Property Type: Detached Single Family |
MLS #: | 961085 | Price: | $3,695,000.00 | Year Built: | 2023 | Square Feet: | 5300 | Bedrooms: | 10 | Bathrooms: | 10 Full/1 Half |
HOA Fees: | Not available | Lot Size: | 0.26 acres | Lot Dimensions: | 80x140 |
Subdivision: Lakewood Estates
Description:
333 Lakewood Drive ``Seagrove Palace`` has achieved an impressive $245,123.77 in its inaugural year on the market! Newly introduced to the rental scene in 2024, this non HOA home generated rental income surpassing many long-established competitors.Looking ahead, 2025 is set up to do even better with $148,324.01 already on the books. This remarkable performance highlights the property`s strong rental potential with projections of $328,000 allowing for a net ROI of 6.1% at the current ask price. Opportunities like this along 30A are rare, and high return potential make this a standout investment. We invite reasonable offers and encourage you to act quickly. Detailed booking history and futures are available upon request. ROI/CTO details under documents. Buyer to verify all dimensions.
Construction/Siding: Roof Metal
Exterior Features: Balcony, Pool - In-Ground
Interior Features: Floor Hardwood, Kitchen Island, Newly Painted, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
Utilities: Public Sewer, Public Water
Energy: AC - Central Elect, Ceiling Fans
Master Suite: MBath Double Vanity
Financing: Conventional, Other
Lot/Parcel Access: City Road, Paved Road
Lot Features: Survey Available
Zoning: Resid Single Family
Elementary School: | Dune Lakes | Middle School: | Emerald Coast | High School: | South Walton |
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This listing provided courtesy of Engel & Volkers 30A Beaches.
This information was last updated on 12/21/2024 10:02:15 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.