$499,000
Active
25 Days Online
2 Beds2 Baths1,047 SQFT
Active

205 Florida A1a #503Satellite Beach, FL 32937

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Welcome to your dream 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 full 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.

  • Property TypeCondo
  • NeighborhoodSandpiper Towers Condo
  • CountyBrevard
  • Taxes$0
  • HOA/Condo/Coop Fees$1,005
  • Days on Site25 Days
  • MLS StatusActive
  • MLS ID Number1024920
  • Home Size Source Appraiser
  • Year Built1964
  • Lot Size0.02 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Mid Century Modern
  • Construction Stucco
  • Parking Additional ParkingParking LotUnassignedOther
  • Sewer Public Sewer
  • Number of Stories 116
  • Acreage 0.02
  • Water Public
  • Accessibility Features Visitor Bathroom
  • Property Sub Type Condominium
  • Attached Garage No
  • Utilities Cable AvailableElectricity ConnectedSewer ConnectedWater Connected
  • Listing Conditions Standard
  • Direction Faces East

Interior Features

  • Cooling Central Air
  • Heating CentralElectricHot Water
  • Appliances DishwasherDryerElectric RangeMicrowaveRefrigerator
  • Flooring Tile
  • Furnished? Partially
  • Interior Breakfast BarElevatorOpen Floorplan
  • Fireplaces 0
  • Fireplace No

Exterior Features

  • View BeachOcean
  • Pool Features Other
  • Waterfront Property Yes
  • Waterfront Features Ocean AccessOcean Front
  • Exterior Balcony
  • Lot Other
  • Patio And Porch CoveredTerrace
  • Road Frontage State Road

Community Features

  • Association Dues 1005
  • Association Amenities Beach AccessElevator(s)Maintenance GroundsManagement - Full TimeManagement - Off SiteWater
  • Pets Size Limit
  • Senior Community No
  • MLS Area 382-Satellite Bch/Indian Harbour Bch

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Monthly Payment (Est.)

$2,476
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