1030 E Hwy 98, Unit 206A, Destin, FL 32541

Property Description

Silver Dunes 206A is an established, fully furnished Gulf-view vacation rental with documented six-figure gross rental revenue and a complete 2023 renovation. More than $100,000 has been invested in improvements and furnishings. Located just steps from Destin's sugar-white beaches and private beach access, this condominium combines a renovated coastal residence with six years of rental operating history. Gross rental revenue totaled $100,115 in 2025, with $106,552 in gross rental receipts reported for 2026. Rental income, occupancy, and operating records are available upon request. Located on the second and highest floor of a gated, low-rise Gulf-front resort, 206A offers single-level living, convenient elevator access, and a furnished Gulf-view balcony overlooking the landscaped courtyard. The comprehensive 2023 renovation includes an open-concept living and dining area, luxury vinyl plank flooring, marble countertops, updated appliances, upgraded HVAC systems, custom window treatments, smart-home features, and remodeled bathrooms with a walk-in shower in the primary suite and a Jacuzzi tub with a rainfall shower in the guest bath. Spacious bedrooms, walk-in closets, and premium coastal furnishings complete the residence. A signed winter lease provides scheduled occupancy through February 28, 2027, subject to its terms. The condominium is sold fully furnished and equipped for vacation rental use, including furniture, appliances, kitchenware, linens, guest inventory, a dedicated beach storage unit, and two owner-owned beach rental sets. Established cleaning, maintenance, and guest-turnover procedures support a smooth transition for the buyer. Silver Dunes amenities include private beach access, a Gulf-view swimming pool heated to about 86°F from October through May, a children's pool, a landscaped courtyard, a fitness center, an arcade, tennis and basketball courts, grilling areas, guest laundry, EV charging, covered parking, and seasonal beach services. On-site management and maintenance resources add operational ease and convenience. The $20,000 special assessment for 2025 has been paid. Monthly HOA dues are $1,242 and include water, internet, cable, and resort amenities; electricity is billed separately. With documented rental history, extensive renovations, complete furnishings, included beach storage and rental inventory, and established operating procedures, Silver Dunes 206A offers a distinctive opportunity to acquire a Gulf-view coastal property with an established vacation rental operating framework.