Prime Investment Opportunity Grossing $45K on Navarre Beach! Gulf Island Condo #523 is an updated 1BR/2BA unit with hall bunks, designed to comfortably sleep six-perfect for maximizing rental income. This second-floor condo features a modern kitchen with granite countertops, stainless steel appliances, and an in-unit washer & dryer, ensuring guests enjoy all the comforts of home. Step out onto your private balcony or stroll across the street for easy Gulf access. With proven rental demand and strong income potential, this furnished condo offers investors an exceptional opportunity in one of Florida's most desirable beach communities. Whether you're looking to expand your portfolio with a high-performing short-term rental or secure a vacation home that generates revenue, this property checks all the boxes. Don't miss out on this turnkey investment on Navarre Beach-schedule your showing today!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fan(s)
- Flooring: Tile, Laminate
- Window Features: Some Blinds, Some Drapes
Appliances
- Electric Water Heater
- Dryer
- Washer
- Built In Microwave
- Dishwasher
- Refrigerator
- Laundry Features: Inside
Heating and Cooling
- Cooling Features: Heat Pump, Ceiling Fan(s)
- Heating Features: Heat Pump
- Heating: Yes
Kitchen and Dining
- Dining Room Features: Breakfast Bar, Living/Dining Combo
- Kitchen Dimensions: 10 x 10
- Kitchen Features: Remodeled, Granite Counters
- Kitchen Level: First
- Kitchen Sqft: 100
Other Rooms
- Living Room Dimensions: 18 x 16
- Living Room Sqft: 288
- Living Room Level: First
Pool and Spa
Land Info
- Lot Size Acres: 0.01
- Lot Size Square Feet: 436
Exterior and Lot Features
- Road Responsibility: County Maintained Road
- Road Surface Type: Paved
Garage and Parking
- Parking Features: 1 Space/Unit
Homeowners Association
- Association: Yes
- Association Fee: 5412
- Association Fee Frequency: Annually
- Association Fee Includes: Association, Cable TV, Deed Restrictions, Maintenance, Management, Pest Control
- Calculated Total Monthly Association Fees: 451
School Information
- Elementary School: Holley Navarre
- High School: Navarre
- Middle School: HOLLEY NAVARRE
Rental Info
- Leasable Area Units: Square Feet
Amenities and Community Features
Other Property Info
- Source Listing Status: Pending
- County: Santa Rosa
- Directions: Take the Causeway to Navarre Beach. Make a right at Gulf Blvd. Continue to Gulf Island Condos on the right.
- List Price Low: 279000
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Gulf Island
- Parcel Number: 282S269130005005230
- Subdivision: Gulf Island
- Zoning Description: Deed Restrictions, Res Multi
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 738
- Year Built: 2006
- Building Area Total: 738
- Building Area Units: Square Feet
- Building Name: Gulf Island
- Construction Materials: Concrete
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Living Area Units: Square Feet
- Property Age: 19
- Property Condition: Resale
- Roof: Flat
- House Style: Traditional
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public