4775 Ocean Boulevard | Spears Group

Property Description

With $148K plus in 2019 NET (Net of mgmt fees, VRBO fees, taxes, cleaning, etc.) rental income, this is a proven performer that produces returns that please even the most experienced investor. The owner has self-managed for many years and is willing to help buyer duplicate their success. Located just steps from the Gulf and strategically positioned on an oversized corner lot, ample space is available for the installation of a private pool. Over 1,500 sq ft of covered, wrap-around porches offer ocean views from the upper levels. This five bedroom home was constructed with an open floor plan, features an elevator and is being offered with the current furnishings. This property is featured within the exclusive Destiny by the Sea neighborhood,

Overview

Property Status

Sold

Lot Size

0.12 Acres

MLS ID

854806

Property Type

Residential

Year Built

2001

Features & Amenities

Neighborhood

Destin

Architecture Styles

Mediterranean

Stories

Garage Spaces

Utilites

Electric, Public Sewer, Public Water

Lot Features

Corner, Covenants, Restrictions, Sidewalk, Survey Available, Within 1/2 Mile to Water

Air Conditioning

Ceiling Fan(s)

Other Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Floor Tile, Furnished - Some, Kitchen Island, Lighting Recessed, Plantation Shutters, Shelving, Washer/Dryer Hookup, Window Treatment All

Substructure

Frame, Roof Concrete, Stucco

HOA Amenities

BBQ Pit/Grill, Beach, Community Room, Gated Community, Playground, Pool, Waterfront, Whirlpool

Other Exterior Features

Balcony, BBQ Pit/Grill, Patio Covered, Porch

Elementary School

Destin

Middle School

Destin

High School

Fort Walton Beach

Sales Price

$1,300,000

Zoning

Resid Single Family

4775 Ocean Boulevard

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