This exceptional property has delivered a gross rental income of $104,766.66 in 2022. In addition, the current owners enjoyed the unit for three months which could have increased the rental revenue if it were less time. They have invested in a brand-new air conditioning system, which could potentially add another $6,012.00 to your income. The hot water heater is also new. Introducing an exquisite new condo for sale with breathtaking Gulf of Mexico views. This three-bedroom unit is a true gem. Step into a modern three-bedroom, three-bath penthouse unit that showcases expansive views of the Gulf. This versatile property serves as both a perfect vacation destination and a savvy investment, providing a revenue stream that practically takes care of itself. Whether you're seeking a corporate retreat, a family getaway, or a seasonal residence, this condo fits the bill. Perfect 1031 Exchange opportunity. What's more, it comes fully furnished, and you'll have the convenience of an owner's closet to store personal items. Ready to make this condo your own? You can move in tomorrow and wake up to the sun-drenched corner unit. The kitchen is appointed with stainless steel appliances and granite countertops, while the spacious living area opens to a generous 535-square-foot balcony. The master suite is a sanctuary with a king-sized bed, a luxurious Jacuzzi spa, a separate shower, a walk-in closet, and your own private balcony access. The second master en-suite currently has two queen-sized beds enhancing your rental opportunities. The third bedroom is cozy, featuring a queen-sized bed and a TV. No need to worry about managing rentals; you may use the on site management company, an off site management company or self manage. Practicality meets luxury with the in-unit washer and dryer. Outside, you can unwind in the heated pool and spa surrounded by lush tropical landscaping. You'll also enjoy the convenience of two assigned parking spaces in the secure under-building garage. There is a lock-out owners closet for your personal use. When you're ready for entertainment and dining, the famous John's Pass is just a short stroll away. This property truly offers a resort-style living experience, and financing options are available. But that's not all; don't forget to explore the potential Vacation Rental Tax Benefits highlighted in IRS Publication 527, which can make this property an excellent choice for a 1031 exchange. To seize this fantastic opportunity, give us a call today, and we'll arrange a viewing for you, fitting it in between guest stays. Your dream condo with Gulf of Mexico views awaits!