Welcome to 13661 Perdido Key Dr unit 402, a HIDDEN GEM of Perdido Key, Pensacola!! Perdido translates to the word ''lost'' in Spanish so it refers to the ''lost paradise'' this beautiful island of Pensacola has to offer. Perdido Key has a rich history and is a well sought after area located on the Alabama border of Orange Beach. Being somewhat of an isolated island this area offers a sense of exclusivity which creates an experience in itself. Being such a desired area and Palacio being a luxurious condo, the RENTAL POTENTIAL is quite impressive, ranging from 55k-65k GROSS. That's approximately 8% ROI!!! This gives you an opportunity to get the best of both worlds, having your own piece of paradise while having it pay for itself!! Upon entering this meticulously chic condo, you'll be greeted by breathtaking UNOBSTRUCTED OCEAN VIEWS from both the spacious living area and the MASTER SUITE, thanks to the floor-to-ceiling windows that bathe the space with natural light. Imagine waking up to the sound of waves and enjoying your morning coffee on your HUGE OVERSIZE balcony that overlooks the pristine white sandy beaches OR having a GRAND MASTER suite that has direct access to the balcony and OCEAN VIEWS of the Gulf of Mexico from the BEDROOM. Features like these are not only desirable to owners, but creates a high desirability for renters as well, boasting your rental advantage which leads to greater return!! Sold FULLY-FURNISHED, this unit is TURN-KEY ready with nice coastal chic furnishing that creates a warm cozy feel but also brings out that coastal vibe, a Galley kitchen fully equipped with modern stainless steel appliances, granite countertops, and ample cabinet space, giving it a feel of a home away from home, ALL wood tile throughout the entire unit, MASTER SUITE facing the Gulf, standing shower plus a tub, HUGE walk in closet which is adds that comfortability and space when on vacation, a WET BAR area for entertainment, HIS/HER sink in the master bath, and sturdy POLYWOOD patio furniture set up both for dining and relaxing, but most importantly that can withstand the salted air to prevent rapid corrosion. In addition, the complex has a lot of nice amenities like, private beach access, nice size hot tub, private pool, lounge area, gym etc. Outside of that, the area has a vast variety of restaurants, and recreational excursions for family, for example chartered fishing, e-bikes rentals, canoe rentals, pontoon boat rentals, adult party cruises, parks, Publix and Walmart in close proximity, Alabama Aquarium close by, kayak rentals, dolphin tours, slingshot rentals, and the list goes on!!! If you're looking for an investment that ticks ALL the boxes, UNIT 402 at PALACIO does just that, GREAT RENTAL, WELL KEPT building, PRIME LOCATION, and your very own piece of PARADISE!! Call today if you're interested in making your NEXT investment adventure your BEST investment adventure.

Listing courtesy of ECARMLS / Salty Marlin Realty

Last checked: Checking… • Last updated Feb 17, 2025 • Source: ECARMLS

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