Tidewater 1303 is a stunning gulf front condo that has consistently produced $40,000-$45,000 in gross annual revenue. This turn-key one bedroom, two full bath unit is the largest one-bedroom floor plan that Tidewater has to offer and it has a myriad of tasteful upgrades. The gulf front living room is highlighted by long plank, porcelain wood-like tile flooring and coastal furnishings that perfectly compliment the stunning panoramic views of the Gulf of Mexico. The sleeper sofa and the bunks in the hallway convert this into a six-person sleeper. The mild winter climate creates a rental environment that is perfect for year-round income producing opportunity and the size of this unit is ideal for small families or a couple's getaway making it perfect for capturing offseason income. Tidewater is a condominium that is within a half mile of the iconic Pier Park shopping and entertainment complex. Tidewater offers some of the best amenities of any building on the Emerald Coast including two outdoor pools, one heated indoor pool, a spa, sauna, steam room, fitness facilities, onsite movie theatre and a sky-level owner's lounge. Tidewater is also the tallest building on the Emerald Coast, so it provides a unique look at our area that an one cannot find anywhere else. In addition to the amenities and ideal location, Tidewater is also projected to have significant appreciation due to the increased commercial development coming to the area in which it is primely situated to capitalize on. Some of this development includes the expansion of Pier Park and the development of additional sports complexes that draw in large crowds from throughout the southeast for sporting events and tournaments.
Listing courtesy of Scenic Sotheby's Intl Realty. Selling Office: Scenic Sotheby's Intl Realty.