***UP TO A $10,000 SELLER CONCESSION WITH ACCEPTABLE OFFER***. CAP RATE OF 7.7%!!! INCREDIBLE ROI!!! Use this concession to promote positive cash flow by buying your interest rate down; pre-paying HOA dues; paying for closing costs; or any other creative way you see fit!! Enjoy the best of coastal living in this beautifully updated 2-bedroom, 2-bath condo offering 1,064 square feet and an ideal location on Little Lagoon with deeded beach access directly across the street. Whether you are looking for a full-time residence, a second home, or an income-producing vacation rental, this fully furnished, rent-ready property offers exceptional versatility.Inside, the condo has been thoughtfully updated with a complete kitchen and bathroom remodel in 2023, creating a fresh, modern feel. Additional improvements include a new HVAC in 2022, new water heater in 2023, appliances replaced in 2024, smooth ceilings, tile flooring throughout, and new baseboards and trim. With stylish finishes and low-maintenance features, this unit is truly move-in ready.The complex offers an impressive array of amenities, including gated access, covered parking, multiple outdoor pools, green space, a private boat launch, a boat dock with first-come, first-served access, and a fish cleaning station. Enjoy the peaceful lagoon setting while also having convenient beach access just across the street.Perfectly suited as a primary residence, vacation home, or short-term rental investment, this property offers the opportunity to enjoy the coastal lifestyle while also benefiting from strong rental appeal. Buyer to verify all information during due diligence.
This listing is provided courtesy of RE/MAX of Orange Beach
Map may not be 100% accurate.