25020 Perdido Beach Blvd , #701

Description

Rare, East Corner, mid-level at Summerhouse! Not too high or low, East view all the way to Florida. West view all the way to gulf Shores. East corner units in "B" building have the some of the best views in Orange Beach. This is for you if you are willing to pay for the view! Storm damage being repaired by HOA insurance, including new glass meeting current building codes. So this is an incredible opportunity to have everything brand new inside this condo! At this point, the unit is essentially a shell. We think the new owner will basically have a blank slate to finish the condo however they like. Expected date for the unit to be turned over to new owner is early this summer. East corner units in Summer House "B" building sell faster and for much more than all others in Summer House. This unit was under contract for approximately $600K, cash, prior to Hurricane Sally. Conventional, 2nd home financing does not work well (will not close or have a final appraisal) while repairs are in process. All three bedrooms have amazing gulf views and balcony access. Huge, wrap around balcony so everyone can spread out if they like! Photos are Pre- Sally. balcony 360* view is here- https://view.ricohtours.com/eec519f8-dac5-441c-93ef-e2bd477be195?type=unbranded Well run and strong HOA. Summer House had a $10K storm assessment, which the owners have paid. No other assessments expected. Summerhouse has Indoor and outdoor pools, fitness room, etc. Gated complex. This is a fantastic rental investment, renters will pick this one first. 2019 gross rental income was $54K. Rental history available from listing agent. If you have been waiting on an East corner, act fast!