OWN THE BEACH. With only 2 units per building and perched directly on the sugar white sand of the beach in the popular Frangista community, this Delos condominium seems more like a gulf front home than a condominium. Private gulfside splash pool, elevator, solid concrete block construction, and 1500 feet of private, gated beach add to the single family home feel. Located on the coveted western side of the building, the first floor rises 21 feet above the mean high water line to offer unparalleled sunset views from each of 3 levels. Because the unit is a condo, the master insurance policy covers exterior maintenance and dwelling insurance and is paid through the monthly HOA dues, currently giving investors a significant savings on individual insurance costs over what it would be if the home was built as a single family dwelling. A new roof was just installed last quarter. This unit truly offers the best of both worlds in a luxury beach getaway and did 190k in rental revenue for the 2023 year despite heavy owner usage.

Inside, the first floor features a bunk room with three bunk beds as well as a second king bedroom with ensuite bath, minibar and private Gulf-front deck with a heated pool. The living area is located on the second floor to maximize the stunning views, and is open to the dining and kitchen areas. French doors in the living room open to a gulf front balcony that not only provides a shady spot for al fresco dining, but shares an incredible view even from the kitchen. A bedroom with a queen-size bed and guest bathroom with shower is also located on the second floor. The master suite is on the third floor and opens with French doors to an expansive private covered balcony, allowing for stunning views of the coastline. The ensuite bath includes double vanities, a soaking tub and walk in shower. In addition to the master suite, there is also a queen bedroom with bathroom as well as a washer and dryer on the third floor.