Total Monthly Association Fees: 432
School Information
- Elementary School: Van R Butler
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
- Community Features: BBQ Pit/Grill, Beach, Elevators, Exercise Room, Gated Community, Pool, TV Cable, Whirlpool
Other Property Info
- Annual Tax Amount: 1482
- Source Listing Status: Active
- County: Walton
- Directions: Turn South from Hwy 98 into Sandestin Golf and Beach Resort. Continue straight on Sandestin Blvd S. Turn left into the Luau Towers
- Tax Year: 2024
- Source Property Type: Residential
- Area: 15 - Miramar/Sandestin Resort
- Property Subtype: condo
- MLS Area Minor: 1503 - Sandestin Resort
- Source Neighborhood: LUAU I
- Parcel Number: 35-2S-21-42600-000-6107
- Subdivision: LUAU I
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 385
- Year Built: 2006
- Building Area Source: Condo Docs
- Building Area Total: 385
- Construction Materials: Concrete
- Property Age: 19
- Property Condition: Renovated, Construction Complete
- Levels or Stories: 20
- Total Area Sqft: 385
Utilities
- Sewer: Public Sewer
- Public Water
- TV Cable
Home Features
- Security Features: Fire Alarm/Sprinkler