$535,000
RARE. TOP FLOOR. ONE OF A KIND. THE OPPORTUNITY EVERY INVESTOR HOPES TO FIND.Boardwalk 1085 is a unique top floor unit that doesn't play by the rules. When Boardwalk was originally designed, the developers intentionally created one extraordinary residence on the top floor. The result is Unit 1085, a 1-bedroom, 1.5 bath unit unlike anything else in the building.At nearly 1,000 square feet, this unique residence is nearly double the size of every standard one bedroom floor plan at Boardwalk and even larger than the building’s 2-bedroom units. The additional half bath, expansive living area, oversized kitchen and ample storage make this floor plan exceptionally comfortable for both owners and guests. The balcony is double the standard width, for even greater views.Yes, the interior is ready for its next chapter. And that’s exactly where the opportunity begins.I’ve invested in professionally commissioned renderings of a complete renovation of this unit, inspired by a redesign and complete quote provided by Gulf Coast design firm MINT Decor. Every finish, furnishing, layout improvement, and space optimization has already been thoughtfully planned to transform this residence into a luxury coastal retreat designed to comfortably sleep 6 to 8 guests. Better yet, every phase of the renovation has already been quoted, and for my buyers exclusively, If you’d like to see the renderings, surprisingly low renovation budget, timeline, and projected rental analysis, I’d be happy to share them.In its current condition, the unit has historically generated around $30K in annual BASE rent. Following the proposed renovations, projected base rental potential approaches $60,000 annually, creating a unique opportunity to add significant value by increasing the STR income potential.And with Sea-N-Suds Restaurant & Oyster Bar on-site, a grocery directly across the street, owners and travelers alike can't get enough of The Boardwalk. Its an institution. Call me before someone else does Buyer
1
Beds
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2
Baths
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396489
MLS
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Boardwalk BLDG.
409 E Beach Boulevard Unit 1085, Gulf Shores
Listing courtesy of Young's Suncoast Realty.
