205 Highway A1a #503 Active

Satellite Beach,FL 32937

$ 499000

2 Beds

2 Baths

1047 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,047 sqft

Price per Sqft $476

Subdivision Sandpiper Towers Condo

MLS Listing ID 1024920

Style Mid Century Modern

Bedrooms 2

Full Baths 2

HOA Fees $1,005/mo

Year Built 1964

Lot Size 871 Sqft

Property Description

Grab your surfboard! Oceanfront condo, perfectly located in serene Satellite Beach community. This stunning property offers breathtaking views of the Atlantic Ocean, where you can enjoy spectacular sunrises from the comfort of your own balcony.

The condo boasts a large open great room and two well-appointed bedrooms, each designed for relaxation, with ocean views and plenty of closet space. The master suite features an en-suite bathroom, providing a private retreat after a day of beach activities.

Whether you're looking for a full-time residence or a lucrative Airbnb investment, this property offers the best of both worlds. This Arbnb is nearly 100% booked for Sept-Nov.

Multi million dollar completed enhancements include new roof, concrete structural restoration, balconies, railings, new sea wall and fire sprinkler system. Plans are underway for new drainage, pool, and landscaping to finish the beautiful exterior by 2025. Owner has paid all current assessments in ful The completed projects include a total concrete structural restoration, new roof, a multi-million dollar seawall and many more. Owner will send a detailed list of completed and on-going building projects if interested. A fire sprinkler system is being installed now. Plans are underway for new drainage, pool, and landscaping to finish the beautiful exterior by 2025. Owner has paid all current assessments in full. In the FL vacation properties market, ocean front is king! This makes Unit 503 easy to rent as a short-term rental with regular 5-star ratings, plus there are future rentals on the books into March 2025 if desirable. Once the pool and landscaping are completed, this condo should command 2-4 times the current nightly rate.. Don't miss out on this rare opportunity to own a direct ocean front short-term rental property on the top floor with the best views and a large private balcony for you to enjoy and make money too.

Location

State FL

County Brevard

Area 382-Satellite Bch/Indian Harbour Bch

Interior

Heating Central,Electric,Hot Water

Cooling Central Air

Flooring Tile

Exterior

Exterior Feature Balcony

Garage Additional Parking,Parking Lot,Unassigned,Other

Pool Other

Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Connected

Amenities Available Beach Access,Elevator(s),Maintenance Grounds,Management - Full Time,Management - Off Site,Water

Waterfront Yes

Waterfront Description Ocean Access,Ocean Front

View Beach,Ocean

Building

Lot Description Other

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition Standard

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