Description

Prime Investment Condo with Ocean Views! Important Update: The annual HOA meeting has concluded, confirming that there will be a one-time $10,000 Special Assessment per unit. This fee will cover essential upgrades including balcony repairs, fresh exterior paint, and roof replacement for each building. The sellers have generously agreed to cover this expense, ensuring no additional financial burden for the new owners. The monthly HOA fee will remain unchanged. This proactive maintenance ensures the property's value and appeal are enhanced without impacting the financial predictability for residents. Explore this exceptional investment opportunity with this turn-key, fully furnished 2-bedroom, 2.5-bathroom condo in Saint Augustine, FL. Covering 1,350 square feet, this unit boasts three balconies offering serene ocean views, perfect for relaxation and entertainment. The condo has undergone significant updates, including a new stove, dryer, ceiling fans, light fixtures, and garbage disposal. Enhanced safety features include new GFCI outlets in each bathroom, while the kitchen sports the latest appliances, including a recently installed refrigerator. Enjoy continual comfort with an HVAC system under a service agreement installed in 2019. The Island House community provides exclusive amenities such as a pool, clubhouse with games, and direct beach access, making it an ideal blend of leisure and convenience. Situated near historic downtown, the Amphitheater, and St. Augustine Beach, the location is prime for exploring local attractions. The HOA covers utilities like cable, sewer, trash, and water, ensuring a hassle-free living environment. This property is a lucrative rental prospect, thanks to a minimal one-week rental policy and an on-site EV charging station. This condo at 5650 A1A South, Unit C218, built with a durable concrete block, offers both luxurious living and substantial income potential. For more details, including a features sheet, seller's disclosure, and floor plan, please contact us. Dive into the vibrant lifestyle and investment benefits today!

Financial

Property