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.
Listing courtesy of RE/MAX Aerospace Realty.
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