DUPLEX-RARE FIND!!! 12 bedroom, 10 Bath Income Producing, Gulf Front Duplex (6 bedrooms, 5 baths per side), being sold together as one property. Each side of the duplex is a spacious 3,279 SF +/- with 4 master bedrooms and breathtaking Gulf views and private, owned beach. Home was renovated in 2021 and is fully furnished and rent ready with each side displaying an attention to detail as seen throughout. It's large kitchens, dining, living areas are perfect for entertaining big groups and open up to a screened porches and steps leading to beautiful white sand beaches. In addition, a master bedroom with en-suite is also conveniently located on 1st level. The second level boasts 4 more spacious bedrooms, 2 of which are large Gulf front masters with walkout decks. On the 3rd levels you'll find luxurious master bedrooms with a private deck and panoramic Gulf views. Property is professionally managed by Reed Real Estate and currently has approximately $200,000 in gross rental income for 2023. 2022 gross income was nearly $212,000. Addition of a private pool on northside of duplex could create a much higher gross income return for this property. Don't miss your chance to own a true piece of paradise!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
