$499,000
For Sale
2 beds | 2 baths | 0.02 acres | #1024920
Browse 49 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

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 and sun kisses just one bonus.
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.

  • Interior Details
      • InteriorBreakfast Bar, Elevator, Open Floorplan
    • Heating & Cooling
      • Cooling FeaturesCentral Air
      • Cooling1
    • Beds & Baths
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Exterior FeaturesBalcony
      • Lot DescriptionOther
      • Pool DescriptionOther
    • Measurements
      • Acres0.02
    • Parking
      • Parking FeaturesAdditional Parking, Parking Lot, Unassigned, Other
  • Construction Details
      • StyleMid Century Modern
      • Property TypePurchase
    • Condition
      • Year Built1964
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Electricity Connected, Sewer Connected, Water Connected
      • AppliancesDishwasher, Dryer, Electric Range, Microwave, Refrigerator
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionSandpiper Towers Condo
    • Location
      • CountyBrevard
  • Financial Details
      • Hoa Fees1005
      • Hoa1
  • Other
      • MLS #1024920

Location

Lynn A GansterRealtor
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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