LowRise

LOWEST PRICED 2 BED / 2 BATH DIRECTLY BEACH FRONT CONDO IN PCB!!! This listing is being entered as a courtesy/comp. It is a private ''in office'' transaction. Sugar Beach is truly a hidden gem where time stands still, and lifelong memories are made with family and friends. 2 bed/2 bath condos in Sugar Beach are true rental machines, and this one is will certainly not disappoint. Your new condo is less than 30 steps to the private beach access and is on the ground floor. Park at your door, avoid the stairs and elevators, and with everything you could ever want within a very short distance - never touch your car keys again! The average 2-bedroom condo in Sugar Beach brings in over $45k annually in rentals, and some of the well established ones bring in over $75k. At the high end... your annual ROI would be well over 30% on a financed purchase - which is unheard of nowadays! And even as you are getting established and building your client base, you would still be enjoying a 1.5% ROI - plus appreciation and equity gains (which is way better than banks, crypto, and the stock market offers right now)!!! Financed Purchase @ $45k Rentals = 1.5% ROI Financed Purchase @ $75k Rentals = 33% ROI Cash Purchase @ $45k Rentals = 7% ROI Cash Purchase @ $75k Rentals = 14% ROI Now you can see... this one is truly a once in a lifetime beach front condo at this price!!! Sugar Beach has everything you could ask for to ensure enormous rental income. It is one of the few remaining pet friendly vacation destinations in PCB - which is a HUGE amenity for renters (giving you a truly competitive advantage). Gated community, no elevators, park directly at your door, private gated beach access, pool, tennis, shuffleboard, grilling area, huge koi/turtle pond right out your back door, countless nearby restaurants/activities, and the list goes on! Welcome home to Paradise!!! *Low quarterly HOA Fees include water, trash, cable, exterior insurance, grounds keeping, 24 hour video surveillance, community amenities (pool, tennis court x 2, shuffleboard, Koi pond, community room/kitchen, ping pong), on site maintenance 8 hours daily, onsite property management Mon-Fri, and private gated beach access. *Measurements are approximate, buyer to verify if needed*