Description
Investors, now is your chance to own a beachside condo at a $50k discount to market value. This 2 bdrm/1.5 bath townhouse is fully furnished and tastefully decorated in a coastal theme. Hurricane shutters, hardwood floors in the bedrooms. Only 1 block to the beach, this property can earn $1800 per month for less than $200k. Hard to find in today's market...why? The Jamestown Condo in Indian Harbour Beach was built in 1964 and the association is in the process of changing the facade of every building. This $20k+ assessment has been priced into this sale. The $881 monthly assessment is accounting for new insurance requirements. If you are a numbers person and long-term investor, you may see the value in this long-term growth and income investment.
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2BEDS
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0.05ACRES
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1BATHS
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11/2 BATHS
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1,088SQFT
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$184$/SQFT
School Information
Description
Investors, now is your chance to own a beachside condo at a $50k discount to market value. This 2 bdrm/1.5 bath townhouse is fully furnished and tastefully decorated in a coastal theme. Hurricane shutters, hardwood floors in the bedrooms. Only 1 block to the beach, this property can earn $1800 per month for less than $200k. Hard to find in today's market...why? The Jamestown Condo in Indian Harbour Beach was built in 1964 and the association is in the process of changing the facade of every building. This $20k+ assessment has been priced into this sale. The $881 monthly assessment is accounting for new insurance requirements. If you are a numbers person and long-term investor, you may see the value in this long-term growth and income investment.
© 2023 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Dale Sorensen Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Dale Sorensen Real Estate.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-03-26T13:18:56.733.