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4/5012 Gulf Drive

Lower Grand Lagoon FL 32408

2
2
815 sq. ft.
Condo
Currently for sale - view listing

Overview

New Property Video & 3D Home Tour! Rare opportunity to own a second-floor 2 bedroom, 2 bath beachside condo at the end of a cul-de-sac with no thru traffic, located directly across from an extra-wide, paved public beach access and within walking distance to several restaurants, including Schooners. Enjoy water views and added privacy from the upper level. Simply step outside and you're less than 60 feet from the beach, making this unit highly desirable for both short-term rentals and personal use. The unit features updated LVP flooring with upgraded rubber backing, a functional layout, and durable, low-maintenance finishes. NO HOA however there will be a shared access agreement for Insurance and Maintenance. The building has seen major improvements including all-brick construction with dual layers of elastomeric stucco and paint, a 2024 standing-seam metal roof, updated windows and doors, and water heaters replaced in 2021. Owners enjoy a shared pool, no HOA, short-term rentals allowed, and two assigned parking spaces per unit. The owner currently has Units #1, #3, and #4 available, offering a rare opportunity for investors to acquire multiple units in the same small complex directly across from beach access — an opportunity that seldom comes available in this area at this price point. Ideal for investors looking to scale a beach rental portfolio in one location.

Features

2 bedrooms
2 bathrooms
815 sq. ft. floor area
Condo

Happy sellers in Lower Grand Lagoon

91%
91% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 2 bedroom condos in Lower Grand Lagoon

In the last 12 months, 206 two-bedroom condos similar to 4/5012 Gulf Drive, have been sold.

This represents a 16% decrease in two-bedroom condos sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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