Property Description

Looking for a lucrative investment property that you can enjoy? This is an opportunity to own an incredible 3-day min vacation rental steps from the sand of St. Pete Beach, which was just voted #2 in the USA & #16 in the WORLD for 2020! The Waves is a charming gated enclave of 19 condominiums organized around a central courtyard & community pool. The exceptional location is convenient to the beach, restaurants, shops & "watering holes," all just a short stroll away! There are only two 3-bed units at The Waves & very few 3-bed weekly rentals at all in St. Pete Beach! Owners spent over $40K in last year on decor, making this a great earner from Day 1 on June 1st of 2019! From then to April 17th, 2020, gross rental earnings were almost $37K! It has been beautifully remodeled with raised panel cabinetry, 3cm granite countertops, comfort-height w/c's, attractive satin-nickel fixtures; a built-in-full-size stackable washer and dryer, tile floors throughout, plantation shutters and more! The great news is that even the things you don't immediately see have been redone! The unit had the electrical wiring upgraded in 2012, as well as a new A/C air handler and compressor! Other new items in 2018 are water heater, dishwasher and cooktop! While the inside is fabulous, the outside living space steals the show, with a wrap-around private patio of over 1,000sf that has been lovingly tended. From blooming plumeria to attractive lighting, it is a charming retreat! This fab beach pad is an investment that you will enjoy!