Sea Oats is an intimate vacation rental community of only forty units over five floors of direct beachfront! Units here rarely come to market. The only three that did in the last 1200 days were sold within the first two days of being on the market! That is because with 3 bedrooms and 2 baths directly facing the Gulf of Mexico and a broad expanse of beautiful white sandy beach – which is the calling card of the Pinellas Beaches – this 3-night minimum, fully renovated condominium is both a great beach pad for owners whenever they need their Beach Time to decompress AND a Cash-Cow! That’s right, when you are not using your condo here, you can be renting it as a 3-night minimum and pocketing those rent checks! The current owners use the property a lot! Who wouldn’t want to enjoy this spot? In 2023 the Owners stayed at the condo for 85 nights: 35 nights in high season, as well as Christmas, New Year & Thanksgiving! If you calculate the value of what those high-demand nights would have earned had they allowed them to be rented, their rental income for 2023 would have been just a hair under $110K! And, 2024 is off to a great start with already $57,951 in reservations on the books AND it is only March! The condo comfortably sleeps 10. It has all the modern conveniences you would expect in a high-end vacation rental, including a full-sized washer and dryer. The renovation included impact resistant sliders, as well as the gorgeous cabinetry, luxury vinyl plank flooring throughout, quartz countertops and furnishings that you see! The building itself underwent an EXTENSIVE renovation project a few years ago that included an engineering study and the implementation of the recommended repairs! Sea Oats is WAY AHEAD of the game! Speaking of games, tennis enthusiasts, you will love the beautifully maintained court! Other amenities include a beautiful beachfront pool and BBQ grill. Sea Oats is within easy walking distance to loads of favorite local haunts. Only Owners may have a pet up to 35 lbs.
| Price | $1,250,000 (sold: 5/3/2024) |
|---|---|
| Bedrooms | 3 Beds |
| Bathrooms | 2 Full Baths |
| Year Built | 1980 |
| Property Type | Condo / Town home |
| Listing # | U8235399 |
| Status | Sold |
| Listing Type | For Sale |
| Square Feet | 1,410 |
|---|
| Lot Size | 0.34 acres |
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.